How a Corporate Secretary can assist you to fulfill your company's legal obligations.
Every company registered in Singapore is required to appoint a corporate secretary within six months of the company’s incorporation. A company secretary need not be a professionally qualified one but it is advisable to select a person who has the requisite knowledge and experience to fill the role so that the company can ensure that its legal responsibilities and that of the directors are discharged in a timely and proper manner.
DP Corporate Services (DPCS) has been established to provide corporate secretarial services to companies alike. With the aim of assisting companies fulfill these obligations, the array of services include;
1. For Private Limited Companies
For clients operating a private limited company and have signed up for a corporate secretarial package with DP Corporate Services, DPCS will nominate a person to be named as the Company Secretary in compliance with the statutory requirements of Section 171 of the Companies Act. As the corporate secretarial agent of the client, DPCS assist with the on-going compliance and filing requirements, namely, updating and maintenance of the Minutes File and Statutory Registers; preparing resolutions of Directors and Shareholders (including any other supporting documents) to resolve change of officers, change of shareholders and/or shareholding, changes to capital structure, opening of bank account and other banking matters, alteration of Memorandum and Articles of Association; commencement of members' voluntary liquidation and preparing Notices and Minutes of Annual General Meeting.
2. For Singapore Branch Offices
In the case of foreign corporations intending to register as a Singapore Branch Office, DPCS can assist in the registration process as well as the legal filing requirements. Registration services include advising on the procedure and documentation requirement for registration of such offices, preparing the relevant registration documents and liaising with Accounting and Corporate Regulatory Authority (ACRA) on the application.
3. For Singapore Representative Offices
For foreign corporations that are exploring the viability of doing business in Singapore and are not ready to commit an investment as yet, DPCS can assist them to register a Representative Office (RO) by advising on the procedure and documentation requirement for registration of a RO with International Enterprise Singapore (IE), submitting the prescribed documents to and liaising with IE with respect to the application. Ensuring a smoother entry into the business arena in Singapore.
4. Employment and Dependant's Pass Application
Once the business entity has been established, DPCS can help with the employment and dependant's pass application for foreign expatriates and their families. DPCS services include advising on the procedure and documentation requirements, submitting the prescribed application forms and supporting documents to the Ministry of Manpower (MOM) and liaising with MOM on the applications and collection of the respective passes once approved.
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