The Singapore Companies Act requires all Singapore Private Limited companies to have at least one shareholder be it an individual or a corporation. It is not necessary for the shareholder to be a Singapore Resident.
Upon incorporating a Singapore company you can either act as a shareholder yourself or we can provide you with a nominee shareholder with a view to securing your corporate privacy. For the purpose of privacy, some clients do not wish to be identified as shareholders of the companies that they have set up and will therefore wish to appoint nominee directors/shareholders. Acoba International can provide nominee directors/shareholders for the companies it administers. These nominee shareholders will hold the shares on trust for the beneficial owners and only they will be identified on the register of shareholders.