Corporate Secretary

The general role as a Corporate Secretary is to assist the company in ensuring relevant statutory obligations are met, drafting company resolutions, and perform filings with the authority.

At Ingwer Consulting, from the support of our Corporate Consulting division, we enhanced our Corporate Secretary services to serve our clients as an internal corporate advisor, covering fields from company structuring, corporate regulations, funding, and business valuation.

It is mandatory that every company appoints a qualified company secretary within 6 months of its incorporation. In the case of a sole director/shareholder, the same person will not be allowed to take this position. By local law, the company secretary must be a natural person who is ordinarily resident in Singapore.

A certified Corporate Secretary must possess at least one of the following qualifications:

- Been a secretary of a company for at least 3 of the 5 years

immediately before his appointment as secretary of the public company

- A qualified person under the Legal Profession Act (Cap. 161)

- Public accountant registered under the Accountants Act (Cap. 2)

- Member of the Institute of Certified Public Accountants of Singapore

- Member of the Singapore Association of the Institute of

Chartered Secretaries and Administrators o Member of the

Association of International Accountants (Singapore Branch)

- Member of the Institute of Company Accountants, Singapore

The scope of a Corporate Secretary includes:

- Preparation and maintenance of resolutions and minutes with

respect to the opening of corporate bank accounts, changes in

company structure, etc.

- Preparation and maintenance of general meeting minutes such

as Annual General Meetings.

- Preparation and filing of statutory returns to be lodged with the

Accounting & Corporate Regulatory Authority (ACRA).

- Custody and maintenance of the company’s statutory registers,

minute books, and other statutory records.

- Custody and use of the common seal.

- Regular updating of minute books and statutory registers.