Company Secretarial Services Singapore

Corporate Secretary in Singapore

As per the Companies Act of Singapore, all companies must appoint atleast one corporate secretary apart from when exceptions are applicable. A Singapore corporate secretary is responsible for a lot of key functions in the company and this is where secretarial service firms can help you find the right person for the job. Finding a qualified person is not only important from a legal perspective but also helps you to take your business forward. Corporate secretarial Singapore services are vital for the survival of any company but it is also important that you choose the right service provider for your needs. Make sure that the person who is appointed satisfies all the requirements given in the Companies Act.

The Role of a Company Secretary

Maintaining a proper record of the company’s members, directors, auditors and shareholders is one of the first responsibilities of a company secretary. He is also responsible for keeping a record of the assets of the company and the minutes of board meetings and general meetings. Singapore corporate secretary is responsible for conducting the annual general meeting, preparation of the annual return and also its submission to the Accounting and Corporate Regulatory Authority. Another requirement is that as and when needed, Singapore corporate secretary should inform ACRA regarding allotment of shares, changes in director, secretary or manager of the company, registered office, memorandum, articles of association, bank accounts, bank signatories and transfer of shares.

Corporate Secretarial Singapore Services

Statutory requirements need to be met not only by foreign companies but also local companies that have their offices in Singapore. When choosing a company to provide you with the necessary information and services, do ensure that the firm is a reliable one. Check their previous records and previous clients by which you will be able to gauge the experience they have in this field. Experience in providing corporate secretarial Singapore services to both large and small companies shows their flexibility. Prior working experience with companies in the same industry as yours is a definite plus when choosing a professional services firm for your accounting needs.