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 9 posts
Technically, there are very few requirements to apply for citizenship: you must be a Permanent Resident for at least 2 years, you must be employed and be at least 21 years old. Sounds easy, yet there are nuances.
Permanent residency gets you as close to being a Singapore citizen as possible: you get all the same rights and benefits except being able to vote and hold public office. We look at the requirements, the documents you need to prepare, the timeline and chances for approval or rejection.
We explain how to move to Singapore, get a work visa, apply for Permanent Resident status and receive citizenship, looking at the requirements, eligibility and timelines.
As a Singapore entrepreneur, you, or more likely, your Corporate secretary, are going to interact with Bizfile regularly. Residents can access the directory themselves while foreigners need to hire an agent to do that for them. Here are some of the major activities your business might need
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.
You’ve made a profit and thinking about paying it out to shareholders. Here’s all you need to know about dividends in Singapore
Once you’ve set up a company, you have 6 months to find a Corporate Secretary. But what are company secretary's duties and functions? What are the Corporate Secretary's responsibilities? A corporate secretary