Company secretaries play a significant part in the management of a business. They also keep supervisors and shareholders well notified of their statutory responsibilities.
These responsibilities cover but aren't limited to the yearly filing of reports and the convening of AGMs. To know about corporate secretarial services you can visit https://emerhub.com/corporate-secretarial/
Image source google
Current companies hire corporate secretarial co-operations for your undertaking.
Responsibilities Handled by Business Secretarial Services
Management of Stocks
A Corporate Secretary Can Keep You Out of Trouble
The company owners are extremely right in appointing an experienced company secretarial services provider as the regulations becoming complicated.
Annually, ACRA sends out thousands of summonses to companies and their directors for non-compliance with the Companies Act. The most cited reason is ignorance or lack of awareness about the regulations.
If you believe, these criminals had qualified corporate secretarial services suppliers to care for their interests but still got caught; then you're living in a Fool's Paradise. These are the things who had not invested in this type of professional.
A secretary isn't an idle position. In actuality, regulating agencies such as ACRA and IRAS believe them the Offers of the companies and equivalent among the business, directors, shareholders, and auditors.
Appointing a Secretary is an Obligation
Appointing a corporate secretary in Singapore is an investment. Additionally, the Companies Act needs it within six months from the expiry date of your organization. There's a reason for ACRA's insistence on appointing such an expert.