Legal compliance – corp sec for companies in Singapore must adhere to various compliance and reporting requirements set out by the ACRA (Accounting and Corporate Regulatory Authority). To ensure their business stays on track, they must appoint a company secretary within six months of incorporation. However, hiring a full-time employee to take care of these duties can be expensive. For this reason, many small and medium-sized businesses turn to outsourcing firms to meet their secretarial needs.
When choosing a secretarial service, look for one that is familiar with Singapore’s corporate compliance requirements and that provides comprehensive solutions to fit your business. A reputable provider will be able to streamline administrative tasks so you can focus on your business’s core operations. In addition, they will be able to identify and mitigate compliance risks, ensuring that your business remains compliant.
How Top Corporate Secretarial Services in Singapore Can Streamline Your Business
Founded in 2017, Cabin is an online corporate secretary service that offers full suites of compliance, accounting, and taxation services to startups and small businesses. Their team of experts will ensure that your company is always up to date on ACRA and MAS filings, and will provide you with a dedicated account manager to assist you with any questions or concerns.
Harvest Accounting is a digital-first accounting firm that believes in streamlining workflows. They offer several packages for corporate secretarial services in Singapore that range from assisting with annual general meetings to filing annual returns. Their Xero subscription means that they can handle all your accounting and corporate secretarial tasks in real-time. They also include Dext, a receipt bank that makes it easy to scan and upload receipts for your business.
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