Do the directors and shareholders of a Singapore company have to be the same person?

No. Directors and shareholders do not have to be the same person. One person can be both a director and a shareholder, a person with no shares can be a director, and a person who is not a director can be just a shareholder.

A one-person company in which one individual is the sole shareholder and director is also possible. However, if that person is not resident in Singapore, one more local resident director must be appointed.

• If a Korean parent company is setting up a subsidiary: The parent company (a corporate entity) becomes the shareholder, and employees or executives of the parent company become directors in their personal capacity.
• Individual founders (living overseas): The founder becomes both shareholder and director, and a nominee director is added.

Lee Kim Alliance provides a company incorporation service.