Corporate · Service
Nominee Director
A third-party individual appointed as a director of a company in name only, with no operational involvement — typically to satisfy a local-director requirement.
In practice
Required in Singapore (one resident director) and Australia (one resident director) where the actual founders are non-resident. ArxSetup provides nominee director services from USD 5,500/year. Nominee directors typically sign an Indemnity Agreement with the beneficial owners protecting the nominee from liability.