{"id":9261,"date":"2015-11-21T19:39:52","date_gmt":"2015-11-21T11:39:52","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/?page_id=9261"},"modified":"2026-05-08T16:00:51","modified_gmt":"2026-05-08T08:00:51","slug":"guidebook-for-singapore-directors-and-dcp","status":"publish","type":"page","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/resources\/guidebook-for-singapore-directors-and-dcp\/","title":{"rendered":"Guidebook for Singapore Directors and DCP"},"content":{"rendered":"

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Guidebook for Singapore Directors and Directors Compliance Programme (DCP) in Singapore<\/h2>\n

\"GuidebookACRA launched its first handbook for directors titled \u201cACRA & I \u2013 Being an Effective Director\u201d on 28 July 2011. The handbook is written for new or aspiring directors<\/a> to better understand their responsibilities and duties. It also serves as a practical hands-on guide for these directors on the know-how in performing their statutory duties and meeting their legal and compliance requirements. The director\u2019s handbook is launched as a part of ACRA\u2019s suite of initiatives in the promotion of voluntary compliance among companies.<\/p>\n

You can download the handbook at Guidebook for Directors – ACRA & I: Being an Effective Director<\/a>.<\/p>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/4″][vc_single_image image=”34843″ img_size=”200×150″ alignment=”center”][\/vc_column][vc_column width=”3\/4″][vc_column_text]Role and Responsibilities of a Singapore Company Resident Director and the Risk Involved Being a Nominee Director in Singapore<\/a><\/strong><\/p>\n

All private limited companies in Singapore must appoint at least one local resident director. Understand the Role, risk and Responsibilities of a Singapore Company Resident Director.\u00a0[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/4″][vc_single_image image=”34845″ img_size=”200×150″ alignment=”center”][\/vc_column][vc_column width=”3\/4″][vc_column_text]What Happens When a Company Director Resigns in Singapore?<\/a><\/strong><\/p>\n

When the director of a company in Singapore resigns, there are several matters which must be attended to. The Accounting and Corporate Regulatory Authority (ACRA), who is the Registrar of Companies in Singapore, must be notified. ACRA must be informed within 14 days from the date the director resigned.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/4″][vc_single_image image=”35211″ img_size=”200×150″ alignment=”center”][\/vc_column][vc_column width=”3\/4″][vc_column_text]Understanding A Singapore Company Local Resident Director\u2019s Responsibility<\/a><\/strong><\/p>\n

A Singapore company local resident director has a major role to play, and they are largely responsible for the overall success that is achieved by the company. As such, the responsibilities of a Singapore company director should not be taken lightly.\u00a0[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n

Director\u2019s Requirement<\/u><\/h3>\n

Under the Companies Act, the minimum number of directors required is one. The maximum number of directors will usually be stated in the company\u2019s Articles. In addition, there must be at least one director of the company who is ordinarily resident in Singapore.<\/p>\n

There are various circumstances where a director may face disqualification. Once a person is disqualified, he will not be allowed to be a director or take part in the management of any local or foreign company unless he seeks permission from the High Court or Official Assignee, if applicable.<\/p>\n

The circumstances which disqualify a person from being a director include the following:<\/p>\n