What does a Company Secretary do?
A Company Secretary is responsible for the administration of the company. He/She is also required to ensure that all the directors and shareholders are informed of their statutory obligations such as the filing of annual returns.
The responsibilities of a Company Secretary can be varied depending on a company’s needs. Below are some examples:
Maintain and update the company’s registers and minutes books.
Administer, attend and prepare minutes of meetings of directors and shareholders.Few readersDocuments Required for the Appointment of Company Secretary
Business Profile of Company - Provided by ACRA (Can be extracted via Myinfo Business)
Memorandum and Articles of Association / Constitution
Directors’ Particulars (Can be extracted via Myinfo/Passbase)
Shareholders’ Particulars (Can be extracted via Myinfo/Passbase)Few readersCan I appoint myself as the Company Secretary?
Before appointing yourself as the Company Secretary for your business, you should be aware of the requirements of a Company Secretary. According to the Companies Act of Singapore, a Company Secretary must be a resident of Singapore, such as a citizen or a permanent resident. The Company Secretary must also have the necessary experience, knowledge and qualifications for the position.Few readersDo I need a Company Secretary?
Companies must appoint a company secretary within 6 months from the date of incorporation. This position cannot be left vacant for more than 6 months or the directors may face a penalty of up to $1,000.Few readersWhy should I outsource Company Secretarial service?
Most businesses in Singapore do not need a full-time Company Secretary, so by outsourcing the role you will be able to save costs while ensuring that your secretarial responsibilities are still being handled by experienced professionals who assist you with compliance and provide related practical solutions.Few readersIs it difficult to switch Secretaries?
No it is not. Switching Company Secretaries is quick,easy and total fuss-free.
We will help you prepare all the documents and submit them to ACRA on your behalf. You do not have to do anything.Few readersShould I engage a professional Company Secretary?
Many businesses opt to outsource the functions of a Company Secretary because it is cost-effective and convenient. At Swiftly, with the proprietary technology we have invented and our our team of experts to advice on everything pertaining to Company Secretarial services, your company will be in very safe hands. There is also a wide range of complementary services, such as Free professional consultation and auto-filing reminders, just to name a few. ACRA has issued countless summons to companiesFew readers