CORPORATE SECRETARIAL SERVICES
Why is Corporate Secretarial Services Necessary in Singapore?
As per Section 171 of the Companies Act, Chapter 50 in Singapore, every company is mandated to appoint a company secretary to manage ongoing statutory compliance matters. In addition to fulfilling this regulatory requirement, a corporate secretary adds value by serving as the primary entity responsible for administrative functions and documentation work, it is mandatory for a company to adhere to this requirement.
ACRA (Accounting and Corporate Regulatory Authority) strictly emphasizes the importance of appointing a company secretary or engaging a corporate secretarial services provider in Singapore within six months of company incorporation.
Value for Money Company Secretarial Services in Singapore
Our team of skilled professionals add significant value to your company through our widely accessible corporate secretarial services in Singapore. Our annual fee of S$500 offers exceptional value-for-money, given the competitive nature of the industry. Our corporate secretary services are of the highest quality and unparalleled in Singapore, with transparent pricing and no hidden fees or unethical practices.
What is corporate secretary services?
We recognize the unique needs of our clients and highly value their business missions, As such, we offer a comprehensive range of corporate secretarial services in Singapore, including:
- Disbursement to ACRA for Appointment of Named Secretary
- Provision of a Corporate Secretary / Secretarial Agent for your company in Singapore
- Company Share Certificate
- First Board Meeting Resolutions
- Facilitating the opening of a Bank Account
- Maintenance of Statutory Registers and Minute Books
- Maintenance of Register of Registrable Controllers & Nominee Directors (ACRA requirements as of May 2017)
- Preparations of Minutes for AGM
- Drafting of Director’s Resolutions (Chargeable depending on the complexity of the resolution requested)
- Unlimited Professional Consultation on Company Secretarial Issues
- Free Courier Service for Signing of Corporate Secretary Documents
- Timely Updates on Developments in Compliance Regulations
- Auto Filing Reminders
- Exclusive Relationship Manager attached to each company
Our expansive list of services is designed to cater to all your corporate secretarial needs, with a dedicated Relationship Manager assigned to each company to ensure personalised and efficient service delivery.
Documents Required
When you engage our corporate secretarial services in Singapore and appoint us as your Company Secretary, the following documents will be required:
- Business Profile of Company (Provided by ACRA)
- Photocopy of Identification (NRIC / Passport) of all Directors and Shareholders
- Memorandum and Articles of Association
You can submit these documents through our systems, and once received, we will proceed with drafting the necessary resolutions to formally appoint us as your Company Secretary for your business in Singapore.
Once the paperwork is prepared, you can sign the documents at your preferred time to complete the official appointment process.
Frequently Asked Questions & Answers
1. What are the additional duties of a corporate secretary in Singapore?
The role of a corporate secretary primarily involves administrative duties and statutory obligations, including maintaining and updating a company’s statutory registers, ensuring compliance with its constitution, and proper preparation and filing of accounts. However, a company secretary also plays various other roles within the organization, ranging from administrative to advisory to fiduciary roles, with responsibilities that extend beyond the core duties. Therefore, it is crucial to appoint the right person when incorporating your business in Singapore. Alternatively, you may choose to engage a professional services firm to fulfil this essential role.
2. Can I change my company secretary in Singapore?
If a company decides to change its corporate secretary, there are several steps to follow. First, the new secretary should sign FORM 45B. The Consent to Act as Secretary, to confirm their consent to taking on the role. Next, Directors’ Resolutions in Writing (DRIM) should be drafted to officially record the resignation of the former corporate secretary and the appointment of the new one, along with a resignation letter from the previous secretary. Finally, a lodgement must be prepared and submitted to ACRA to inform them of the resignation and appointment of the new corporate secretary.
3. Should I engage a professional corporate secretary service?
Outsourcing corporate secretarial functions is a popular choice among businesses due to its cost-effectiveness and convenience. At Pace, our team of experts can handle your company’s corporate secretarial services including additional complementary services such as professional consultation on company secretary issues and auto filing reminders. This helps ensure compliance with regulatory requirements as ACRA often issues summons to companies that fail to comply with statutory obligations under the Companies Act.
LET OUR TEAM BE YOUR TRUSTED PARTNERS
Engage us as your Singapore Corporate Secretary for an annual fee of just S$500SIGN US UP AS YOUR CORPORATE SECRETARY TODAY!NEED HELP TO CLOSE OR STRIKE-OFF A SG COMPANY?
Our professional services include assisting with the closing or striking off of local companies in Singapore, in collaboration with the Accounting and Corporate Regulatory Authority (ACRA) and other relevant government agencies. Our competitive pricing starts from just S$600!REQUEST FOR A CALLBACKLET OUR TEAM BE YOUR TRUSTED PARTNER
Engage us as your Singapore Corporate Secretary for an annual fee of just S$500
NEED HELP TO CLOSE OR STRIKE-OFF A SG COMPANY?
Our professional services include assisting with the closing or striking off of local companies in Singapore, in collaboration with the Accounting and Corporate Regulatory Authority (ACRA) and other relevant government agencies. Our competitive pricing starts from just S$600!
