The person should be a member of the Institute of Certified Public Accountants of Singapore (ICPAS) or should have been practicing as a company secretary for three or more years of the five years before being appointed as a company secretary of the company. CA (Singapore) members are recognised as well.
What is the qualification for company secretary in Singapore?
Answer: A company must appoint a secretary within 6 months from the date of incorporation. A company secretary must be a natural person and locally resident in Singapore. The position of company secretary must not be vacant for more than 6 months.
What is the qualification for company secretary?
How can I become a company secretary?
- Excellent communication skills – both written and verbal.
- Ability to work with colleagues at all levels.
- Integrity – you need to take confidentiality seriously.
- Having knowledge and an interest in governance and company law.
- Ability to absorb and process lots of information.
How much does a company secretary cost in Singapore?
|Company Incorporation (includes 1 year of Corporate Secretary Service worth $350)||$650, one-time fee|
|Extension of time for AGM and filing Annual Return||$220 per section (includes $200 ACRA filing fee)|
|Change of Financial Year-End||$20|
|Change of company name||$100 (includes $15 ACRA filing fee)|
Can a company be without a secretary?
The requirement to have a company secretary
Private companies are no longer required to have a company secretary. This requirement was abolished pursuant to the Companies Act 2006, as from 6 April 2008.
Is Company Secretary mandatory in Singapore?
The Company Law in Singapore mandates that every company must appoint a Company Secretary. The Company Secretary is responsible for ensuring that the company complies with the relevant legislations and regulations. … The Company Law defines the legal framework within which the Secretary and the directors must operate.
What is salary of CS?
Pay Scale/Salary of Company Secretary (CS)
|Job Profile||Starting Salary per annum (in INR)||Mid Level Salary per annum (in INR)|
|Company Secretary||Rs. 3,00,000||Rs. 6,00,000|
|Legal Advisor||Rs. 3,00,000||Rs. 4,00,000 – 5,00,000|
|Principal Secretary||Rs. 3,00,000||Rs. 6,00,000|
Can a CS become CEO?
A company secretary can be the CEO of the company too, which keeps his/her position close to the board of directors.
What is the work of CS?
A company secretary is a senior position in a private sector company or public sector organisation. … It is also their responsibility to register and communicate with shareholders, to ensure that dividends are paid and to maintain company records, such as lists of directors and shareholders, and annual accounts.
What is company secretaryship course?
The CS (Company Secretary) is a 3 years professional course equivalent to the UG degree. The CS course is conducted by the ICSE (Institute of Company Secretaries of India). The CS course is divided into three levels as the following: … Intermediate/Executive Course – 9 months. Final/Professional Course – 15 months.
What is corporate service provider?
A specialised company formation and government services provider. CSP. A company non-specialised in company formation that can refer a client to set up with RAKEZ.
What are corporate secretary services?
Company secretarial services are not the traditional work of a secretary, as the name might suggest, but rather it refers to the level of administrative function within a business that ensures good corporate governance, effective administration and compliance with legislation, laws and regulations that govern business …
Do all companies need a company secretary?
On 6 April 2008 legislation changed such that limited companies are no longer required to appoint a company secretary. However, even though appointing a company secretary is no longer compulsory for limited companies, many still do. … A public company must have a secretary.
Who appoints a company secretary?
Company Secretary shall be appointed by means of a resolution of the Board containing the terms and conditions of the appointment including the remuneration. A Company Secretary shall not hold office in more than one company except in its subsidiary company at the same time.
Can a company secretary sign accounts?
And accounts must generally be accompanied by: a directors’ report signed by a secretary or director and their printed name, including a business review (or strategic report) if the company does not qualify as small.