Corporate Secretarial Services Singapore

secretarial company, corporate secretarial, corporate secretary singapore

SBS Consulting offer corporate secretarial services, company secretarial services, corporate secretary, company secretary Singapore for past several years. As one of the prudent corporate secretarial Singapore services, SBS takes pride in assisting its clients in being compliant. Company secretarial services Singapore offered by us are top notch, cost competitive and much appreciated for their timeliness.

A leading company secretarial service informs that, “According to Chapter 50 of the Singapore Companies Act, within six months of formation of a Singapore company, the new business is required to hire a company secretary.” The company secretary will hold the position of the head administrative officer. He/she will be responsible for the smooth running of the legal, as well as, board procedures of the company. He/she will make sure that there is no breach of the rules and regulations. Alternatively, a company can hire one of the efficient Singapore corporate secretarial services.

Why Our Clients Appoint us as Their nominee corporate secretarial services in Singapore?

  • We are a company secretarial service residing locally in Singapore.
  • We have a large base of satisfied clients who does the mouth publicity for our corporate secretarial services in Singapore.
  • As your nominee Company Secretary, we take great care while discharging the related responsibilities.
  • For the clients, incorporating their companies with us, our Singapore company secretarial services cost only, S$499 for the first year.
  • Appointing us as your company secretarial services in Singapore, gives you 24/7 access to your Virtual Secretarial register book, Annual General Meeting documents, board resolutions and minutes.

SBS Consulting is offering competent corporate secretarial services in Singapore for the past several years. We provide you with a qualified, trained, and experienced company secretary Singapore to assist in your organizational functions with minimum fuss. Our corporate secretarial services are comprehensive and cost-effective. Our company secretarial services Singapore are suitable for both local and multinational organizations irrespective of the size. We offer unprecedented secretarial company services to a varied range of sectors.

Importance of Corporate secretary in Singapore

Corporate secretarial services Singapore is gaining popularity because corporate compliance is a complex factor and a tad too, intricate to be handled without proper experience and training. ACRA (Accounting and Corporate Regulatory Authority) is the body that governs reporting compliances in Singapore. If ACRA does not receive the company’s annual reports on time, they contact the company secretary or the nominated corporate secretarial service to act in this capacity. Such is the importance of the company secretary. Foreign entrepreneurs and corporate benefits by hiring one of the experienced corporate secretarial services Singapore. Singaporean entrepreneurs and companies also find that appointing a competent corporate secretarial service is an easy way of simplifying administrative tasks. Singapore company secretarial services assist in error-free statutory compliance.

We at SBS Consulting, as a part of our company secretarial services Singapore, provide you with a competent staff who would carry out all the nuances in an efficient manner. In addition, our highly skilled and trained corporate secretarial services team advises the clients on statutory compliance needs and corporate governance matters.

As one of the competent secretarial services in Singapore, SBS Consulting offers integrated corporate secretarial service solutions to its clients, freeing up time for you to focus on your core business activities. With company secretarial services of SBS, you can rest assured that both routine and extraordinary matters of your company are performed in a specialized and effective manner. Though, as a nominee corporate secretary services provider, we share the least of responsibility with the other stakeholders, we stick to our responsibilities towards our client.

SBS Consulting’s Corporate Secretarial Services

Management of Shares

  • One of the prime responsibilities of corporate secretary services is to give proper attention to the share and capital issues
  • Transfers and restructuring
  • Share allotments
  • Share reduction
  • Implementing structure changes of the company’s share and loan capital
  • Our experts offering company secretarial service implement and administer share participation schemes related to directors and employees
  • Share registration and maintaining company’s members register
  • Entertaining queries and requests of shareholders
  • Communicating with shareholders and paying dividends and interests are also responsibilities of the professionals appointed by the company secretary services to act as company secretary

Rule Reminders

  • Notifying you on filing deadlines, ACRA compliance alerts & reminders
  • It is the prime responsibility of corporate secretarial services Singapore to ensure that their clients complies with the regulations of governing authorities like ACRA and IRAS

Handling Activities

  • Professional assigned to you under our corporate secretarial service prepares minutes and board resolutions
  • Updating the governing body ACRA on company’s director related changes
  • Updating the governing body ACRA on the company’s name related changes
  • Ensuring that the company files accounts and annual returns to ACRA on time, failing that these company secretary services owe an explanation to ACRA

Board Meetings

  • We, as a competent company secretarial service provider coordinate your company’s reporting and decision-making process
  • Arrangement of general meetings and board meetings of the organization
  • Meeting agendas with the chairman and the chief executives are formulated
  • Holding annual or extraordinary general meetings for shareholders
  • Attendance in the meetings and registering the minutes

General Meetings

  • Obtaining and circulation of documents to shareholders of internal and external agreements
  • Correcting, drafting, and incorporating of procedures

Documents Maintained by Corporate Secretary Services

  • Maintenance of minute book and statutory register book
  • (Directors, members, managers, secretaries, auditors and share transfers)
  • Distributing company’s annual reports, interim statements, and accounts
  • Preparing director’s report
  • Reviewing developments in corporate governance and assisting the directors with respect to their duties and responsibilities
  • As your nominee corporate secretarial service, we ensure safe custody and proper use of company seal

According to the Singapore Companies Act, a registered company in Singapore is required to appoint the services of corporate secretarial services Singapore within six months of its incorporation. The company secretarial Singapore is the chief administrative officer of a company and is responsible for the smooth functioning of the board procedures in compliance with the law. Company secretary Singapore should either be:

  • A permanent resident of Singapore, OR
  • Should hold any of the three passes: Employment, Dependent, or EntrePass

Outsourcing Your Needs to the Secretarial Services in Singapore

It is highly advised that the role of a company secretary should be outsourced to one of the competent and effective Singapore corporate secretarial services. This is not said just for the heck of it, but there are many valid reasons to tilt the balance in the favor of company secretarial services Singapore. Compliance related issues and the non-core nature of the task make it necessary to hire a reliable company secretarial service.

1) Filing with ACRA requires a person to have a ‘Professional PIN’. The people who have the requisite knowledge in the field acquire this PIN. In addition, without this PIN it is not possible to appoint a foreign shareholder. Certified professionals working in Singapore company secretarial services are qualified and certified to have and legally, use a Professional PIN.

2) An inexperienced secretary can file online, but can fail to make the correct resolution, or maintenance of proper paperwork. This will call for changes at a later hour. It is very time consuming.

3) Similarly, an amateur company secretary can make mistakes while establishing the financial year-end. If this is done incorrectly, the company can lose revenue in terms of taxes paid.

4) All these mistakes can deem a company to visit the doorsteps of the court of law and to make things worse, the appointed secretary can be penalized or be made liable for fines under the companies act. Competent Singapore company secretarial services assist their clients in avoiding the embarrassment and getting their brand name tarnished by providing top class professional services.

What SBS can do For You?

  • Under its corporate secretarial service, SBS will appoint a highly qualified company secretary for the clients.
  • Free consultation services during the year on various corporate secretarial issues.
  • The secretary appointed under our company secretarial services Singapore will assist the clients in understanding and complying with the compliance needs.
  • Non routine services will be offered with attractive discounts
Please feel free to contact us on +65 6536 0036 or drop in an email at info@sbsgroup.com.sg

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