Resignation of director
A director who wishes to resign must give the company written notice, in line with the company's constitution. The company must then report the cessation to ACRA within 14 days of the resignation taking effect. If you submit the request through the Sleek platform, Sleek prepares the resolution and lodges the cessation with ACRA for you.
Before you resign
Check these first:
- Your company must always have at least one director who is ordinarily resident in Singapore. If you are the only local director, appoint a replacement local director first.
- Check your constitution for any notice requirement.
- Consider who will take over your bank signatory, CorpPass and other authorisations.
Below are the steps to request for a resignation of director on Sleek platform:
- Log in to your account on Sleek platform;
- On the left hand side of your dashboard, click on “Requests”;
- Choose “I would like to request a resignation of director”, and click on “create a new request”.
- On the next page, you can select the director you’d like to resign.
- Your request is now received and will be processed by our team. Upon receiving your request, our team will prepare the resolution of resignation and send it for signature within 3 to 4 working days.
- Email notifications will be sent to the signees for them to sign the documents via SleekSign. You can find a tutorial on how to SleekSign a document here.
After you resign
Sleek lodges the cessation with ACRA on Bizfile+ within 14 days and updates the company's registers. If the company does not lodge the cessation, ACRA provides a route for the former director to notify ACRA directly. Late lodgement can result in ACRA penalties.
