According to the Singapore Company Act all companies are required to appoint a secretary within half a year from its incorporation. The company secretary must be a Singapore citizen or resident. Another requirement is that the secretary does not act as a director for the Singapore company. Under Section 171, the Commercial Code establishes a public company’s secretary must also have certain qualifications:
Singapore company secretaries must also be members of few associations and institutions:
According to the legislation the secretary can also be held accountable for not complying with certain legal requirements. For more information about the legal requirements of becoming a company secretary you can ask our specialists who can also help you open a company in Singapore.
A Singapore company secretary has duties and responsibilities. Their most important duties are:
The company secretary will also act as a communication channel between the directors and shareholders.
Company secretaries in Singapore also have certain responsibilities, among which they must assist the directors in implementing the corporate governance regulations and properly keep the company’s seal. The company secretary will also oversee the establishment of overseas operations of the Singapore company. The secretary will also make sure the company respects all the legal requirements.
For more information about duties and responsibilities or company secretary services you can contact our consultants. They can also help clients open companies in Singapore.