Many small business owners are perplexed whether or not to appoint Singapore company secretarial services provider to ensure their statutory compliance. Many of them do not have the time to manage it, and some of them do not know-how. You actually get a better deal if you prefer a promo incorporation package at the time of registering a Singapore company. Such a package usually renders multiple services for the price of one.
Outsourcing Corporate Secretarial Services
The easy way out for them to solve the problem is to appoint one of the corporate secretarial services
firm or an in-house secretary. However, hiring a full-time secretary
means providing for the employee salary, benefits, infrastructure,
stationery, etc. Most importantly, the activity does not go away but
makes clamor for your mental space and attention.
Whenever
the deadlines for the filing loom, it could stir and heat up the
workplace environment and cause you to lose your focus on the core goals
of your small business. In addition, your in-house company secretarial services in singapore may require expert assistance for handling complex situations. That is why the trend is in favor of hiring best company secretary singapore.
Corporate Secretary Services in Singapore
If you are going to incorporate a Singapore company, you need to appoint a Singapore company secretarial services providing firm like SBS Consulting Pte Ltd. In fact, you need one to successfully incorporate your company.
The
Singaporean Company Act makes it compulsory for each incorporated
company to hire one within the six months from its registration. You can
expect following services at affordable costs:
• The company’s paper filing
• Online ACRA filing
• Updating BizFile
• Maintaining company register
• Communicating due dates of filing to directors & etc.
• Conveying AGM & taking minutes
• Safe keep of incorporation papers of the company & director’s resolutions
• Maintaining shareholder’s agreements & filed annual financial statements
• Updating ACRA of changes in the officials of the company & change in the company address or name
• Filing amended M&AA or company constitution
• Communicating with shareholders, and allotment of shares
Hiring a Company Secretary in Singapore is an Obligation
Every year ACRA
send summons to thousands of directors and their companies. The primary
reason is their missing on filing accurately or within the due dates.
You may easily guess who these entities are. Most these are small
businesses lacking in experienced assistance.
The big businesses and MNCs have already been outsourcing the task to the Singapore company secretarial services
providers for a long time. They are very big on maintaining their focus
on their core goals. The outsourcing of the non-core task like company
secretary in Singapore to the corporate secretarial services
enables them to maintain a lean profile. It also enables them in doing
away with the distractions that such tasks, when they go wrong, can
cause.
Singapore Company Secretary Communicates with Officials
If
you are a first-time business owner and if you ask around about
importance of a company secretary, then you will get various answers.
One that you may hear is that it is a waste of money. It is a totally
wrong assumption because government agencies like ACRA, IRAS, & MOM
consider a secretary as an important official of the company. It is the
only company official they contact to get or pass any info.
The
corporate secretaries play an important role in the play of
decision-making process in a company. They, in consultation with the CEO
or Chairman, come up with the agenda for the Annual General Meeting and
conveys it. It is an important task, and you need to choose a Singapore company secretarial services providing firm for it.
Contact us:
High Street Center,
#17–02, 1 North Bridge Road,
179094 — Singapore
Phone: +65–6536 0036
Email: info@sbsgroup.com.sg
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