The corporation Legislation in Singapore mandates that each corporation must appoint a Company Secretary, and also the place ought to not be remaining vacant for over 6 months at any position in time.
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For scaled-down firms, the Secretary will even now need to get ready the necessary AGM paperwork for signatory by all shareholders on an annual basis.
The only real director of a firm are unable to function a corporate secretary: In several conditions, a Singapore organization that has a sole director will appoint its corporate provider provider as the corporate secretary to meet this regulation.
You should make an application to SSM if you want to strike off your company. Administrators are suitable to apply to the Courtroom for recommencement in their business enterprise inside of 15 years following [the name of] their enterprise has long been struck off.
The registered office must be an handle in Singapore, but it really needn't be the put of Procedure. As an illustration, your organization’s registered Business office tackle could possibly be in Raffles Put but your manufacturing unit might be situated in Tuas.
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Your business requirements a registered handle in Singapore where by many of the official documents might be despatched to ; a PO box isn’t acceptable.
You can find conditions during which a business could plan to terminate the services of its business secretary. Preferably, the corporation would ask for the business secretary’s resignation. Even so, if the organization secretary declines to move down, the corporation has the choice of initiating the removing method By means of a board resolution, which doesn’t necessitate the receipt of a formal resignation letter from the organization secretary.
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The businesses Act also specifies circumstances during which someone is disqualified from serving for a corporate secretary.