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Company Secretary. Companies must appoint a company secretary within 6 months from the date of incorporation. This position cannot be left vacant for more than 6 months or the directors may face a penalty of up to $1,000. A company secretary is responsible for the administration of the company.
Jan 2, 2024 · All firms must select a company or corporate secretary within six months of their establishment, according to the Singapore Companies Act. A Singapore citizen or Permanent Resident, or a holder of a Singapore Employment Pass, EntrePass, or Dependant Pass, is essential as the corporate secretary.
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Jun 25, 2024 · A corporate secretary is responsible for internal compliance and maintaining documents required by law, with companies typically expecting them to have a degree and/or a broad skill set in areas like corporate law and finance.
Duties of a Singapore Company Secretary. Powers of a Company Secretary in Singapore. All companies incorporated in Singapore must fulfill a key requirement of appointing a company secretary who must be a resident of Singapore. If the company has only one director, he cannot act as a company secretary.
Becoming a successful Corporate Secretary in Singapore requires a unique blend of qualifications, skills, and attributes tailored to navigate the complex and evolving landscape of corporate governance.
From corporate secretary managed services to technology, boards of directors use new strategies to meet ever-expanding corporate secretary responsibilities. Discover how corporate secretaries can leverage managed services and technology to keep up with an expanding roster of obligations.
