#Nominee Director

When weighing this decision, many people’s first instinct is to fixate on tax rates — the common assumptions that “US LLCs incur no tax” and “Singapore only charges 17% corporate tax” — but this approach to comparison is fundamentally flawed. These two corporate entities differ entirely in legal structure, director eligibility requirements, and underlying tax treatment logic. What truly matters is where your customers are based, where your supply chain operates, and which banking and payment ecosystem you plan to use. This article clarifies the essential differences between the two, breaks down their real-world costs, and offers targeted selection advice for several typical business scenarios.

Many people know that Singapore companies allow foreigners to hold 100% of their shares, but few people understand that there is an ongoing annual fee hidden behind the matter of "what to do if there are no Singapore resident directors." This article explains clearly what problems service providers like Sleek solve, what Nominee Director is, how much higher the real cost is than the "starting price" written on the homepage of the official website, and whether tax residency and bank account opening are the same thing as "company registration in Singapore" after registering a company.