How can I become a company secretary in Singapore?
A company secretary must be a natural person and locally resident in Singapore. The position of company secretary must not be vacant for more than 6 months. The sole director of a company and the company secretary cannot be the same person.
What qualifications do I need to become a company secretary?
Candidates aspiring to become a Company Secretary (C.S), need to appear for the CSET exam. Students who have completed their 10+2 are eligible to pursue this course. There are three course levels in this exam, namely foundation course, executive course, and professional course.
How much does a company secretary cost in Singapore?
Corporate Services
| Company Incorporation (includes 1 year of Corporate Secretary Service worth $350) | $650, one-time fee |
|---|---|
| AGM and filing of Annual Return with ACRA | $60 (ACRA AR filing fee) |
| Extension of time for AGM and filing Annual Return | $220 per section (includes $200 ACRA filing fee) |
| Change of Financial Year-End | $20 |
Does Singapore have company secretary?
The Company Law in Singapore mandates that every company must appoint a Company Secretary. The Company Secretary is responsible for ensuring that the company complies with the relevant legislations and regulations. The Secretary also keeps the Board Members informed of their legal responsibilities towards the company.
Can anyone become a company secretary?
Stages to become a Company Secretary. Executive Programme can be pursued by a Graduate of all streams except Fine Arts. ADMISSION TO THE CS COURSE is open throughout the year. Examinations are held twice a year in June & December.
Can anyone be a company secretary?
Who Can Be a Company Secretary? Essentially, anyone who can be a director of a company can be a Company Secretary.
Is CS course difficult?
It is not hard but yes it requires hard work. In CS mostly papers are theoretical which makes it the most difficult course for some students.
Can you pay a company secretary?
Can I pay my company secretary a salary? The secretary role can be a paid role, although it doesn’t have to be. If you are paying family members a salary from your company, the amount paid should be in line with the services performed.
What is meant by corporate secretary?
Corporate secretaries are the lead people who administer board evaluations, conduct corporate governance audits, help to resolve succession planning issues and assist directors with education, training and orientation programs. Corporate secretaries play an integral role in collaborating with the executive team.
Is company secretary a masters degree?
The qualification of a company secretary will now be considered as equivalent to a post graduate degree, with the University Grants Commission giving the requisite approval.
Does a company secretary get paid?
The secretary role can be a paid role, although it doesn’t have to be. If you are paying family members a salary from your company, the amount paid should be in line with the services performed.
Is company secretary a good job?
They handle a more authoritative position which provides opportunities and space for ideas and opinions. This job provides many perks and job satisfaction is one of them, CS gets a higher management position quite early in the career. So, they as well obtain recognition in a good working environment.
What is the duration of company secretary course?
3 to 5 years
The Company Secretary course duration can go from 3 to 5 years depending on the time taken by students to clear their exams. The first step is the CSEET exam which is conducted four times a year as given below. CS Executive and CS professional exams are conducted twice a year in June and December.
Is company secretary a risky job?
Being only among the few in the country, the company secretaries lot deserve a better deal, at least adequate opportunities that materialize soon, considering it’s a risky job that can affect one’s personal and professional identity unlike other normal jobs such as that of IT/BPO.
What will I learn in a corporate secretary course?
You will learn the roles and responsibilities of a corporate secretary, with an emphasis on the practical and procedural aspects of the corporate governance and administration of a company.
What is the corporate secretarial practitioner programme?
This programme is designed to guide Corporate Secretarial Providers (CSPs), Directors, Secretaries and Accountants on the essentials of corporate secretarial practice, and changes in the Companies (Amendment) Act & ACRA (Amendment) Act.
What can I do with a degree in Corporate Secretarial Administration?
Upon graduation, participants can expect to work as Corporate Secretarial Executives, Corporate Secretarial Managers or Assistant Company, or Company Secretaries of private companies. The knowledge gained is directly applicable in the work context.
What is a secretarial aims?
Aims to equip participants with an understanding of corporate secretarial functions. Participants will learn the law which governs and regulates companies in Singapore with particular emphasis on the practical and the procedural aspects.