Company Secretary (Statutory Secretary)

Singapore Company Secretary Introduction

When registering a company in Singapore, appointing a company secretary is an essential legal requirement. According to the regulations of Singapore's Accounting and Corporate Regulatory Authority (ACRA), every company must appoint a company secretary, also known as a statutory secretary, within six months of its incorporation. The company secretary is not only the company's compliance officer but also bears the important responsibility of ensuring that board members understand and fulfill their legal obligations and corporate governance responsibilities.

Qualification Requirements for Company Secretary

1. Must be a natural person.
2. Must be a Singapore resident.
3. Must possess relevant experience, academic and professional qualifications.
4. Must not have any disqualification orders from ACRA.
5. Cannot be the sole director of the company.

Importance of Company Secretary

The company secretary plays a crucial role in ensuring the company's legal compliance and efficient operation. Any lapses in legal compliance can lead to serious consequences, including fines, imprisonment, and removal from director or secretary positions. Therefore, it is vital to choose a professional and reliable company secretary service provider.

Main Responsibilities of Company Secretary

1. Maintain Legal Registration and Regulatory Compliance: Update company registration information and ensure timely submission of necessary documents to ACRA.
2. Custody of Company Seal: Ensure the safe custody and proper use of the company seal.
3. Meeting Notices and Agendas: Organize and prepare meetings to ensure smooth conduct of board and shareholder meetings.
4. Compliance with Company Constitution: Ensure that the company and directors always comply with the terms of the company constitution.
5. Prepare Accounts: Assist in publishing and distributing company annual reports in compliance with the Companies Act requirements.
6. Submit Statutory Forms: Submit required declarations and forms to the registry within specified deadlines.
7. Ensure Company Insurance: Ensure the company and its relevant personnel have appropriate insurance coverage.
8. Shareholder and Company Communication: Handle communications between shareholders and the company, ensuring shareholder interests are fully considered.

Why Choose Our Company Secretary Service?

Choose our Singapore company secretary service to keep your company compliant after incorporation. Don't worry about violations or missing important deadlines - let us be your compliance guide to stay aligned with ACRA regulations.

A reliable and efficient company secretary is vital for the smooth operation and compliance of any business in Singapore. At Linkda Consulting, we understand the importance of this role and provide first-class company secretary services tailored to your specific needs. Our team consists of experienced professionals committed to providing comprehensive support to ensure your company complies with all regulatory requirements.