Reading time 7 min read
A plain language guide to the legal duties every Singapore director carries, plus practical habits that keep boards out of trouble.
Becoming a director of a Singapore company comes with real legal responsibilities. The Companies Act sets out duties that apply equally to founders, professional directors and nominee appointees.
Core duties
- Act honestly and in the best interests of the company.
- Avoid conflicts of interest or disclose them fully.
- Exercise reasonable care, skill and diligence.
- Keep proper accounting records.