How to choose your secretarial service Hiring corporate secretary services in Singapore is a great investment that you should consider when putting up a business in the Lion City. There is no substitute for the kind of assistance they offer for companies seeking a smooth-sailing operation of their business. Startup companies in Singapore should invest wisely in company secretarial services. Each company incorporated in Singapore must hire at least one company secretaries within six months of its incorporation date. It is an obligation mandated by the Company Law of Singapore. The Company Law also states that the secretary must be a natural person who is ordinarily resident in Singapore. It is a very important position, as the secretary acts as the compliance officer of the company. Right Time to Corporate Services Singapore
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The general trend is to hire experts from corporate secretarial services Singapore rather than invest in an in-house and permanent company secretary. These professionals shoulder numerous compliance and corporate governance related tasks for their clients. Many of the entrepreneurs hire company secretarial services in Singapore to incorporate their Singapore companies. A
few of these services offer combo packages to their clients, clubbing two or three essential incorporation-related services at economical costs.
Know Your Company Secretary Services Provider It is important to have a one-to-one discussion with their representative regarding your needs and the extent of their service. Ask if they offer services like fax, mail scanning, daily mail receiving notification, mail forwarding, etc. The absence of these services can cause problems for you. Just imagine how difficult it will be for you to self-collect the mail from your provider if you have subscribed to their registered office service. Once you start researching on the Internet, you will realize that you can get from cheap to highly specialized company secretary services for your startup or small business. The advice is to 'Go for Quality.' Your statutory compliance as well streamlined corporate governance is of at most importance. Your company secretarial services provider should free you from any worries regarding these.
During the discussion, ask for what the provider is offering and the cost of these services. You should be especially wary about the providers offering cheap packages. Do not go by the face value bandied in front of your eyes.
Know the hidden costs. Find out, if they charge separately for the filing of annual returns or preparation. If they do, then, see, how much it will cost you in real life. May be appointing one of the reputable company secretarial services in Singapore that offers reasonably priced and underthe-one-roof services to its clients is a solution. What Company Secretary Can Do for You Most of the prime corporate secretarial services in Singapore offer following services: ➢ They dedicated one of their expert to your work ➢ The expert emails you and call to your attention important deadlines related to accounting, taxation, and GST
➢ They filing company documents in the register folder ➢ The online filing with ACRA ➢ Updated your Bizfile account ➢ Safe keeping of company registers and making it available for inspection by officials ➢ Take custody of company's incorporation documents, director's resolutions, shareholder's agreements, and filed annual returns When it comes to complying with the statutory regulations, you should reach for the ideal- error-free and timely discharge of the function. For it to happen, you need to find someone that can back you up in almost all the situation. It means someone qualified with an industry-wide experience. You can get Singapore secretarial service package that costs from S$699 and offers three-in-one services. It covers incorporation of a Singapore company, and company secretarial and registered local office address for the first year. Some of the business owners depending on their quality of experience with their existing services provider decide to switch to another company secretarial services Singapore. To these owners, we offer comprehensive end-to-end company secretary services at S$299 for the first year. The regulating authorities, the world over, try to come with comprehensive statutory responsibilities in order to protect the
investors' interests. However, it becomes a burden to the business owners. It adds to their overhead costs. Since it is not a business activity that generates any profit it is included in the non-core tasks of the company. It is the reason why business owners try to outsource it to company secretarial services.