What is a company secretary?
A company secretary in Singapore ensures legal compliance, maintains company records, and provides administrative support, contributing to effective corporate governance and adherence to regulatory requirements.
How much does a company secretary cost in Singapore?
The cost of a company secretary in Singapore varies on the complexity of the company’s operations, scope of services required as well as secretarial firm chosen. Typically, fees range from SGD600 to SGD2,000 or more per year.
Is it possible to do what a company secretary does myself?
It is possible to perform some of the tasks of a company secretary yourself, but it requires a good understanding of Singapore’s legal and regulatory requirements. However, appointing a professional company secretary ensures expertise, compliance, and frees up your time for core business activities.
Do all companies require a company secretary?
Yes, all Singapore companies are required to appoint a company secretary within six months of incorporation, as mandated by the Companies Act.
