A company secretary is an indispensable role that provides guidance to directors, ensuring they fulfil their statutory duties and comply with Singapore company regulations. The role also acts as a liaison between the board and shareholders, helping to ensure that decisions made by the board align with shareholder interests. They are also responsible for the drafting and filing of all necessary regulatory documents, managing meetings and taking minutes at all important occasions. Learn more about company secretarial services by CFO ACC SG here

According to the Accounting and Corporate Regulatory Authority (ACRA), all companies must have their company secretary in place within six months of incorporation. The company secretary must be a Singapore citizen, permanent resident, EntrePass holder, or Employment Pass holder with a residential address in the country and cannot be the sole director of the company.

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In addition to meeting certification requirements, the ideal company secretary will have a broad range of skills and experience that enable them to handle complex compliance management, including knowledge of the legal environment, corporate governance practices, and business strategies. They should be familiar with ACRA’s online filing system, and CFO ACC, and demonstrate a strong commitment to continuing professional development and education.

Choosing to outsource company secretarial services allows startup founders to save time while having peace of mind knowing that their administrative and regulatory compliance affairs are being managed by experts. Learn more about our Singapore-based company secretarial services by CFO ACC SG here.