Provision of company secretary
Section 171 of the Companies Act requires all companies incorporated in Singapore to appoint a company secretary who must be a resident of Singapore within 6 month of its incorporation. The position of secretary must not be left vacant for more than 6 months at any one time.
If the company has only one director, he cannot act as a company secretary. However if the company has more than one director, one of the directors can also act as company secretary. Private limited companies need not appoint a professionally qualified secretary. However, a secretary must nevertheless be appointed. Only public companies must appoint a professionally qualified secretary, examples of professionally qualified secretaries include lawyers, accountants, and chartered secretaries.
BESO provides the complete range of corporate services, helps companies stay compliant, meet every aspect of business regulations in Singapore.
The Best Taxation, Accounting & Corporate Solutions Provider
Get In Touch
Your Point of Contact
Director of Business Development
+65 6604 9001