There are very few people as important for the company’s wellbeing as the corporate secretary – in Singapore, at least. If the officer knows the ropes, he can save you a lot of time and money. Learn how to pick the best company secretary and what he can do for you.
A collection of 5 posts
Annual General Meetings are important. Firstly, they are compulsory. Secondly, vital subjects are discussed there: during AGMs, shareholders approve financial statements. Without the shareholders’ approval, your business can’t meet the filing requirements.
The Company Secretary is responsible for your Singapore business compliance. You must appoint one within 6 months after incorporation.
There are several red flags that tell you your current Corporate Secretary is not doing a good job: you have to wait for an answer for days, and follow up with reminders. You do not receive advice on regulation, and when you do it’s often unclear. You're unhappy with the price you pay.