Director Consent Form Template for Singapore

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Key Requirements PROMPT example:

Director Consent Form

"I need a Director Consent Form for a Singapore tech startup, where the proposed director is based in the UK and will serve as a non-executive director starting March 2025, with specific declarations about overseas residency and remote board participation."

Document background
The Director Consent Form is a crucial document required by Singapore's corporate regulatory framework. It must be executed whenever a new director is appointed to a company's board, whether during incorporation or subsequent appointments. The form includes personal details, qualifications, and statutory declarations confirming the proposed director meets all legal requirements under the Companies Act. It serves multiple purposes: documenting consent, confirming eligibility, and providing necessary information for ACRA's records. The form must be submitted alongside other required documentation for director appointments.
Suggested Sections

1. Personal Details: Section capturing full name, NRIC/Passport number, residential address, nationality, and other identifying information of the prospective director

2. Company Details: Section specifying the company name, registration number, and registered address for which the directorship is being accepted

3. Consent Declaration: Express written consent to act as director of the company and acknowledgment of duties and responsibilities under the Companies Act

4. Qualification Confirmation: Declaration confirming eligibility to act as director, including age requirement, absence of disqualifications, and bankruptcy status

5. Data Protection Consent: Consent for collection, use, and disclosure of personal data in accordance with the Personal Data Protection Act 2012

Optional Sections

1. Additional Directorships: Section for declaring other current directorships in Singapore or overseas companies, used when required by company policy or for enhanced due diligence

2. Specific Industry Requirements: Additional declarations and consents required for regulated industries such as financial services, healthcare, or other sectors with specific regulatory requirements

3. Foreign Director Declaration: Additional declarations for foreign directors regarding immigration status and local residency requirements

Suggested Schedules

1. Schedule 1: Declaration of Interests: Schedule for listing any direct or indirect interests in company contracts, arrangements, or competing businesses

2. Schedule 2: Supporting Documents: List of required supporting documents including copies of identification documents, proof of address, and other relevant certificates

3. Schedule 3: Director's Code of Conduct: Summary of key duties, responsibilities, and ethical standards expected of directors under Singapore law

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Industries

Companies Act (Cap. 50): Primary legislation governing company directors in Singapore, including Sections 145 (director requirements), 147 (minimum age), 148 (disqualification), 149 (resident directors), and 156 (interest disclosure)

Company Constitution: Company's governing document that outlines specific director appointment procedures and qualification requirements

Singapore Companies Regulations: Regulatory requirements for director appointments, including ACRA filing requirements and Form 45 compliance

Personal Data Protection Act 2012: Legislation governing the collection, use, and protection of personal data, including consent requirements and data protection obligations

Corporate Governance Requirements: Including SGX Listing Rules and Code of Corporate Governance for listed companies, and industry-specific requirements for regulated sectors

Directors' Code of Professional Conduct: Guidelines outlining directors' duties, responsibilities, and ethical considerations in their role

Immigration Act: Requirements for foreign directors regarding Employment Pass or relevant visa requirements for serving as a director in Singapore

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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