- 171. (.
- Every company shall have one or more secretaries each of whom shall be a natural person who has his principal or only place of residence in Singapore and who is not debarred under section 15
- B from acting as secretary of the company
Does a Singapore company need a Company Secretary?
The Company Law in Singapore mandates that every company must appoint a Company Secretary.
The Company Secretary is responsible for ensuring that the company complies with the relevant legislations and regulations.
The Secretary also keeps the Board Members informed of their legal responsibilities towards the company..
Is it mandatory to have a corporate secretary in Singapore?
In Singapore, it is mandatory for every company to appoint a qualified corporate secretary within six months of its incorporation.
This requirement is enshrined in the Singapore Companies Act.
Failure to comply with this requirement can lead to penalties, fines, and even legal consequences..
Is it mandatory to have a corporate secretary in Singapore?
In Singapore, it is mandatory for every company to appoint a qualified corporate secretary within six months of its incorporation.
This requirement is enshrined in the Singapore Companies Act.
Failure to comply with this requirement can lead to penalties, fines, and even legal consequences.Sep 19, 2023.
What are the duties of a Company Secretary Singapore?
Key Roles of a Singapore Company Secretary
maintain the company statutory registers and records.arrange for shareholder and director meetings.lodge and file in time all necessary documents required by law.provide administrative support in preparation of meetings..What are the requirements for Company Secretary in Singapore?
Being a qualified person under the Legal Profession Act.
Being a public accountant registered under the Accountants Act.
Being a member of the Institute of Certified Public Accountants of Singapore.
Being Member of the Singapore Association of the Institute of Chartered Secretaries and Administrators..
What is corporate secretarial job description Singapore?
The Company Secretary has to maintain and update the statutory registers such as the register of substantial shareholders, register of charges, register of members etc. as prescribed by the law.
The Company Secretary has to keep the company seal under their safe custody and also use it on documents when required..
What is Section 171 of the companies Act of Singapore?
171. (.
- Every company shall have one or more secretaries each of whom shall be a natural person who has his principal or only place of residence in Singapore and who is not debarred under section 15
- B from acting as secretary of the company
What is the role of corporate secretary in Singapore?
A corporate secretary (or company secretary) is responsible for looking after the administration work of a company efficiently.
He or she is tasked with keeping the company compliant with the statutory and regulatory requirements of the company and being a mediator between shareholders and directors..
Company Secretary
Maintain and update the company's registers and minutes books.Administer, attend and prepare minutes of meetings of directors and shareholders.Keep company directors aware of the deadlines for annual returns and any other filings required by ACRA.Key Roles of a Singapore Company Secretary
maintain the company statutory registers and records.arrange for shareholder and director meetings.lodge and file in time all necessary documents required by law.provide administrative support in preparation of meetings.
