Company Secretary and Corporate Secretarial ServicesFiling and registering your business in Singapore can sure be a hectic task that involves a lot of steps, unless you partner with a corporate secretarial services firm. We have been in the business for almost 4 years now, offering virtual office services in Singapore and other admin tasks. Due to the our clients demand we have launched our own corporate secretarial services. Currently having a clientele base of around 2000 and growing, we ensure that as your company secretary, you get to do more things at hand that needed to be prioritized. Our corporate secretarial services is all you need to easily get your business setup in Singapore. What’s included in our corporate secretarial services? Tell us what you need and we’ll create an affordable custom package for you. Contact us here.
A Guide to Choosing a Company SecretaryIf you were planning to build a business in Singapore, perhaps you already have some details at hand. Otherwise, you can read our complete guide on company registration and company incorporation in Singapore. Registering and incorporating your company in Singapore can be a both exhausting and daunting task without the help of a company secretary. A lot of businesses often made mistakes by having a do-it-yourself business registration, thus resulting to making a lot of errors during the whole process. This delays the business registration which results to the business operation being halted early.
What Makes Us the Best?
Years in the Business
We have been in the business since 2013.
We make sure that we prioritize your business interest at all times.
Top Notch Provider
We are the most reliable provider in this industry.
We make sure that your concerns are addressed immediately.
Because you have more things at hand that needs priority.
We keep our costs low and we share them with you.
Guide to Choosing a Company Secretary
Seasoned business owners avoid the mistakes of not hiring a company secretary. This guide will take you to an overview of what is a company secretary and at will discuss the reasons you will need corporate secretarial services in Singapore.
What Is a Company Secretary?
According to Singapore Companies Act, newly incorporated businesses in Singapore must employ a company secretary within 6 months. They served as an officer of your company, making sure that it operates within the policies stipulated by government agencies such as IRAS and ACRA. This can be done through a corporate secretarial services firm. If you need to outsource, there are a lot of firms that offer efficient corporate secretarial services. Outsourcing Corporate Secretarial Services in Singapore? We can do it.
Who Can Act as a Company Secretary
As a rule of thumb, any Singapore resident can be a company secretary as long as they have the “requisite knowledge and experience to discharge the functions of secretary of the company,[source]” but are also not limited to the following:
- Any person who has been issued with E-Pass or dependent pass
- A director can also be a company secretary (Unless he/she is the sole director of the company)
- Firm offering corporate secretarial services
To know more about the details about having a company secretary, you can view this Singapore Companies Act, Section 171.
Qualifications of a Company Secretary
Though the rules for those who can act as a company secretary for a business in Singapore, there are some qualifications which they needed to have at least one, which includes the following: They should have previous experience as a company secretary of a company for at least 3 to 5 years prior to their appointment as company secretary of your company.
- A qualified person in accordance with the Legal Profession Act[source]
- A a certified public accountant
- A member of Institute of Certified Public Accountants in Singapore
- A member of the Singapore Association of the Institute of Chartered Secretaries and Administrators
- A member of the Institute of Company Accountants, Singapore
We’re a qualified corporate secretarial services firm. Contact us today.
Why Do you Need a Company Secretary
As per Singapore Companies Act, businesses registering in Singapore must have a company secretary within 6 months[source]. Having a company secretary can entail some huge benefits for you and your company, and hiring a firm that provides corporate secretarial services can increase this benefit exponentially. As a business owner, you may want to scale up your business the soonest thus availing corporate secretarial services can be one of your best options. You can do a quick search online for these services, though we can also offer these through our newly launched corporate secretarial services package. We just launched our corporate secretarial services. Know more about it.
Roles of a Company Secretary
A company secretary is bound to have a huge role in the company specifically ensure the following:
- All obligations are met as per the statutory policies are concerned
- Primary protection of business interest among others
- A company secretary must properly execute good governance
- Must be always present at the company’s official business address
- Must serve as a good advisor
- Provide practical support if needed
- A company secretary must provide a timely information for directors to contribute fully during meetings with the board
- Regular communication with shareholders and making sure that their interests are of high priority
- Dissemination of financial statements in a timely manner
**These roles also apply for firms providing corporate secretarial services. As per ACRA, here are some of the key roles of a company secretary:
- Responsibilities of a Company Secretary
- Filing and Follow- up with ACRA
- Maintenance and Keeping of Statutory Registers
- Board Meeting Preparation
- Other Miscellaneous Services
**These roles also apply for firms providing corporate secretarial services.
DIY Company Secretary Versus Outsourcing from a Corporate Secretarial Services Firm
Of course, as per the policies stated above, any company can have their own company secretary, of which they will held the sole liable for all any mistakes done during the business registration process. Online filing with ACRA can be a daunting task and it is not easy, unless you work with a corporate secretarial services company. Partnering with a firm that offers corporate secretarial services is the best option if you want to have your filing smoothly. Besides, a firm that offer these corporate secretarial services already has the professional capacity and insider industry knowledge to know the ins and outs of company registration. Sure, you can always do the online filing yourself, but nothing can still beat a professional corporate secretarial services firm. Outsourcing Corporate Secretarial Services in Singapore? We can do it.
Reason to Choose us
There are a lot of firms online that offer corporate secretarial services. Each of them promise to be the best in providing company secretary service. What sets us apart is our ability to provide the best corporate secretarial services while keeping the cost at a minimum. As a company, VOffice started offering virtual office business address service in 2013. With a customer-centric approach, the company was able to hold a clientele of 2,000 accounts(still growing as of this date). The company has seen the demand for corporate secretarial services and decided to provide it. We have been keeping all our costs low and we pass this to our clients so that they can enjoy the huge benefits of an affordable package. We intend to keep this practice in our corporate secretarial services. We are not a new in the business registration industry, in fact we have been in it ever since, thus giving us more reason to launch this corporate secretarial services. As such, as your corporate secretarial services provider, these are the things that make us standout among other firms:
- Years in the business
- Top-notch corporate secretarial services
- Insider knowledge
- Knows the ins and outs of company registration
- Customer-centric approach, making sure that you are the priority
- Cheap prices
- Custom corporate secretarial services package