If you do not have a company secretary, and are unsuccessful to maintain observe, ACRA may possibly send out you reminders and situation a letter for the neighborhood director and invite the director to attend the seminar: Administrators Compliance Programme (“DCP”).

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Yet another problem is in environment it up the right way – Specially being a foreigner with no idea of the tax and legal systems. This can be why many foreigners who arrange a company in Singapore elect to do this with the help of a corporate secretarial company, like BoardRoom.

In conclusion, navigating the intricate landscape of corporate governance and regulatory compliance in Singapore is usually a critical element of running A prosperous small business. The job of a firm secretary can not be overstated in this endeavor.

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Even when you are new in organization and already have the money to rent a corporate secretary, you'll be able to’t assure that you're going to seek the services of the best man or woman. The responsibilities of the secretary are vital, so You simply can hire one of the most capable human being for your position.

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