Expert Company Secretary Services Singapore Business

A Singapore corporate secretary holds a pivotal role as a company officer, responsible for ensuring the company's compliance with statutory and regulatory obligations set forth by the Accounting and Corporate Regulatory Authority and other relevant government bodies in Singapore.

This role encompasses various responsibilities, all aimed at fostering corporate governance and adherence to the Companies Act.

• Filing and notifying the ACRA of annual accounts, and any particulars or status changes of the company/ directors
• Maintaining and updating documents such as statutory registers of the company, minutes books of meetings, etc.
• Arranging the company meetings; and
• Handling other important administrative matters

The provision for a company secretary is mainly regulated by Section 171 of the Singapore Companies Act.

• Being a natural person
• Having a principal place of residence in Singapore
• Having necessary expertise and qualifications to act as a corporate secretary
• Not being disqualified under Section 155B of the Companies Act by the Registrar
• Not being the sole director in case of a company having only one director

In Singapore, the terms "Company Secretary" and "Corporate Secretary" are often used interchangeably and refer to the same role within a company.

Both are used to describe the individual or entity responsible for managing and ensuring a company's compliance with legal and regulatory requirements such as holding AGMs, filing reports, and so forth.

Yes, you have the option to switch your Singapore corporate secretary service provider to BBCIncorp.

• Begin by contacting our dedicated support team for assistance
• Once you've completed the service order with us, inform your current service provider of your intention to terminate the existing agreement
• Transfer the necessary company records to BBCIncorp

We will then appoint a new corporate secretary for your business within 60 days.

• Annual general meeting and minutes
• Preparation and submission of annual returns
• Statutory register maintenance and update
• Change of company details and company officers

The specific services may vary depending on the company's needs and the terms of the engagement.

Many businesses in Singapore choose to outsource corporate secretary services to ensure they meet their compliance obligations and maintain good corporate governance.

The company secretary cannot open a bank account on your behalf but provides important support in the process. They can prepare and certify required corporate documents, such as the company’s ACRA business profile and the board resolution to open the account.

At BBCIncorp, we also offer Singapore business account opening with various local, global banks, and EMIs. Kindly visit our service site or reach out for timely support.

No. These are separate roles. The company secretary manages corporate compliance and governance, such as ACRA filings and statutory registers, while an accountant handles bookkeeping and prepares financial statements. Both functions complement each other to keep financial reporting accurate and timely.

For additional support with Singapore accounting and auditing obligations, you can also explore BBCIncorp bookkeeping services or contact our support team.

The company secretary files the Annual Return with ACRA, which includes the financial statements prepared by the accountant and approved by the directors. For most private companies, filing must be completed within 7 months after the financial year end (FYE).

If the company holds an Annual General Meeting (AGM), the Annual Return must also be submitted within 14 days after the meeting. Even audit-exempt entities must prepare and lodge their statements unless specifically exempted by law.