Corporate Secretarial Services
Our corporate secretarial services are divided into the following categories:
- Incorporation of entities in Singapore
- Incorporation of entities in overseas
- Company Secretary
Incorporation of Entities in Singapore
Having to do business in Singapore, the first and foremost is to set up a legal entity in Singapore. There are various types of entities available for registration or incorporation.
There are four main types of business structures. They are:
- Sole-Proprietorship (one owner) or Partnership (two or more owners)
- Limited Partnership (LP)
- Limited Liability Partnership (LLP)
- Company
Different entities have their own pros and cons to consider before deciding which entity type suits your business needs. Owners or entrepreneurs are often confused or lack sufficient information for them to make the best decision in deciding which entity is right for their business.
Below are certain factors to consider:
1. Capital
How much capital are you prepared to invest?
2. Business Owners
How many business owners will there be? What to look out for when there is more than one business owner?
3. Risks, Liabilities & Responsibilities
How many risks are you prepared to undertake? What are the liabilities and responsibilities you are prepared to assume based on each business entity type?
4. Advantages & Disadvantages
What are the advantages and disadvantages of each business entity type?
5. Compliance & Regulations
What are the compliance and regulations business owners have to comply with?
6. Closure
How easy it is to close the business based on its business entity type?
Incorporation of Entities in Overseas
Accelerate Advisory works closely with different jurisdiction agents in providing incorporation services at the main place of operations or where the company’s principal investors reside. Some of the advantages of incorporating an offshore company include tax benefits, simpler reporting requirements, ease of company setup and ongoing administration, etc.
However, the choice of a particular jurisdiction is an important factor to consider as it can have a significant impact on your business. Some of the various jurisdictions of offshore companies that we can provide incorporation services are Malaysia, Cayman, British Virgin Islands, etc.
Contact us today for further queries.
Company Secretary
Under Singapore regulations, there are certain types of business entity that requires a Company Secretary.
The Company Secretary ensures:
1. Business Interest
- All relevant statutory obligations are met
- The business interest of the company is always protected
- Good corporate governance is practiced
- Is present regularly at the company’s registered address
2. Advisor
- Serves as an advisor to the directors and provide any practical support that is needed
- Share timely information with all the directors so that they can contribute fully during board meetings
3. Communication
- Regularly communicates with the shareholders and ensure their interests are protected
- Timely dissemination of financial statements so that shareholders are prepared to take part in the decision making at the company’s Annual General Meeting (AGM)
4. Records Registry
- Maintains the company’s statutory registers and records
5. Meetings
- Arrange for shareholder and company directors meetings
6. Document Filing
- Lodge and file in time all necessary documents required by law
7. Administrative Support
- Provides administrative support in preparation of shareholders and company directors meetings
8. Legal & Administrative Support
- Provides comprehensive legal and administrative support to the board
- Assist in the implementation of corporate strategies by ensuring the board’s decisions are properly carried out and communicated
9. Governance
- Ensures the company meets all its legal obligations for the smooth operations of the company
10. Stay Updated
- Stays updated on the relevant developments and changes to the statutory and regulatory obligations
- Ensure such information are promptly and adequately communicated with the shareholders
Quick links to services
Accelerate Advisory Pte. Ltd.
UEN: 202019163W
151 Chin Swee Road #10-09 Manhattan House Singapore 169876
Tel. +65 6970 7909 | Email. enquiries@accelerateadvisory.sg