Company Secretary in Singapore

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Corporate Secretarial Services in Singapore2021-09-13T14:21:15+08:00

Important of Corporate Secretary: What You Need to Know

  • Companies are required to appoint a company secretary within 6 months from the date of incorporation. (Section 171, 1AA, Companies Act)

  • The role of a company secretary can only be vacant for a maximum period of 6 months.

  • Must be a Singapore Citizen / Permanent Resident, or a Singapore Employment Pass Holder / Singapore Dependent Pass Holder

  • A sole director or shareholder cannot be assigned as a Corporate Secretary

  • A local resident company director can only be appointed as a Corporate Secretary if the company has more than one director

  • A Corporate Secretary is not required for sole proprietorship or limited liability partnership (LLP) business entities

  • A professionally qualified secretary is required for all public companies

  • Private limited companies do not require a professionally qualified secretary

Who is a professionally qualified corporate secretary?

Professionally qualified corporate secretaries must fulfil at least one of the following criteria:

  • 3 – 5 years’ experience as a Company Secretary

  • Qualified person under the Legal Profession Act

  • Public accountant under the Accounts Act

  • Member of the Singapore Institute of Certified Public Accountants

  • Member of the Singapore Association of the Institute of Chartered Secretaries and Administrators (SAICSA)

  • Member of the local branch of Association of International Accountants

  • Member of the Institute of Company Accountants Singapore

FAQs

Why do I want to outsource company secretary services?2021-05-12T17:14:05+08:00

The busiest period for Company Secretary is during AGM and filling of Annual Return about once per year, unless you have multiple amendments throughout the year. Most Small Medium Businesses (SMB) do not have their own in-house Company Secretary as there are not many demands hence outsourcing the requirements.

At Paul Hype Page, we can help you to offload the tedious process with our team of experience company secretaries as and when you require. Contact us to know more.

Can anyone in the company apart from the director or secretary apply for the striking off of the company?2021-05-12T17:12:38+08:00

Only company directors and secretary are eligible to apply for striking off as they are the company officers.

What are the required professional qualifications to be Company Secretary?2021-05-12T17:11:14+08:00

Professional who holds a profession of Lawyer, Accountant, and Chartered secretaries are eligible to apply.

However, it should be noted that merely having ties to an accounting or a law firm does not automatically make one a professionally qualified secretary.

What to consider when hiring a Company Secretary?2021-05-12T17:07:08+08:00

You should look for someone that who is well equipped,

  1. Well versed with Singapore company law – Singapore Companies Act and ACRA
  2. Possess appropriate qualification and experience – Up-to-date towards recent statutory corporate governance and compliance requirements.
  3. Adequate Organization and Administrative Skills – Handling of company’s official documents and registers, filing matters and are responsible to file any statutory changes and updates of changes in capital share structure and many others.
  4. Possess financial analytics skills – It comes handy in supervising the company’s share allotments, reviewing the financial statements and reports, as well as vetting the tax assessments.

To find out more, please refer to here

What is the role of company secretary?2021-05-12T17:06:02+08:00

The role of a company secretary is crucial as they perform important tasks for the company, the directors, and shareholders. They help their companies by ensuring,

  • Fulfilment of all statutory obligations
  • Practice of proper corporate governance
  • Protection of the company’s corporate interests
  • Advise directors on important business matters
  • Provide any necessary practical support

Ocasssionally, they would share relevant information with the company’s directors, assisting them to be more active and engaged during board meetings.

Do non-profit organization need a Company Secretary as well?2021-05-12T17:05:27+08:00

Yes, a company secretary is needed for a non-profit organization.

Is it mandatory for a company in Singapore to appoint a secretary?2021-05-12T17:02:46+08:00

Yes, all companies in Singapore must appoint a company secretary and must be a local resident of Singapore.

What does a Corporate Secretary in Singapore do?

Tips to consider when choosing a company secretary
Filing Requirement to ACRA and IRAS: What all SG Companies Need to Know
Traditional or Digital Bank Singapore
Is a Company owner allowed to Serve as its Company Secretary?

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According to Singapore law, it is mandatory for every Singapore Company to file its Annual Return and Tax Return. Paul Hype Page puts me at ease to ensure my company meets this statutory requirement annually. No missing deadlines or penalties!

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Benefits of Hiring Us

As your appointed nominee company secretary, we are responsible for you. We manage the duties of Outsourced Company Secretary, while you manage your business.

Annual General Meetings (AGM)

Annual General Meetings (AGM)

General Meetings

General Meetings

General Compliance

General Compliance

Statutory Returns

Statutory Returns

Report and Accounts

Report and Accounts

Share Registration

Share Registration

Shareholder Communication

Shareholder Communication

Shareholder Monitoring

Shareholder Monitoring

Share and Capital Issues, Transfers and Restructuring

Share and Capital Issues, Transfers and Restructuring

Company Seal

Company Seal

ACRA Compliance Alert & Reminders

ACRA Compliance Alert & Reminders

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