Wednesday, 4 October 2023

How to change company secretary of a Singaporean company.

 Quite few promoters would like to change the company secretary of a Singapore company.   In case you have something similar in your mind.  Below article might help you to make a sound decision. Please do refer the infographics. 

 

To change the company secretary of a Singaporean company, you'll need to follow these steps:

 

  • Board Resolution: The board of directors should pass a resolution to appoint a new company secretary. This resolution should be recorded in the minutes of the board meeting.
  • Resignation: If the current company secretary is resigning, they should provide a resignation letter. This should also be recorded in the minutes of the board meeting.
  • Appointment Letter: Prepare an appointment letter for the new company secretary. This letter should include details like the effective date of the appointment, responsibilities, and any specific terms of employment.
  • ACRA Filing: Within 14 days of the change, you must file the appointment or resignation of the company secretary with the Accounting and Corporate Regulatory Authority (ACRA). You can do this through the online filing system BizFile+.
  • Notification: Inform the outgoing and incoming company secretaries about the filing and provide them with a copy of the relevant resolutions and appointment letters.
  • Update Business Profile: Log in to BizFile+ and update the company's business profile with the new company secretary's information. This includes their name, identification number, and contact details.
  • Update Company Records: Ensure that all company records and registers are updated to reflect the change in the company secretary. This includes the company's statutory registers and minute books.
  • Compliance: Ensure that the new company secretary is aware of their legal obligations and responsibilities under Singapore company law.

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