Hire the Company Secretarial Services for Smooth Running of Business

A company secretary is a person who is equipped with the skills to manage the work of the company. It mostly handles work in context with administration, legal services, clients business issues, etc. He ensures a streamlined workflow of the organization as well as represent the company in the global front. Along with this, the company secretary can also work as an adviser of the board of directors for suggesting creative ideas to improve company revenue, marketing strategies, solving legal issues and others important matters of organization with best solutions.

The company secretary can only be employed by large companies. Hence, the small businesses and start-ups should take the assistance of a legal firm that offer company secretary services in India.

The need for company secretarial services

The corporate secretarial services are responsible for the shareholder administration and communication, corporate governance and statutory compliance. Their main role is reducing the burden of the company administrative and corporate governance, which would otherwise be handled by the company directors. The organizations that are formed newly, it becomes very difficult to handle multiple tasks at the same time, along with the daily chores. In this difficult and chaotic situation, it is better to take the assistance of company secretarial services in India by the legal firm for handling the operations of the organization.

Benefits of Taking Company Secretarial Services

There are numerous facilities attached to company secretarial services. As the compliance matters are very crucial for any business, the failure to do so is an offence. It might result in fines and prosecution of the director of the company. Hence, when a company takes the assistance of these services, then all their corporate needs for business setup, Accounting, Bookkeeping, Auditing, and Tax as well as Secretarial services for compliance and business advisory, they are efficiently taken care of by the services. These services are very efficient and reasonable, they effectively reduce the burden of the business owners to focus on their core business.

The responsibilities of a company depend upon the size and nature of the company. Some of the responsibilities of the company secretary are:

:-They maintain the company's statutory registers.

• :-They have to update the records held by Companies House.
• :-They maintain the registered office of the company.
• :-They advise the board of directors for their legal and corporate responsibilities and matters in the context of corporate governance.
• :-They are responsible for organizing the board meetings and annual general meeting of the company.
• :-They record the minutes of board meetings.
• :-They expertly handle company compliance with legal obligations.
• :-They are accountable for managing and storing the company's records, e.g. reinvestment, property, payroll, insurance, accounting, taxation (VAT, Corporation Tax).
• :-They are the liaison between the company, its stakeholders and shareholders.

They are the primary source of advice for the conduction of business, and this extends up to almost all the services. They include legal advice for conflicts, accounting services for a financial report, or the development of strategy and corporate planning for the company. Thus, taking assistance of an expert company secretary would assist in the growth of the company.

The writer of this article has many years of experience in writing the articles on many legal and business topics. Currently he is working as a freelance legal consultant.