As per the Singapore Companies Act, each company is required to appoint a company secretary within six months of incorporation. This secretary must be either a:
- Singapore Resident (Citizen or PR) OR
- Holder of an Employment Pass/EntrePass/Dependent Pass.
Role of a Corporate Secretary
A secretary, as per ACRA, holds the following responsibilities in your business:
- Maintain the company statutory registers and records.
- Arrange for shareholder and director meetings.
- Lodge and file in time all necessary documents required by law.
- Provide administrative support in preparation of meetings.
- Provide comprehensive legal and administrative support to the board.
- Assist in the implementation of corporate strategies by ensuring that the board’s decisions are properly carried out and communicated.
- Ensure that the company meets all its legal obligations.
- Stay updated on relevant developments and changes in statutory and regulatory obligations.
- Communicate adequately with shareholders.
A corporate secretary plays an important role in your business in terms of administrative requirements and compliance with other relevant regulations. CorpServe Asia can provide experienced professionals for your business to be your corporate secretarial and carry out all the responsibilities as mentioned above.