Asiabizservices Proposes Singapore Chartered Secretary Services 

Asiabizservices emphasizes that each company shall appoint a Singapore company secretary who shall be a natural person and must list Singapore as the only or principal place of residence.

by Ashley Varghese Thursday, January 20, 2011
In Singapore, a secretary of the company is instrumental. Regarded as a senior position in a private company or a public listed company, a company secretary’s role is pivotal.

“Secretaries are appointed representative responsible for preparation, organization, and maintenance of legal documents of the company,” says Asiabizservices, “they must make it certain that the company directors and the company as a whole comply with the requirements specified by the law relating to businesses.”

Secretaries coordinate and maintain constant communication with shareholders, whom secretaries must ensure they are registered, keep a list of directors, and see to it that dividends are distributed appropriately and annual accounts are maintained.

In oppose to what has been conceived by some, a company secretary in Singapore is considered as someone in possession of high level of intellect and comprehension skills. Such individual must have a sense of responsibility as being a secretary entails sets of tremendous responsibilities.

Among them include governance structures and mechanisms, coordinating with shareholders and the board of trustees and directors about meetings; handling training and induction of non-executives and trustees, maintaining corporate conduct within the business’ regulatory environment, keeping the communication lines with regulatory and external bodies open, preparing reports and circulars to trustees, shareholders; and sometimes, preparing the management employee benefits.

Asiabizservices emphasizes that each company shall appoint a Singapore company secretary who shall be a natural person and must list Singapore as the only or principal place of residence. Considering the nature of the tasks associated with that position, Asiabizservices adds, “secretaries must be knowledgeable about the Singapore Company Act and the company’s constitutions.”

Inherent in companies are meetings. There are board meetings, general meetings, and annual general meetings. In each meeting, a secretary shall coordinate with the individuals, officers, and employees to ensure their presence. During the meeting, the minutes and attendance must be recorded and certified.

About the Publisher:

Asiabizservices offers one-stop business solutions to companies, particularly, those that are managed and owned by foreign investors. Since its inception, Asiabizservices has successfully helped foreign entrepreneurs form a Singapore company. Among its specializations are Singapore company setup, corporate services, accounting services, nominee services, company registration, whether as a sole proprietorship, private limited, limited liability partnership; offshore company formation, incorporation of foreign companies either as a branch or subsidiary office, accounting services including payroll preparation and more.

Asiabizservices is the leading provider of Singapore Company Incorporation services and has successfully helped thousands of both local and foreign entrepreneurs incorporate a Singapore Company. It also provides chartered secretarial services.

For more information visit:

AsiaBizServices PTE LTD
address: 120 Telok Ayer Street Singapore 068589
phone: +6563034614

0    submitted by Ashley Varghese
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