The primary role of a secretary is to keep the company in compliance with the policies set by the Accounting and Corporate Regulatory Authority (ACRA) and the Singapore Companies Act.
It is a requirement for Singapore companies to appoint a secretary within 6 months after its incorporation. The primary role of a secretary is to keep the company in compliance with the policies set by the Accounting and Corporate Regulatory Authority (ACRA) and the Singapore Companies Act. Within the firm, the secretary takes on the advisory role.
According to ACRA, a company secretary should be the following:
- A natural person
- A local resident in Singapore
The sole director of the company is disqualified from filling this role. Furthermore, this role must not remain vacant for more than six months.
CorpXervices Helps You with Your Corporate Secretarial Needs
We help companies run smooth business operations. Backed by our decades of experience, we will cover all concerns relating to compliance and statutory requirements. We have comprehensive knowledge and understanding of the individual needs of the company. Let us fill this role for you and assist you with the following tasks:
- Incorporation requirements and processes
- Preparation and minutes for board meetings and AGMs
- Company constitution
- Maintenance and updates of statutory registers and books
- Filing of legal documents
- Preparation of financial statements and other financial duties
- Advisory regarding compliance
- Storage and use of company seal
Hire CorpXervices Today
Our professionals will ensure that your company is updated, all requirements are fulfilled, and all documents are completed and submitted on time. The growth of your company is our top priority, which is essentially why we deliver in an efficient manner. Regardless of the ever-changing policies, we ensure you that your company is protected from unnecessary expenses caused by fines and penalties.
We aim to make your business thrive. We suggest practical and organised approaches to every issue that the company faces.