Do you live in Singapore? Do you own a business? Are you looking for a reputable and competent corporate secretarial company to take charge of the administrative functions of your company? If yes, you are not alone. You see, there are others like you looking for the exact same thing. But, finding a good corporate secretarial company is no walk in the park, and for good reasons. With more and more corporate secretarial firms springing up here and there in Singapore, it is likely going to be difficult for you to narrow down a good one.
As the boss, you have the freedom to opt for anyone you like. That said, you need to keep in mind that if you pick the wrong one or an incompetent one, your company may not be able to meet the numerous requirements set by ACRA. And as you probably know, failure to meet these requirements could result in penalties and fines. This makes it critical for a business to do extensive research when picking a Singapore corporate services company.
The following by Singaporelegaladvice is basically a how-to guide to picking the best corporate secretarial company in Singapore.
Finding a Suitable Corporate Secretarial Firm in Singapore
Corporate secretarial firms are often hired to take charge of the administrative functions of a company, as well as ensuring that a company meets its compliance and reporting requirements. In such a case, the company secretary is a named individual from the corporate secretarial firm, Read more here.
You likely now know some strategic ways to find a proficient corporate secretarial firm in Singapore, and some important things to look out for before making a final decision. But a part of you may not really see the need to hire this company. You may feel that you can effectively handle the tax filing, legal and financial need of your company on your own. Even if you can do all that without breaking a sweat, it is not wise you do them.
The following article by Guidemesingapore shed light on some convincing reasons why businesses in Singapore should consider outsourcing their annual compliance work.
Companies should consider outsourcing their annual compliance work. Here’s why.
Corporate tax filing can often be a time-consuming and complicated process. But, with the help of corporate services providers, businesses can be relieved of the annual compliance work and instead, focus on growing their business. Read more here.
You surely now know some compelling reasons why you should employ the services of a corporate secretary company in Singapore. Always remember that if you want to thrive in business, you have to focus on the most important tasks that can have a major impact on your business. This is like making your products better, satisfying the needs of your customers, and streamlining your business processes, just to name a few. However, if you are just starting out, you may need to hire an incorporation service provider before a corporate secretary company. But how do you go about doing that?
The following article by Precursor unveils some qualities of top incorporation providers in Singapore.
7 Essential qualities of top company incorporation service providers in Singapore.
As a local or foreign entrepreneur decides to incorporate a company in Singapore, the most important next thing to choose is the Singapore company incorporation service provider firm one wants to hire. Singapore being the top destination for starting a business has got so Read more here.
You possibly now know some seven essential qualities of reputable incorporation service providers in Singapore. If an incorporation company lacks these qualities, chances are, they won’t be able to handle your needs effectively.
As a business owner, you may have the notion that doing everything on your own; perhaps because you are intelligent and know basically everything about the various part of your business will increase productivity and make your company grow quicker. But the truth is that it won’t.
In fact, it may even hurt your company’s growth and productivity, as you may end up making laughable mistakes that may cost you a lot of money to address.
The best course of action, therefore, is to outsource time sucking, difficult, and delicate tasks like tax filing, finances, among others to service provider companies.