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Having a secretary in Singapore private limited to help you with corporate governance work
Posted: Jan 11, 2018
Why do you need a corporate secretary in Singapore?
Singapore is a place where many business owners come to incorporate their company, Singapore has one of the lowest taxes in the world making it one of the best places to place your headquarters and also it is one of the most efficient place when it comes to building a company.
So why would you be keen to work with a Singapore service provider to produce one of the best and most efficient company in Singapore.
Having a corporate secretary in Singapore is a requirement. Every company in Singapore needs to have one so that you can run the day to day functions with the government.
The corporate secretary is someone who makes sure all the submissions to the government are up to date. They keep the files of the legal resolutions well and tidy, they are also able to give you advise when it comes to governance work with your corporate governance system in your company.
Simple legal directions and advise is also one of the strengths of the corporate secretary who will be able to provide you with the directions of what you need to watch out for when you issue shares to your shareholders or when you wish to appoint a foreign director in Singapore.
So what other use of corporate secretarial services in Singapore?
Corporate secretary will also be able to alert you about deadlines. Most business owners are busy with their business and deadlines are something that they might have on the back of your mind. This is something that can cause major problems if you are late you get penalties from the government and this can go up to the hundreds and if you get them enough you get into trouble with the authorities.
Having a corporate secretary that is experienced and familiar with systems will allow you to make sure you can have a hands off approach to not being to care for almost every things that is happening.
You should consider having someone who is also keen on helping out startups because younger founders might have too many questions that might annoy the older ones.
T.K is an avid writer on business topics, he writes for Koh Management