Company Secretarial Services: A Vital Function for Businesses

Company secretarial is a crucial aspect of corporate governance, ensuring that a company complies with legal and regulatory requirements. A company secretary plays a pivotal role in maintaining the company's records, managing board meetings, and overseeing corporate governance practices.

SBS Consulting provides incorporation services to Singapore-based companies. Additionally, we also offer secretarial, bookkeeping, accounting, taxation, GST, XBRL, and payroll services.

Key Responsibilities of a Company Secretary

Corporate Governance: Ensuring that the company adheres to best practices in corporate governance, including ethical standards and compliance with relevant laws.

Board Meetings: Organizing and managing board meetings, preparing agendas, and taking minutes.

Company Records: Maintaining accurate and up-to-date company records, such as registers of members, directors, and charges.

Legal Compliance: Ensuring that the company complies with all relevant laws and regulations, including the Companies Act, Securities and Futures Act, and other applicable statutes.

Secretarial Returns: Filing necessary secretarial returns with the Registrar of Companies (ROC).

Shareholder Communications: Managing communications with shareholders, including issuing notices for meetings and distributing dividends.

Corporate Actions: Assisting with corporate actions, such as mergers, acquisitions, and demergers.

Why is Company Secretarial Services Important?

Legal Compliance: Ensuring compliance with corporate laws and regulations helps avoid penalties and legal issues.

Risk Management: Effective company secretarial practices can help identify and mitigate risks, protecting the company's interests.

Good Governance: Adhering to good governance principles enhances the company's reputation and attracts investors.

Efficiency: A competent company secretary can streamline administrative processes and improve efficiency.

Choosing the Right Company Secretarial Services Provider

When selecting a company secretarial services provider, consider the following factors:

Experience and Expertise: Look for a provider with a proven track record in handling companies of similar size and industry.

Qualifications: Ensure that the company secretary is qualified and has the necessary certifications.

Reputation: Check the provider's reputation and read testimonials from previous clients.

Services Offered: Assess the range of services offered, including board meeting management, corporate governance advisory, and secretarial returns filing.

Fees: Compare fees and pricing structures to find the best value for your needs.