It is important to know what is a company secretary and why might you need to change yours. A company secretary is an important position in any company, as they are responsible for maintaining corporate records and ensuring compliance with regulatory requirements. If your company is moving to Singapore, or you are setting up a new business here, you will need to appoint a local company secretary within six months of incorporation. Here are three easy steps for How To Change Your Company Secretary In Singapore.
How To Change a Company Secretary In Singapore
Changing your company secretary is a simple process, but it is important to ensure that you appoint someone who is qualified and experienced to handle the responsibilities of the role.
Step 1: Obtain the required documents
The first step in changing your company secretary in Singapore is to obtain the required documents. These include a notice of change of company secretary and a statutory declaration by the new company secretary. The notice must be signed by a director or authorized representative of the company, and the statutory declaration must be made by the new company secretary.
Step 2: File the necessary paperwork with ACRA
The process of changing your company secretary in Singapore is relatively straightforward. The first step is to file the necessary paperwork with ACRA, the country’s regulatory body for businesses. This can be done online via ACRA’s website.
The second step is to notify your current company secretary that you will be terminating their services. This can be done via email or letter. Be sure to include the date of termination in your communication.
Finally, you will need to engage the services of a new company secretary. Once again, ACRA’s website can be used to find a suitable service provider. Be sure to complete all the necessary paperwork and submit it to ACRA in a timely manner to avoid any delays in the process.
Step 3: Notify your shareholders
If you are looking to change your company secretary in Singapore, the process is relatively simple. The first step is to notify your shareholders of the change. This can be done through a variety of channels, including email, physical mail, or even a notice on your website.
Once you have notified your shareholders, you will need to send a notice to the Registrar of Companies. This notice must include the name and contact information of the new company secretary. It is important to note that this notice must be sent within 14 days of the shareholder meeting at which the change was approved.
Thus, changing your company secretary in Singapore is a simple process that can be completed in just a few easy steps. Be sure to first check with the Accounting and Corporate Regulatory Authority to ensure that the new company secretary is qualified and registered. Once you have found a suitable replacement, notify the current company secretary of the change and provide them with a notice of resignation. Lastly, file the necessary paperwork with ACRA to confirm the change.
