Every company must appoint at least one Corporate Secretary within 6 months of incorporating or once the previous secretary resigns as required by the Singapore Companies Act. As the company secretary is responsible for the proper administration of a company, particularly in ensuring compliance with statutory and regulatory requirements and in ensuring that decisions made by the board of directors are implemented, it is important that your business engages an experienced company secretary who is familiar in the statutory and regulatory laws in Singapore so that your company adheres to the requirements stipulated by the Accounting and Corporate Regulatory Authority (ACRA).
The backbone of all administrative and compliance-related functions in the company, a Company Secretary is responsible for establishing and maintaining all company’s records and ensuring that they comply with statutory regulations on a timely basis.
Having served as Company Secretary to hundreds of our clients over the years, our team has a thorough knowledge of the regulatory requirements stipulated by the Companies Act and ensures that all our clients’ records and submissions are in full compliance with them.
Main duties of a company secretary are:
- Timely maintenance and updating of a company’s statutory registers and records.
- Advising the management on matters that require notification to ACRA.
- Making available the statutory registers and records for inspection whenever necessary.
- Preparation of Annual General Meeting (AGM) and Annual Return documents for submission to ACRA