Find the Best Consultants For Remaining Compliantby Bestar Sg company incorporation services Singapore
Whether you start a company in your own country or a foreign country, you must remain compliant with all the local company laws. Not violating the laws will allow you to concentrate on your business and run the company smoothly. But it is always not so easy because there are many occasions when you may not know the laws correctly or be unable to comply due to various reasons. Singapore company laws mandate that every incorporated company appoint a company secretary within six months. But many companies are unable to comply with this law. The corporate secretarial services in Singapore provided by business consultants come to the help of these companies.
Who Is A Company Secretary?
A company secretary in very simple terms is the person who will guide the company to function within the laws of Singapore. The company secretary is tasked with guiding the directors and ensuring that there are no violations. He or she is also responsible for filing the returns on time and maintaining the books properly. Calling for the annual general meeting and maintaining the minutes also form part of the duties of the company secretary. This means that the person must be thorough with all company rules. If you cannot find such a person yourself it is better to use the best corporate secretarial services in Singapore.
Why Companies Are Unable To Find The Right Person?
It is mostly the medium and small companies that find it difficult to appoint such a person. A person of such qualifications and experience will come at a very high price. Moreover, he or she cannot do any work that contributes to the profit of the company. The small and medium companies cannot afford to keep apart such a large amount. Foreign companies also find it difficult to appoint a company secretary as the law requires this person to be a resident of Singapore. The corporate secretary fee for services offered by the consultants is reasonable and companies don't have to worry about violation of any laws.
Appointment Of Foreign Employees
There comes a need for many companies to appoint foreigners in high positions to work in Singapore. Local companies may need them for the expertise they possess. Foreign companies may want one of their persons stationed in Singapore to look after the day-to-day activities. All foreign employees in Singapore must possess a suitable work permit to stay and work here. People who are at the managerial or executive level should get themselves an Employment Pass. The business consultants in Singapore will help you with the submission and follow up of EP application.
Benefits Of Securing An Employment Pass
The employment pass allows foreigners to work in Singapore and travel freely inside the country. The pass makes it possible for foreigners to travel in and out of the country without processing a visa every time. The government is keen to provide the comfort of keeping their families with them and hence the holders of EP can bring their families to live with them in Singapore.
With so many privileges foreigners like to secure the EP and live freely in the country. Business consultants in Singapore help to submit the application for this pass and also get the EP application status from the ministry and follow up on getting it quickly. If in case any clarification is sought by the authorities the agents will take care of that for you.
The main advantage of using the consultants is that right from filling the EP application form to securing your pass these people will be with you for any assistance. The corporate consultants Singapore helps companies to function smoothly and concentrate on their core businesses.
Created on Apr 10th 2020 03:41. Viewed 202 times.