Directors
A company must have at least one director who is an “ordinarily resident” in Singapore.
Is there any requirement to be a company director?
With effect from 1 March 2009, any person aged 18 years and above may be appointed as a director. However, certain individuals (e.g. bankrupts and persons convicted of offences involving fraud or dishonesty) are disqualified from holding director positions.
Secretary
Every company must appoint a secretary within 6 months of the date of its incorporation.
The company secretary must be residing locally in Singapore.
He/She must not be the sole director of the company.
The secretary of a public company must comply with section 171(1AA) of the Companies Act i.e. must possess at least one of the following qualifications:
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Been a secretary of a company for at least 3 of the 5 years immediately before his appointment as secretary of the public company.
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Qualified person under the Legal Profession Act (Cap. 161).
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Public accountant registered under the Accountants Act (Cap. 2).
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Member of the Institute of Certified Public Accountants of Singapore.
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Member of the Singapore Association of the Institute of Chartered Secretaries and Administrators.
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Member of the Association of International Accountants (Singapore Branch).
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Member of the Institute of Company Accountants, Singapore.
Auditor
A company shall appoint an auditor within 3 months from the date of its incorporation, unless it is exempted from audit requirements under Section 205B, or 205C, of the Companies Act.