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Corporate Secretarial Service in Singapore

CORPORATE SECRETARIAL SERVICE IN SINGAPORE

The Singapore Companies Act requires every business owner who incorporates their company in Singapore to appoint company secretary in Singapore within 6 months of incorporation. A company secretary must meet certain criteria including she/he must be a natural person who has his principal or only place of residence in Singapore.

Why outsource a company secretary?

A company secretary is one of the most important persons of your firm and it will help you in fulfilling a different range of duties that can ensure your company act in accordance with the regulations stipulated by IRAS and ACRA.

ROLE OF A SINGAPORE COMPANY SECRETARY

When to start your Singapore Company?

Company secretaries plays a vital role and assist in the management of a company and make it sure that directors and shareholders are always kept well informed regarding statutory obligations, such as the annual filing of audited accounts and the holding of annual general meetings ("AGM").

If we talk about in Singapore, the main criteria for being a company secretary for a private limited company is not strict and this role can be undertaken by only Singapore resident whether one is Singapore citizen, permanent resident or an individual with an employment pass and must be above 18 years of age.

TERMATRONICS CAN PROVIDE YOUR FIRM WITH THE SERVICES OF A COMPANY SECRETARY.

The Company Secretary must be either a:

  1. Singapore resident (a Singapore citizen or permanent resident
  2. Holder of Singapore Employment Pass /EntrePass/Dependant Pass.
  3. He/She must be comprised of with sound knowledge of the Companies Act as well.

SHARE REGISTRATION

  • Maintaining the company's register for all the members;
  • All kind of assistance with the transfers and other matters that may affect shareholdings;
  • Attending to the queries and requests from shareholders.

GENERAL MEETINGS

  • Obtaining internal and external agreements to all documentation for circulation to shareholders;
  • Coordination with the management and attending all the meetings and collection of all the minutes;
  • Ensuring that one should follow the correct procedures.

ACQUISITIONS AND DISPOSALS

  • Participating as a key member of the company team to implement
  • corporate acquisitions and disposals;
  • Protecting the company's interests by ensuring the effectiveness of all kind of documentations and that every due attentiveness disclosures that enable a proper commercial evaluation before the completion of the transaction.
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