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Showing posts with the label Company secretarial service

Common Misconceptions About Corporate Secretarial Services in Singapore

  Every country has its flavour of statutory regulations. Singapore is no exception. You have to comply with these to incorporate a Singapore company or run an existing one. The providers of company secretarial services like SBS Consulting render expert assistance for the same. As per the Accounting and Corporate Regulatory Agency (ACRA), it is mandatory to appoint at least one company secretary Singapore at the time of registering your company. These professionals work as the chief compliance officer of your company. Why Do You Need a  Company Secretary? Company secretaries interface with the regulating agencies. They ensure that the company discharges its statutory obligations within the prescribed due dates. They assist in running the company as per its constitution. It is such a vital role that no company may work without a competent corporate secretary to guide it. They ensure that vital information reaches directors, managers, staff and shareholders. They also bring posi...

Debunking a Few Myths about Company Secretarial Services Singapore

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It is not a hidden fact that a well-qualified company secretary is capable of promoting good corporate governance within an organization. However, everyone seldom revered the jobs and responsibilities performed by a secretary for a company. A commonly asked question when it comes to hiring  Company Secretarial Services is -“What does a corporate secretary do?”. Although the job of a company secretary is honorable and dynamic, there are a few myths or misconceptions do exist among business owners. Role of Company Secretary in Company Incorporation Singapore Before diving a little deeper into the myths of company secretary, let us discuss brief details of the role of secretarial services in  company incorporation Singapore Technically, the process of company registration in Singapore could not be completed without hiring a qualified company secretary. As per the law, a newly incorporated company must appoint the secretary within six months from the date of incorporation....

Why Do You Need a Company Secretarial Service Provider?

  The companies need to be careful with their statutory compliance. They also need to interact with the regulating authorities. It is the reason why companies hire a company secretary or outsource the task to a reliable provider of corporate secretarial services in Singapore. A company secretary acts as the chief compliance officer of the company and ensures the smooth functioning of the board procedures. Today, many companies appoint firms specializing in company secretarial services to take care of their compliance. It is a task for specialists. Company Secretarial Service Provider Takes Care of ·          The experts keep track of deadlines for filing various documents and coordinate efforts with the department heads. ·          They also take care of ACRA compliance alerts & reminders ·          They see to the filing of annual return ·  ...