As a company is established in Singapore, you have to appoint a company secretary within six months of its establishment. This is a law in Singapore for the establishment of any company. Therefore, there is a rising requirement for corporate secretarial services in Singapore.
A corporate secretary or a company secretary is a necessary body in your company according to Singapore law. This professional ensures that certain laws and rules are applied and followed in the company. These rules are laid out by IRAS and ACRA.
What are the responsibilities of a company secretary?
There are individual corporate secretary professionals that the companies can hire. Additionally, you can also lookup company secretary/corporate secretary services in Singapore. They can help you find the right professional according to your requirements.
But a company secretary can help you with the following duties and roles in your company:
- The company functions effortlessly while following all the rules enforced in Singapore.
- The company secretary service also ensures that no rules and laws within the company are violated in any case.
- Filing the alterations in the company information like addresses, and share transfer. It also includes updates in the company’s constitution to ACRA within the given timeframe.
- Preparation to file the yearly return with ACRA.
- Making sure that insurance cover is sufficient enough to cover all the employees in the company.
- To be the point of contact for shareholders and maintaining communication at regular intervals.
The company secretary communicates directly with ACRA regarding the internal functions of the company. This is the reason why a company secretary plays an important role in any company.
Types of corporate secretary services
To better understand which services does your company require, it is necessary to understand the types of services that are available. Bestar Services offers various company secretarial services in Singapore for changing needs. Our company has highly experienced professionals with an excellent track record.
We provide the following range of services according to your company requirements:
- Management of activities within the company
- Making sure that all the rules are strictly followed
- Conducting board meetings and general meetings
- Shares management within the company.
Apart from the aforementioned services, we also maintain the vital documentation of the company. Our documentation maintenance includes:
- Maintenance of minute books and statutory registration books.
- Transfer of shares, managers, directors, board members, secretaries and audit professionals.
- Preparing and filing the director-report.
- Assessment of developing corporate governance.
- Providing assistance to directors in accordance with their roles and responsibilities.
Why should you outsource corporate secretarial services for your company?
ACRA lays out all the rules and compliances that the company is required to follow strictly. Outsourcing company secretary services can reduce a lot of stress and take away burden from company’s shoulders.
Having a professional company secretary in Singapore can increase lot of cost in the company’s accounts. Also, it can take up a lot of time to find and hire one. It is difficult to maintain a company in Singapore and may take up a lot of time from entrepreneur’s schedule.
Therefore, it is advisable to outsource secretary services in Singapore. Bestar makes sure that you receive the right corporate secretarial services in Singapore.
Bestar Services is a registered company secretary service provider in Singapore. The role of a company secretary is extremely crucial for a company. The right professional can steer the company towards the right direction. It also helps the company with all the paperwork thereby reducing a lot of burden. This way, the company can focus heavily on its business goals.
Why choose Bestar Services?
Bestar Services is a known name in the field of corporate secretarial services in Singapore. We have extensive experience in the field of corporate secretarial services.
Our team of corporate secretary services has worked with various companies in Singapore to ensure that they function smoothly. Clients have been working with us for a long time for the following reasons:
- Boosts your entrepreneurial journey in Singapore:
We have all the information and updates about the latest corporate secretarial services in Singapore. Our focus efforts make your journey towards a successful business, a smooth road.
- We welcome you with open arms:
We work as a family with our clients. Therefore, you are welcome anytime to discuss the company’s concerns.
- A one-stop solution:
With our experience, we ensure that our corporate secretarial services help you run your business smoothly. Meantime, we take care of all the paperwork.
- We work as your own library:
We have a massive online library that you can access anytime from any location whatsoever! Working with us bring you an added advantage.
- Membership of national accounting body:
If we say we are members of national accounting body, you can rest assured that your business is in safe hands.
Wrapping it up:
A company secretary or a corporate secretary plays an important role behind the success of a company in Singapore. Therefore, there is a rising requirement for outsourcing corporate secretarial services in Singapore-based companies. In this article we saw how outsourcing corporate secretarial services can help you focus on your business goals, both long term and short term. Bestar services has been into business for a long time. We know all the ins and outs of the journey from start to finish.
We provide all corporate secretarial services in Singapore according to your company requirements. Our team is responsible for driving companies towards success.
Looking to hire cost-friendly corporate secretarial services for your company in Singapore? Book a consultation now.
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