Articles

Best Corporate Secretarial Services Provider for Startups in Singapore

by Leslie S. Professional Content Writer

The corporate secretarial services in Singapore work to ensure statutory compliance of their clients. A number of these firms also offer company incorporation services and can really help business owners in setting up their new companies.

SBS Consulting Pte Ltd is a registered filing agent that offers an affordable incorporation package to the startup owners. The package costs only $699. It comes with two FREE services worth $538 (for the first year).

A company secretary in Singapore acts as the chief compliance officer of the organization. They interface with the regulating agencies in order to discharge the compliance of their company.

After registering a new company, they attend its first board meeting and records the minutes of the meeting. They also record board resolution appointing the officers of the company. They also record resolution for opening a corporate bank account.

The board may also pass the resolution on the borrowing of money, mortgage company property, sale of company assets, mergers and acquisitions, issuance of company stock. The corporate secretary sees to it that the board resolutions confirm with the constitution of the company.

Singapore companies need to convey their board meetings. Corporate secretarial services in Singapore help them with the task. They work with the chairman to fix the agenda of the meeting and circulate the notice giving details of the place & date.

SBS Consulting offer the following corporate secretarial services:

  • Keep directors abreast of due dates and statutory filings
  • Board Meetings
  • Convey Annual General Meetings
  • Maintenance of minute book
  • Maintenance of statutory register book (Directors, members, managers, secretaries, auditors
  • Inform ACRA about the changes in the company
  • Shares transfer and management
  • Distributing company’s annual reports, interim statements, and accounts
  • Preparing director’s report
  • Reviewing changes in corporate governance
  • Safe custody and proper use of company seal

Ensuring a company's statutory compliance is a painstaking task. It needs knowledge of the Company Law and how to collaborate with the regulating agencies. It also needs to keep an keen eye on the due dates. The secretary needs to how to coordinate the efforts of various departments in the company and get the compliance work done within due dates.

Corporate secretarial services in Singapore, like SBS Consulting employ experts. These professionals are updated with the latest changes in the rules and regulations and take care of the clients' compliance. It means their client is free of stress and can focus all their energies in growing and expanding their company.


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About Leslie S. Innovator   Professional Content Writer

11 connections, 0 recommendations, 85 honor points.
Joined APSense since, July 31st, 2020, From Singapore, Singapore.

Created on Sep 30th 2020 08:54. Viewed 497 times.

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