When do you need to hire a Secretarial Service in Singapore?

1. When do you need to hire a Secretarial Service in When do you need to hire a Secretarial Service in Singapore Singapore? ? As per the Section 171, 1AA, of Companies Act of Singapore company must appoint at least a qualified company secretary within the six months of its incorporation. It is a criterion without which the registration of a company is not complete. The business owners have the option of hiring one of the corporate secretarial services Singapore. Singapore, every incorporated The requirement to hire Singapore secretarial services Singapore secretarial services serves to fulfill the double- layered legal prerequisite that each company must comply with. Firstly, it is mandated by the law and, secondly, the secretary as the fiduciary official must ensure that the directors and shareholders follow stipulated rules and regulations. Hire Company Secretarial Services Singapore, Free Management Hire Company Secretarial Services Singapore, Free Management The general perception among the company owners and directors about the hiring of a corporate secretary is that it is a waste of money. Some of them try to do it on their own and save a few dollars. And sole directors do not qualify for holding the responsibility. Also, the secretary fields so many varied responsibilities that only the experts, especially those from the corporate secretarial services Singapore can ensure their assured compliance.

2. Moreover, the corporate secretary is a non-core task of the business. It does not create any revenue and profit. It is better to hand it over to the experts from the secretarial secretarial services in Singapore services in Singapore. It frees the directors and managers to go after the core-goals of the business whole-heartedly. As the business owner, would you prefer these individuals to waste their time in supervising the preparation of the financial documents for annual filing or go out in the market and chase more customers to bring more business? Making these specialists responsible for the company's statutory compliance is wasting their talent. Avoid Any Breach of Avoid Any Breach of Statutory Compliance Statutory Compliance

3. Honestly, they may not be able to do full justice to both the tasks. And it can create a situation that most of the business owners do their best to avoid by hiring one of the corporate secretarial services corporate secretarial services in Singapore Singapore. You may agree with them if you want to avoid falling prey to any of the following situations. 1.Improperly maintained and managed company records and documents 2.Failing to file accurate or timely annual return of the company 3.Failing to hold the Annual General Meeting in stipulated period 4.Any breach of the provision of the company law 5.Preparing incorrect end-of-the-year reports 6.Failing to validate a business resolution 7.Failing to inform the ACRA of the changes in the officials of the company 8.Failing to validate a significant business step 9.Failing to convey the change in the registered office address and office hours to ACRA 10.Failing to publish company's name and registration number on the company documents, letterheads and correspondence 11.Principle shareholder failing to notify company of its interests 12.Benefit for Employing Secretarial Services Singapore The prime reason for advocating the outsourcing to business secretarial services Singapore is that it saves you from having to invest your resources in a non-core task. Today's modern companies understand the benefits of outsourcing. It allows them to reduce the mental clutter in the workplaces. It can also reduce the stress levels in the company officials responsible for it. business secretarial services in

4. Whenever there are deadlines to meet or the slightest suspicion of non-compliance, it suddenly changes the work environment. It affects the employees' concentration level and focuses which can be detrimental in a competitive environment. It is the reason, why a large number of MNCs and SMEs have taken to hiring company secretarial company secretarial services services. On the other hand, it allows them to save on the expenses on the salary, employee benefit, and the infrastructure necessary for the in in- -house company secretaries house company secretaries. Well, there are benefits of appointing experienced and reputed reputed secretarial services in Singapore secretarial services in Singapore. The stress-free compliance and affordable costs are certainly among them. hiring