According to Singapore's policy , Singaporean companies must appoint at least one business secretary within the first 6 months of registration; And if the company only has one director, that director cannot also serve as the business secretary.
So what role does a secretary play in a company? What responsibilities do we need to fulfill again?
The Role of a Secretary
1. Maintain relationships with shareholders or other regulatory agencies
2. Properly store and correctly use the company seal
3. Provide recommendations based on company regulations to implement good governance practices.
Other Responsibilities that May be Specified in the Secretary's Employment Contract
Submit and update the following content to ACRA:
1. Submit annual accounts and any other requirements
2. Any details and identity of the company or director
3. Change and modify the company's articles of association
4. Share transfer
Maintain and update files, such as:
1. Legal register of the company
2. Meeting minutes
3. Annual report and company accounts
Organize board meetings and annual shareholder meetings:
1. Prepare notifications and agendas
2. Take meeting minutes
3. Distribute reports
Skyline Business Consulting was established in 2013. We have over ten years of experience in accounting and secretarial services in Singapore, and can provide you with professional secretarial services. If you need company secretarial services, you can contact us through the following ways: