Rikvin Offers Singapore Company Secretarial Services 

A Company that have a complete benefits that help foreign and local entrepreneurs setting their own business in Singapore.

by Jane Golos Monday, December 13, 2010
A secretary is a natural living person, regarded as an official of an organization and who is in charge of the correspondence, minutes of meetings, records, and related affairs of the organization.

In Singapore, however, secretaries are appointed by the investor, particularly, the executive officer of a company. Generally, secretaries serve in companies registered as a private limited in Singapore. Within 6 months following the incorporation of a company, a secretary must be appointed.

The eligibility requirement of the appointment ranges in the principal residence. According to Rikvin, a secretary has “Singapore as his or her principal residence.” In case a foreign individual is appointed to that position, a possession of any of the employment passes in Singapore is a must.

Apart from that, qualifying skills must be shown as well. Secretaries are responsible for compliance with legal requirements specified by laws in Singapore. Among these are ensuring accurate information contained on the Memorandum and Articles of Association.

“Secretaries must update ACRA on any changes in the personal information of the company directors such as their names and residential addresses, any appointments or resignations or deaths of any members of the board members or trustees or directors, and filing of annual returns.”

Also, in the event that company changes occurs, ACRA must be notified. And so would ACRA be for matters such as a change in a company name, adoption or alteration or revocation of constitution, and any other matter that requires an update with ACRA.

A secretary is also obliged to coordinate with shareholders and directors regarding general meetings and board meetings. “During the meetings, secretaries are present to take the minutes and attendance and to ensure that the proper decorum is practiced and appropriate procedure is followed,” Rikvin continues elaborating.

A company has its own constitution and the secretary must ensure that all employees and officers of the company shall uphold it. At times, the role of a secretary touches on the law such as that a secretary must make it certain that the amendments made shall proceed in accordance with the law.

In addition, secretaries maintain communication with shareholders through circulars and coordinate with them in matters relating to their dividends.

Indeed, the tasks of a company secretary are not simple. In fact, they are serious and complex. Many investors experience a hard time finding the right candidate. In Singapore, investors have the option of hiring the company secretarial services provided by an independent company.

Rikvin is an ACRA-accredited company based in Singapore to render professional services to foreign investors and companies. It is a member of the Institute of Chartered Secretaries and Administrators based in the United Kingdom and Singapore Association of the Institute of Chartered Secretaries and Administrators.

About the Publisher:
Rikvin provides corporate solutions to investors and entrepreneurs in the local and abroad. Among its specializations are Singapore company registration and business firm and providing professional services relating to finances and administrative. Rikvin specializes in processing working visas and providing services such as nominee director, nominee shareholder, nominee agents, accounting, payroll, and secretarial.

Since 1995, Rikvin serves hundreds of companies managing and rendering Singapore accounting service using sophisticated payroll software system to handle even the most complicated payroll account. In its payroll services, Rikvin assures its clients of confidence in dealing with every transaction. Its accountants maintain competence. Above all, Rikvin’s principles adhere to the laws and share the same vision such as the inevitability of innovation. Rikvin has successfully helped foreign and local entrepreneurs form a Singapore company. Among its specializations are company secretarial services, company registration services and other corporate and accounting services.

Rikvin provides Singapore Company Registration service including securing your Singapore Employment Pass and Singapore EntrePass Visa for Singapore Business Migration.

General | Categories: financial, business
0    submitted by Jane Golos
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