With the increasingly importance of a company corporate secretary, it is easy to see why most business owners are rushing to hire the best. Actually, appointing a corporate secretary is mandatory for every company in Singapore. This is because a company secretary shares legal advice and duties with company director.
Furthermore, the individual you hire for this position is tasked to review the board’s procedure and corporate governance matters regularly. No wonder you can’t risk hiring the wrong person for the job. To make this possible, here are a few things to factor in when hiring a company secretary in Singapore.
Proficient Communication Skills
A company secretary service provider acts and represents the company while conversing with external stakeholders. For this reason, they should be in a better position to facilitate general meetings, annual general meetings, not forgetting meetings with the directors of the company. If this is not enough, they ought to provide professional and unbiased advice to the audience.
Before paying for an outsourced corporate secretary, make sure they boast proficient communication skills. Anything less than this is a big red flag, and you might be better off looking elsewhere. After all, how do you tell if they have your best interest at heart yet they don’t prioritize effective communication at all times!
Efficient Financial Analytic Skills
A corporate secretarial service provider should also be able to handle financial statements. That’s why it is only logical that the secretary you hire should have an above average familiarity with financial knowledge. This is aimed at lowering the risks of misstatements made by inexperienced secretaries as it could cost your business big time.
While it is tempting to opt for cheap corporate secretary services, chances are they might work against you. That’s why you should go out of your want and find out more about the cost of secretarial services before deciding on anything.
The Bottom Line
Hiring a corporate secretary is an easy undertaking as long as you understand the things to watch out for. To avoid the hassle of starting your search from scratch, why not follow this link to find a list of the best corporate secretarial companies in Singapore. Alternatively, you can get in touch with DNA Accounting Singapore today. Click here to see what they have in store for your small business in Singapore before signing on the dotted line.
James Gunny came across Bitcoin in early 2013 and was hooked on ever since. After years of being an active member in the bitcoin community, he now aims to help promote cryptocurrency technology to the masses through his position of Senior Managing Editor at Onlinemagazinenews.com.
