Corporate Secretary Services in Singapore
In Singapore’s highly regulated business environment, corporate secretary services are essential for companies to remain compliant and operate efficiently. A corporate secretary plays a critical role in ensuring that your business adheres to statutory requirements, maintains accurate records, and fulfils its obligations under Singapore law.
For businesses in Singapore, appointing a qualified corporate secretary is not just a legal requirement, it’s also a strategic move to streamline compliance and focus on growth. From managing annual filings to ensuring board resolutions are properly executed, a corporate secretary safeguards your company’s governance and reputation.
At Tianlong, we provide comprehensive corporate secretary services. With our expertise, you can navigate Singapore’s regulatory landscape with ease, reduce administrative burdens, and avoid penalties for non-compliance. Whether you are setting up a new company or looking for a reliable partner to manage ongoing requirements, we’re here to help.
Discover how Tianlong’s expertise can simplify compliance for your company.
The Role of a Corporate Secretary in Singapore
In Singapore, the Companies Act mandates that every company appoint a corporate secretary within six months of incorporation. This role is crucial in ensuring the company complies with legal obligations and maintains good governance. Failing to appoint a corporate secretary or meet compliance requirements can lead to penalties, legal actions, and reputational damage.
Key Responsibilities of a Corporate Secretary
A corporate secretary undertakes a wide range of duties, including:
- Maintaining Statutory Registers and Records: Ensuring up-to-date and accurate statutory records, such as the register of members, directors, and shareholders.
- Preparing and Filing Annual Returns: Submitting accurate and timely filings with the Accounting and Corporate Regulatory Authority (ACRA) to meet legal deadlines.
- Ensuring Compliance with Deadlines: Monitoring key dates, such as annual general meetings (AGMs), and ensuring timely compliance with legal obligations.
Why Compliance Matters
Non-compliance with Singapore’s regulatory requirements can lead to severe consequences:
- Companies that fail to file annual returns face penalties of up to $300 per late submission.
- Persistent non-compliance may result in the company being struck off the ACRA register or prosecution of its directors.
Recent Compliance Changes
Singapore has introduced stricter enforcement of corporate governance standards in recent years. For example, the tightening of beneficial ownership transparency rules requires corporate secretaries to maintain updated information on registrable controllers.
Partnering with a Corporate Secretarial Firm
Engaging a professional company for secretarial services in Singapore is more critical than ever. Tianlong, a trusted corporate secretarial firm, ensures that your company remains compliant with evolving regulations, so that you can focus on growth.
Why Tianlong is the Trusted Choice for Corporate Secretary Services
At Tianlong, we understand that businesses in Singapore require more than just a basic service to meet their corporate compliance needs. As a leading corporate secretary provider Singapore, we go beyond routine filings to offer proactive, expert-driven solutions tailored to your company’s unique requirements.
What Sets Tianlong Apart?
- Certified Experts with Extensive Experience
Our team comprises certified professionals with years of experience managing compliance for businesses across various industries. Whether you’re a startup or a well-established enterprise, we ensure your operations meet Singapore’s rigorous regulatory standards seamlessly. - Tailored Solutions for Every Business
Tianlong provides flexible service packages designed to cater to SMEs, startups, and large enterprises. From cost-effective basic packages to comprehensive compliance management plans, we align with your needs and budget.
Proactive Compliance Monitoring
Compliance deadlines can be daunting, but Tianlong’s proactive approach ensures you never miss a filing or submission. Our dedicated experts monitor key dates and keep you informed, helping you stay ahead of ACRA requirements.
Our Corporate Secretarial Services
Whether you’re looking to hire a company secretary for ongoing support or need one-off assistance with regulatory filings, our team of certified experts has you covered. Explore our key service offerings below:
Timely Filing with ACRA
We ensure all mandatory filings, including annual returns, are completed on time to avoid penalties.
Preparation of Essential Documents
From financial statements to AGM notices, we handle all compliance paperwork efficiently.
Proactive Monitoring
Never miss an important compliance deadline again. Our proactive reminders and tracking systems keep your company ahead of schedule.
Corporate Governance Advisory
Strong governance practices are essential for long-term success. As part of our corporate secretary Singapore services, we offer:
- Expert advice on governance frameworks to ensure your board operates effectively and ethically.
- Implementation of governance best practices, aligning with Singapore’s legal requirements.
- Periodic reviews and audits of governance processes to mitigate risks and enhance transparency.
Changes to Company Structure
Companies evolve, and with that come necessary structural changes. Tianlong provides expert assistance in managing these transitions:
Director and Shareholder Updates
Handle appointments, resignations, and changes in shareholder details with ease.
Amendments to Constitution
Ensure legal compliance when updating your company constitution.
Business Structure Modifications
From sole proprietorships to complex corporate entities, we manage the paperwork and filing for seamless changes.
Meeting Preparation and Record-Keeping
Efficient meetings and meticulous records are the backbone of corporate compliance. Our services include:
Minutes Preparation
Accurate recording of key decisions and discussions during board and shareholder meetings.
Statutory Books Management
Keep your statutory registers updated and compliant with legal requirements.
Meeting Coordination
From scheduling to document distribution, we ensure your meetings run smoothly.
Advantages of Outsourcing to Tianlong
Here’s why businesses choose us as their trusted outsourced company secretary:
Reduce Overhead Costs
Outsourcing eliminates recruitment costs and overhead expenses while giving you access to expert services at competitive rates.
Ensure Timely and Accurate Filings
Stay compliant with ACRA and other regulatory requirements without worrying about deadlines. Our team proactively manages all filings to avoid penalties and late fees.
Access to a Team of Experts
Unlike relying on a single in-house secretary, outsourcing gives you the collective expertise of our seasoned professionals.
Scalable Solutions
As your business grows, so do your needs. Whether you’re a startup or an established enterprise, our flexible packages adapt to your changing requirements seamlessly.
Why outsource instead of handling it in-house or DIY?
With DIY or in-house options, you risk delays, errors, and additional expenses from limited expertise or missed deadlines. Tianlong eliminates these risks, ensuring reliable, efficient, and compliant corporate secretarial services.
How to Get Started with Our Corporate Secretarial Services
Getting started with Tianlong is easy. Follow these three simple steps to enjoy hassle-free corporate secretary service Singapore:
1. Free Consultation: Speak to our team for a no-obligation consultation. We’ll understand your business needs and compliance requirements.
2. Proposal and Package Selection: Receive a tailored proposal outlining the best-suited services and packages for your company. Choose what fits your goals and budget.
3. Service Implementation and Ongoing Support: Once you approve, we’ll handle the onboarding and take care of your corporate secretarial tasks, ensuring smooth and proactive management.
Ready to streamline your corporate governance? Get started today and let us support your business success!
Frequently Asked Questions
We encourage questions and glad to answer them for you.
Corporate secretarial services help manage a company’s regulatory and compliance requirements. This includes filing annual returns, maintaining statutory records, and ensuring adherence to Singapore’s Companies Act. These services streamline governance and allow businesses to focus on growth.
Under the Companies Act, all companies in Singapore must appoint a corporate secretary within six months of incorporation. The secretary ensures compliance with statutory obligations, such as filing with ACRA and maintaining proper corporate records, to avoid penalties or legal issues.
The cost of corporate secretarial services varies depending on the scope of services required. It can range from $300 to $1,000 annually for basic compliance to more comprehensive packages for larger companies. Tianlong offers transparent pricing tailored to your business needs.
Yes, startups can benefit greatly from corporate secretarial services that ensure compliance, reduce administrative burdens, and provide expert guidance on governance. Tianlong’s scalable solutions are specifically designed to support startups as they grow.
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You will get a month’s worth of bookkeeping.
Whether or not you continue with us, your reports for the month are yours to keep.