If you are looking to start a business in the Southeast Asian country of Singapore, then you must take note to appoint a company secretary. Indeed, carrying out the appointment of the company secretary requires specific knowledge while you must also understand the legislation that is in operation in Singapore, to make sure any company secretary that you want to appoint meets the requirements. Establishing a company in a foreign country can require you to understand the legislation that is in operation while if you have recently incorporated a company in Singapore, then you must take note to appoint a company secretary within the first six months after the initial date of incorporation. It is also essential to know that any company secretary that you appoint for your business must be a local resident of Singapore, while they must also fulfil a variety of different functions within this particular role.
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- Make sure you appoint an appropriate company secretary within six months of incorporation
- Understand the responsibilities of the company secretary
- Find the right company secretary for your business
a. Ensure you appoint an appropriate company secretary
If you want to register a company in Singapore, you must take note of the process involved, especially how to remain legal at all times. One of the legal requirements of establishing a company in Singapore is to appoint an appropriate company secretary. However, if you are looking for assistance when appointing a company secretary in Singapore, you could think about talking to a specialist management consulting firm. A specialist management consulting firm will be able to provide you with an appropriate level of advice about how to go about finding the right type of person to fulfil the role of the company secretary in your business.
b. Understand the responsibilities of the company secretary
Furthermore, company law in Singapore states that every registered company has to appoint a company secretary within a period of six months after the incorporation of the business. The company secretary fulfils a variety of different functions, especially ensuring business compliance with the legislation that is in operation in Singapore. A company secretary also makes sure that the board members are aware of the legal responsibilities, helps generate profit and ensures that legal compliance is maintained at all times.
c. Find the right company secretary for your business
Finally, it is essential that if you want to establish a company in Singapore, you must appoint a company secretary that is a natural person and a resident of Singapore. Moreover, you should also try to appoint someone that has previous experience as well as the relevant qualifications to carry out the functions of a company secretary in Singapore. If you are looking for more information about how to go about the process of appointing a company secretary in Singapore you must think about talking to a specialist business consulting firm because they can assist you throughout the process.
Therefore, in conclusion, if you want to establish a company in Singapore, you must take note to appoint a company secretary within six months of the incorporation of your business while you must also make sure that any company secretary you appoint has the relevant qualifications and experience and is also a resident of Singapore
