Why You Should Employ Corporate Secretary for Company in Singapore?
Have you successfully incorporated or registered a new
business in Singapore? If yes, you should have to follow up next major step
after completing six months of your company’s incorporation that is appoint a
professional corporate secretary in-house or hire Singapore corporate secretarial services offered by leading
business registration agencies in the country. It is a mandatory norm for all
level companies in Singapore that they need to employ an experienced corporate
secretary in the organization to manage all it's legal, operational, and
administrative works of the company in a legislative manner. However, there is
a great significance of hiring any professional corporate secretary in the company, who can take care of all matters of the firm and navigate the board of
directors for growth of the business as per the legal norms of ACRA authority in
Singapore.
Now, you will be thinking, why need Singapore corporate secretarial services for adequate management of
business? If yes, you should take a look on below roles and responsibilities of
a professional corporate sectary in Singapore:
·
Maintaining
legal registers and daily production reports of the company.
·
Manage
all administrative works of the company as per statuary norms in Singapore.
·
Accomplish
all taxes and e-filling works of a company to the ACRA authority.
·
Organize
business meetings and communication sessions among the board of directors.
·
Give
relevant suggestions to the directors for business development and management.
·
Interact
with company shareholders and discuss a matter of concerns of the company with
them too.
·
Distribute
company’s all reports, financial statements, accounting reports, amongst the
directors and shareholders for acknowledgment.
·
Resolve
legal and corporate matters of the company as per the statuary norms of ACRA.
·
Send
notifications about ACRA rules and legal alerts of the authority to the
directors.
· Establish
communication and meeting between company’s shareholders, directors and other
members of the board of directors.
·
Preparing
annual administrative reports of the company.
·
Handle
company’s fiscal and other taxation issues.
·
Keep
updating company directors about legal norms of ACRA and IRAS authorities
·
Secure
company seal and confidential documents as well as articles from miss-use.
Thus, above are some vital duties that need to be performed
by a professional corporate secretary in
Singapore without fail and ensure that the company’s is running its business
legally and its owners are updated about every new change in the organization
and legal norms of ACRA, IRAS and other statuary bodies in Singapore too.
So, if you are not able to hire an experienced corporate
secretary in-house, you do not need to be disappointed, as you can apply for Singapore corporate secretarial services offered
by the top-notch business registration agencies. At such stops, you will find
genuine and professional corporate secretaries, who have good exposure to all
kinds of corporate norms, duties, and legal requirements of administrative
works to be completed under the law. Moreover, you can hire a secretary in the
company at a part-time basis for specific works as well.
Thus, it is necessary for all level companies in Singapore to
appoint an ideal corporate secretary in the company after completion of six
months of your Singapore company registration and ensure that the professional is able to manage all the
administrative works of the company as per the legal norms of ACRA authority. For
more details about corporate secretarial services and requirements, you may
approach to the business consultants in Singapore wisely.
Here you have clearly explained the things that are needed for company secretarial services in Singapore and company registration. This blog will help many users to understand about it.
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