Most entrepreneurs think they can do it all. Over time the amount of paperwork becomes more and more time consuming and can potentially slow down your business growth.
While the roles and responsibilities of a company secretary vary, he or she must be adept in handling your company’s compliance with the law. In the ongoing stages of your business, there will be compliance requirements throughout the year to keep track of. This includes the Annual Return filing with Singapore Company Registrar, Annual General Meeting (AGM) and maintenance of statutory registers. Your company secretary will need to perform these fundamental processes efficiently and more importantly, he or she must be capable of providing ancillary services when the need arises. You may already have your own company secretary but when is there a need to outsource corporate secretarial services for additional assistance?
Here at Chartsworth, we know it can be a time-consuming process and with the plethora of tasks managed by your business, it can be challenging to keep track. Managing the administrative and compliance-related functions of the company, it is crucial that all relevant regulatory requirements are punctually met so that your business can operate smoothly. With our corporate secretarial services, you can trust that these compliance-related business matters are in the proven capability of a dedicated team.
As a start-up or small & medium enterprises (“SMEs”), there is not much to do throughout the whole year to warrant an in-house corporate secretary. We can help you meet all ACRA filing deadlines and provide knowledge of current and emerging regulatory requirements. Being compliant will help avoid some of the fines and penalties commonly faced by companies, giving you the peace of mind to focus on generating revenue for your business.
Standard plan that covers all your mandatory annual filing to ACRA.
Preparation of resolution and lodgement with ACRA for change of director / registered office address / principal activity / Financial Year End.
Applicable to company with more than 3 individual director or shareholder.
Preparation of relevant documents for submission to ACRA. A Controller is defined as an individual or a company that has a “significant interest” in or has “significant control” over the company. This must be submitted within 30 days from the date incorporation.
Preparation of resolution and lodgment with ACRA for change in shareholder or share capital.
Includes shareholders that are company, partnership and any body corporate.
Preparation of relevant documents for submission to ACRA to striking off a company.
Your company secretary must first and foremost be a local resident in Singapore. To act as a company secretary, he or she must be qualified and well-versed in adhering to the law. The company secretary must possess the relevant qualifications, either as a member of the Institute of Singapore Chartered Accountant (ISCA), a member of the Singapore Association of the Institute of Chartered Secretaries and Administrators (SAICSA) or member of other predetermined professional bodies.
As it is mandatory to have a company secretary, you will need to look for a replacement within the next six months. Alternatively, you can consider outsourcing for corporate secretarial services, which can increase cost-effectiveness for your business in the long run.
With Chartsworth, you can count on our in-depth knowledge of statutory compliance documentation and meticulous attention to detail. Our standard plan of $260 includes provision of a qualified person as your corporate secretary, preparation of Annual General Meeting (AGM) documents, filing annual returns with ACRA, with add-ons to consider.
To be your one-stop corporate service provider, we also offer accounting, advisory, tax and incorporation services on top of corporate secretarial services. For more information, you can explore the pricing options for our wide range of services.