Read These Facts Before Hiring Corporate Secretarial Services Singapore
Have you recently incorporated any company in Singapore? Or, planning to register a company? No matter what, make sure to hire a company secretary within six months of incorporation. It is a mandatory requirement as per the rules stated in Singapore Companies Act, Cap 50. Many entrepreneurs are turning to professional corporate secretarial services Singapore as the outsourcing has continuously proven its effective results.
When you decide to hire one of the company secretarial services Singapore, you must make sure to consider a few important facts as stated below.
Company Secretary: One of the Key Pillars of Your Organization
As stated in the above, hiring a qualified company secretary in every Singapore-incorporated company is mandatory as per the law. Apart from fulfilling the compliance requirements, a secretary plays a significant role in an organization. He/she is accountable for fiduciary responsibilities of the company. Just like other important officials such as directors and shareholders, the company secretary is one of the key pillars of an organization.
How Company Secretarial Services Singapore Help You Remain Compliant?
The experts of professional corporate secretarial services Singapore take good care of all your administrative and legal compliance. They are well versed with the laws and regulations of the local jurisdiction. The secretary will make sure not to violate any law. They are highly experienced, trained and thus, know how to comply with government regulations.
Promote Corporate Governance within the Organization
Implementation of corporate governance is essential. The company secretary of an organization is responsible for ensuring that the board and management work with the existing legal codes and comply with the Memorandum & Articles of Association. The corporate governance ensures that management runs the business efficiently and take care of interests of the stakeholders of the company. It improves capital efficiency of the company.
Hire the Right Corporate Secretarial Service Singapore
Do not just hire any company secretarial services Singapore, be sure to get the best one. Before hiring the final firm, make precise to check the credentials, background, reputation of the firm. Last but not the least, you must check whether the price of the package they are offering will suit your budget or not.
It is notable that only a Singapore local resident is allowed to become a company secretary in the jurisdiction. He can either be Singapore citizen, PR or holder of Employment Pass (EP). If the requirement is meant for a private limited company, he/must have sound knowledge of Singapore Companies Act. A sole director and shareholder cannot act as a company secretary in Singapore.
Outsource to the corporate secretarial services Singapore only after considering above-stated factors. By doing so, you will be able to hire the best firm your requirements.
Contact us:
SBS Consulting Pte Ltd
https://www.sbsgroup.com.sg/
High Street Centre,
#17–02, 1 North Bridge Road,
179094 — Singapore
Phone: (65) 6536 0036
Email: info@sbsgroup.com.sg
