Company secretary is not a simple profession and can be the major contributing factor for the success of a business. They do practically everything from maintenance of company registers and records of finance, ensuring company’s compliance with legal laws of company acts, making board resolutions, filing of annual tax returns annual general meetings, etc.
Advantages Of Hiring A Company Secretary
In certain countries, it is mandatory to have a company secretary and company secretarial services singapore ensure that the company abides by the company laws of the country. When there is a company secretary, all administrative processes are handled with in-depth knowledge, accuracy and on time adhering to the local regulatory elements. They are trained people with good experience and can handle all the staffing and finance issues. This is also cost effective as it covers payrolls, accounting and incorporation for company together. Hiring secretarial services saves you the effort and time to train an in-house secretary to handle all administrative work. Though there can be certain risks associated with such services in terms of confidentiality and control, the benefits are more from them and are widely preferred in business circles.
Corporate Governance At Its Best
Corporate governance is one of the most important aspects to run a company successfully. The highest share holders can have effective control on the management and the shareholders and the interests’ needs proper protection. Company secretary services ensure that the relationship between company directors and the shareholders are maintained legally with best practice. They also protect the rights of employees, customers, suppliers and local communities to help in overall smooth running of the business. When there are takeovers or business mergers, it is important to protect the benefits for all parties involved and a company secretary service will provide you the best possible assistance in such corporate governance issues.