Engage the Corporate Secretarial Services Singapore

You must be wondering how corporate secretarial services Singapore help stakeholders in operating their business? A company has to fight on two fronts; A) Statutory compliance mandated by the governing bodies operating in Singapore, and, B) Competition in the market.

Company Secretarial Services Singapore Free Your Management

The company’s management deals with its survival and growth. They have to keep a keen eye on the market trends, competitors, and what their customers need. They also need to maintain the quality of the company’s products and services and update them as and when it is required. It is a tough task that needs their complete attention and time. It means the companies must appoint the experienced professionals to see to their compliance. It is where company secretarial services in Singapore come into the picture.

secretarial services Singapore

Company Secretary is a Key Position

As per the Company Law of Singapore, every incorporated company has to appoint a corporate secretary within the six months of its registration. The appointee must be a Singapore resident, EntrePass or an Employment Pass holder. The local director can be a company secretary but not when he is the sole director of company.

The corporate secretary is a key position in any company. Those from the secretarial services Singapore take charge of administrative and reporting functions of their client company. They also provide updated info to directors about the deadlines and any changes in rules and regulations.

  • They inform & assist the directors in discharging the statutory and compliance requirements of the company as within the deadlines. They always act to protect the business interests of their client company.

  • The company secretarial services Singapore assist the directors and render practical support & share timely information and enable them to contribute their best during the board meetings.

  • They regularly communicate with the company’s shareholders and take steps to protect their interests. They also communicate financial statements to the shareholders enabling them to play a decisive role in decision making at the AGM.

Tasks Handled by the Secretarial Services Singapore

The experts from the corporate secretarial services Singapore performs several duties for their clients:

  • They file their clients’ annual accounts with ACRA

  • Maintain the statutory registers

  • Send notice of share transfers

  • Changes to M&AA

  • Informs ACRA about the changes in the company’s officials and that in the registered office address of the client’s company

  • Organize AGM, EGM, and shareholder & board meetings as per the rules to facilitate decision making process

  • Ensure that the company and its directors are following Memorandum & Articles of Association

  • Handles share allotments, issues & transfers and queries from shareholders

  • Communicate and inform non-executive company directors

  • Assist directors with good corporate governance practices

  • Safe custody of company seal

  • Ensure that company’s business letters, notices & other official publications carry its name & Unique Entity Number

The corporate secretarial services in Singapore employ highly qualified and experienced professionals. Their specialty comes handy when the stakeholders are thinking about acquisitions, restructuring, mergers, and amalgamations. Whatever the case, their work related to company’s statutory compliance, corporate governance, and non-routine tasks gives the management an opportunity to work without disturbance towards achieving the core-goals.

 

Contact us:
SBS Consulting Pte Ltd
Visit: https://www.sbsgroup.com.sg/
High Street Center,
#17-02, 1 North Bridge Road,
179094 - Singapore
Phone: +65-6536 0036
Email: info@sbsgroup.com.sg