What is the role of a corporate secretary?
A corporate secretary is responsible for ensuring that a business complies with legal requirements and maintains accurate company records. This includes reporting changes to the company's statutory details and books, filing returns, and keeping records up to date.
Why is a corporate secretary important for a company?
In Singapore, every company is required by law to appoint a corporate secretary. They play a crucial role in reporting on statutory changes to company details, handling important administrative tasks, and helping business owners understand their obligations.
Choose us as your secretary
Singaporery offers outsourced corporate secretarial services to make life easier for entrepreneurs. Our team of Singapore-based company secretaries ensures that your business stays organized and meets all filing deadlines. They are also available to answer any questions you may have. Switching to Singaporery is a hassle-free process.
Secretary Service
for one year
- Annual General Meeting preparation
- Routine Annual filing
- Personal support by your Corporate Secretary via chat
- Reminders on filing deadlines
- Full service for 1 year
- S$60 government fees included
- Allotment of shares
- and more
Depend on complexity
S$????
Contact us to find out more
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Frequently asked questions
A company secretary is a mandatory role in every Singapore company that ensures the company's paperwork is in order, filed on time, and compliant with legal requirements. The job requires various certifications and significant responsibilities.
Yes, according to Singapore Company Law, every company must appoint a corporate secretary. They are crucial for reporting statutory changes to the company details, managing essential admin tasks, and helping business owners understand their obligations.
No, the Accounting and Corporate Regulatory Authority mandates every Singapore business to hire a corporate secretary within the first six months of incorporation. The position cannot remain vacant for more than six months, and the secretary must be a Singapore resident.
A company secretary in Singapore creates documentation for the Annual General Meeting (AGM), ensures accurate and timely filing of Annual Returns, and assists with various corporate actions such as changing directors, transferring shares, and updating company details.
To become a company secretary in Singapore, you must have a recognized professional qualification, such as the Institute of Chartered Secretaries and Administrators (ICSA) or Association of International Accountants (AIA). Additionally, you should have strong communication, organizational, and analytical skills, as well as a good understanding of Singapore's legal and regulatory framework related to corporate governance and compliance
Yes, if you have all the qualifications and five years of experience as a Corporate Secretary and are a Singapore citizen, permanent resident, or an EntrePass holder. However, you cannot be both the only director and the Corporate Secretary.
Yes, all companies in Singapore must have a corporate secretary. However, only large companies require an in-house secretary, so outsourcing corporate secretarial services from companies like Singaporery makes sense for small businesses.
In Singapore, the terms company secretary and corporate secretary are interchangeable and have the same meaning. Both play an essential role in the efficient management of a company through compliance with the law.