Trend is to Hire Singapore Company Secretarial Services

by Creative Ideas Business Consulting

You can get an expert from Singapore company secretarial services to look after your statutory compliance. You can choose between the standalone service or get it as part of combo incorporation package.

Today’s companies want to retain their edge over their competitors. In addition, they also need to comply with the lengthy and sometimes, complex rules and regulations. They have found the solution in outsourcing their non-core tasks to third parties. Singapore company secretarial services assist them in taking care of statutory responsibilities.

Hire Singapore Company Secretarial Services

The outsourcing to the corporate secretarial services allows you to get rid of the edgy, anxious, and stress-full environment that a compliance task could generate in any workplace. You & managerial staff get to breathe freely and focus your collective mental faculties on the core-tasks of the business without interruptions.

An In-house Secretary May Increase Your Costs

Not long before, the business owners used to appoint permanent a company secretary. However, the Singapore company secretarial services have evolved and back their services with the same level of confidentiality. They feel accountable towards the completion of the administrative task they do on their clients’ behalf. They are reliable as they know how to preserve the sanctity of your business information.

However, not all of the small businesses can afford to hire an experienced and qualified company secretary in Singapore. It is costly to engage the services of such a professional as it means, the business has to bear expenses like salary, employee benefits, infrastructure, CPF contribution, levies, etc.

By employing one of the best corporate secretarial services, they can also do away with the searching & hiring or firing of the company secretary. They only have to worry about the quality and timing of the services rendered by these firms.

Is Appointing Company Secretary a Must in Singapore?

The Singapore Companies Act instructs owners to appoint an experienced company secretary within the six months from the registration of their company. The appointee has to be a resident of Singapore; Singapore Resident or holder of Employment or Entrepreneur Pass.

In the eyes of the officials of the Accounting and Corporate Regulatory Authority (the Company Registrar), a secretary is an important official of the company. They contact the secretary for the clarification of any administrative or compliance glitch in company’s filing. Besides statutory compliance, a secretary is also responsible for the corporate governance of a company.

In real life, a business owner should appoint a company secretary in Singapore at the time of registering a company. The corporate secretarial services like SBS Consulting offers highly affordable incorporation packages. These are totally suitable for the small business owners as they provide three services for the cost of one.

Role of Company Secretary Singapore

The Singapore company secretarial services assign a dedicated secretary to their clients. This professional take care of the following task for them.

The general and board meetings
Complying with company’s policies & constitutional amendments
Directors’ report
Managing the shareholders
Handling mergers, acquisitions, and disposal of assets
Update corporate governance techniques, procedures
Maintenance statutory books and registers
Notifying directors about filing deadlines & other statutory compliance issues
Safe custody and proper use of company seal

Why Should You Hire Corporate Secretarial Services?

First of all, hiring a secretary is an obligation for every incorporated company. And the competition in the market has made the hiring of company secretarial services in Singapore affordable to small businesses.

Secondly, going for the combo incorporation package is most affordable as for as little as S$699 you get services like incorporation, local registered address, & company secretary. You get the last two services for FREE for the first year.

In a fierce marketplace like Singapore, the business owners should deliberate carefully over the appointing of Singapore company secretarial services. It allows them to save time, costs, and be more effective in pursuing their core corporate goals. These firms employ experts can advise and help you in streamlining your administrative tasks and ensure your compliance.

SBS Consulting Pte Ltd

Visit: https://www.sbsgroup.com.sg

High Street Center,

#17-02, 1 North Bridge Road,

179094 - Singapore

Phone: +65-6536 0036

Email: info@sbsgroup.com.sg