Corporate Secretarial Services Add to Owner’s Effectiveness
A company secretary sees to it that prescribed procedures are used to fulfill your company’s obligations relating to corporate governance. The corporate secretarial services in Singapore employs qualified and experienced secretaries. They make sure that your business’s compliance follows the legal framework that applies to your business activities.
The secretary is also tasked with taking stock of the situation on a regular basis, implement the latest changes in the legislation, and efficiently administer the company’s affairs. However, it is a non-core function and is better left to company secretarial services.
The secretaries strictly adhere to the board procedures in place. They monitor, study, and suggest improvements to increase the effectiveness of the company’s corporate governance policies. They coordinate with the shareholders of the company and answers their queries. They also honor the due dates by circulating the notice for meetings after consulting other stakeholders.
Investing in a Company Secretarial Services Provider
Now the question is, “Do you need to hire company secretarial services provider, or you can get by, by hiring an in-house secretary or by doing the task yourself?
The general thinking is that the CEOs & managers do well because they get to sit in a revolving chair in their AC office? Well, they worry about how to increase the sale, revenue, and profit of the business. They are the decision makers and likes to concentrate fully on the core-goals of their business. The decision makers don’t want anything to disturb them, and that is exactly what the non-core functions like company secretary does.
The responsibility of the company’s statutory compliance lies with the directors of the company. And, only a few of them can focus on the compliance and survival & growth of the company at the same time. That is why outsourcing these functions to a corporate secretarial services provider proves to be a good idea.
Outsource Your Corporate Secretary Services
The market trend is to appoint a competent company secretary services provider. These firms dedicate a qualified secretary to their client. These professionals use their industry-wide experience to straighten out their clients’ compliance. They are aware of the latest changes in their field and are fully capable of handling even the tiniest issues. It simply reduces the number of issues a manager has to handle in the workplace.
As per the Company Law of Singapore, it is mandatory for each company to employ a company secretary within the six months of its registration. Well, you may choose to DIY the task, appoint a permanent in-house secretary or hire a full-blown company secretarial services provider. Whatever the case, you cannot just shy out of the responsibility of appointing a secretary.
Leaving the experts from the corporate secretarial services to deal with your business’ filing statutory returns accurately is worth their fees. It gives you enough mental space to deal with the core functions of the business that will increase your reach, profitability and brand image.
Contact Info:
SBS Consulting Pte Ltd
High Street Centre,
#17–02, 1 North Bridge Road,
Singapore
179094 — Singapore
Phone: +65–6536 0036
Email: info@sbsgroup.com.sg
