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The process

A reliable Nominee Director to navigate local compliance

Why does your company need a Nominee Director?

Every company needs to have a resident director according to Singapore law. This is particularly important for foreigners who are waiting for the approval of their Employment Pass — once this is obtained, directors can become sole directors of their Singapore company.

The process of appointing a Nominee Director

Choosing a reliable professional services provider is crucial when appointing a Nominee Director. This is important for those waiting for Employment Pass approval and for compliance with regulations. Osome has various packages available for newly incorporated companies or existing ones looking to maintain their compliance in Singapore. We can assist depending on your needs and have quarterly, 6-month, and yearly services available.

A Nominee Director's role for Singapore businesses

To fulfil the legal obligation of having a resident director, Singapore companies can choose to engage a Nominee Director. This individual will assume legal responsibilities without active involvement in the day-to-day operations of the business.

Got questions? Chat with our local experts

Choose a convenient time to chat with our accounting experts and get the answers you need to take the next step.

WHY CLOUD BSS

Seamlessly maintain a good standing with the local authorities

Your own bookkeeper

You'll work directly with an Cloud Bss expert to make your business's bookkeeping more efficient. We make sure you pay the right tax from day one with our complete, online bookkeeping services.

Cash flow clarity

Get daily insight into your cash flow to give you financial clarity, with complete bookkeeping services to help you make sense of it all.

Compliance and Reporting

You don't have to deal with the IRD — we'll do it for you. Our online bookkeeping services will handle all tax, deadlines, and filing so that you pay the right tax and stay compliant.

PRICING

Plans to fit your business

Our packages are tailored to your business stage and monthly revenue. Customise your package with add-ons to suit your needs as you grow.

Your annual revenue range

₹0 - ₹10,00,000

Operate

If you want to nail your first year of business and stay compliant

₹2963.89/m

₹35,567.00 billed annually

Cloud BssAccounting software

Create, send, and chase invoices
Capture bills and receipts easily
Expense Management
Real-time financial reports (Profit & Loss, Balance Sheet, Aged Payables, Aged Receivables)
Use multiple currencies

Ecommerce

Connect one marketplace

Bookkeeping

Unlimited bookkeeping
Automatic reconciliations

Expert service

Annual Management reports
In-app chat
Payroll and dividends tax advice
Dedicated accounting team

Tax and filings

Unaudited Financial Statements (UFS)
Annual tax return filling

Optional add-ons

Xero Subscription

₹37048.64/y

Video call with an expert

₹6174.77/h

Personal Income Tax

₹9262.16

Full XBRL report

₹30873.83

Simplified XBRL report

₹18524.30

Grow

For those growing a team and needing payroll and employee services

₹5557.29/m

₹66,687.48 billed annually

Cloud BssAccounting software

Create, send, and chase invoices
Capture bills and receipts easily
Expense Management
Real-time financial reports (Profit & Loss, Balance Sheet, Aged Payables, Aged Receivables)
Use multiple currencies

Ecommerce

Connect one marketplace

Bookkeeping

Unlimited bookkeeping
Automatic reconciliations

Expert service

Monthly Management reports
Video calls with an expert
Ad-hoc tax advice
In-app chat
Payroll and dividends tax advice
Dedicated accounting team

Tax and filings

Unaudited Financial Statements (UFS)
Annual tax return filling

Optional add-ons

Xero Subscription

₹37048.64/y

GST filing

₹74097.20/y

GST registration

₹18524.30

Personal Income Tax

₹9262.15

Full XBRL report

₹30873.83

Simplified XBRL report

₹18524.30

Payroll services, per employee

₹18524.30/y

Employee leave tracking, per employee

₹4940.00/y

Add-ons you might need

Urgency filing

Where applicable, an urgency fee may be applied depending on your filing deadline.

S$ 750

Simplified XBRL filing

The Simplified XBRL template caters to smaller businesses and non-publicly traded companies in Singapore. It provides a simple report and a complete set of financial statements in PDF format.

S$ 300/y

Full XBRL filing

Cloud BSS will provide a Full XBRL report including primary statements and selected notes to the financial statements. This comprehensive report represents a company’s financial performance and position.

S$ 750

Frequently Asked Questions on Company Registration

Where can I register my company?

Explore over 600 resources for managing small business finances

How to Deal with Inflation's Effects on Your Small Business

A year end package with everything you need to file comes standard with Cloud Inc. Upgrade your plan, and cross even more off your to-do list. With Premium, you get expert tax prep, filing, and year-round tax advisory support.

How to Deal with Inflation's Effects on Your Small Business

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Copyright © 2023–2024 Cloud Bss. Pvt. Ltd., Singapore . All rights reserved. Cloud Bss. Pvt. Ltd. has obtained waiver towards the The Singapore Code on Take-overs and Mergers (Code) and is not subjected to the implications arising from the requirements of the Code. All the protections afforded by the Code do not apply to the shareholders of Cloud Bss, including the right to receive a minimum offer price from an offeror in a mandatory or voluntary offer. Here is further information.