Corporate Secretarial Services
We help you to stay compliant.
Free Consultation
Unsure about anything to keep you and your company compliant? Need to restructure your company, yet staying compliant? Rest assured as free consultation is provided!
Qualified Chartered Secretary
Our nominated company secretary is of a qualified individual and a fellow member of the Chartered Secretaries Institute of Singapore (CSIS) and the Chartered Governance Institute (CGI).
Corporate Secretarial Services
We help you to stay compliant.
Free Consultation
Unsure about anything to keep you and your company compliant? Need to restructure your company, yet staying compliant? Rest assured as free consultation is provided!
Qualified Chartered Secretary
Our nominated company secretary is of a qualified individual and a fellow member of the Chartered Secretaries Institute of Singapore (CSIS) and the Chartered Governance Institute (CGI).
Corporate Secretarial Services
We help you to stay compliant.
Free Consultation
Unsure about anything to keep you and your company compliant? Need to restructure your company, yet staying compliant? Rest assured as free consultation is provided!
Qualified Chartered Secretary
Our nominated company secretary is of a qualified individual and a fellow member of the Chartered Secretaries Institute of Singapore (CSIS) and the Chartered Governance Institute (CGI).
Questions?
What does a Company Secretary do?
For the avoidance of doubt, a Company Secretary is not the same as a personal secretary.
An appointed Company Secretary plays an important role in every company where he or she provides advisory to the board of directors primarily on corporate law and governance as well to ensure that the annual statutory obligations of the company is fulfilled. Additionally, we protect and safeguard the interest of the company’s shareholders while its directors shall fulfill its fiduciary duties and act in their best interest of the company.
What makes us different? Our qualified company secretary is elected as a Fellow member with the Chartered Secretaries Institute of Singapore and the Chartered Governance Institute and therefore is undoubtedly well-versed with corporate law and governance.
While we are aware that there may be many other company secretaries out there, it is relatively important that this position is filled in by a qualified individual and that he or she is able to create value through proposing solutions or alternatives to every problem that the company faces. In UpHatch, we strive and seek to ensure that the requirements of the board and its stakeholders are met!
Compliance with the act
...so do I need a Company Secretary?
Yes, certainly!
The Companies Act 1967 of Singapore states the following:
“Section 171.—(1) Every company shall have one or more secretaries each of whom shall be a natural person who has his principal or only place of residence in Singapore and who is not debarred under section 155B from acting as secretary of the company.
Section 171.—(1A) It shall be the duty of the directors of a company to take all reasonable steps to secure that each secretary of the company is a person who appears to them to have the requisite knowledge and experience to discharge the functions of secretary of the company.”
Compliance with the act
...so do I need a Company Secretary?
Yes, certainly!
The Companies Act, Cap. 50 of Singapore states the following:
“Section 171.—(1) Every company shall have one or more secretaries each of whom shall be a natural person who has his principal or only place of residence in Singapore and who is not debarred under section 155B from acting as secretary of the company.
Section 171.—(1A) It shall be the duty of the directors of a company to take all reasonable steps to secure that each secretary of the company is a person who appears to them to have the requisite knowledge and experience to discharge the functions of secretary of the company.”
A plan for everyone.
Secretarial Basic
S$480.00*
Inclusive of the following:
- Appointment of a chartered secretary (12 months)
- Corporate advisory
- Drafting of AGM documents & FILING OF ANNUAL RETURNS
- Maintenance of statutory documents
- Maintenance of statutory registers
- E-signature solution platform
- Reminder on AGM & AR Deadlines
- Safekeeping of Company's Seal
- Registration of corppass account
- KYC & due diligence checks
- add-on: registered office address (S$240/year)
- Subject to risk assessment/corporate structure
Secretarial Plus
S$820.00*
Inclusive of the following:
- Appointment of a chartered secretary (24 months)
- Corporate advisory
- Drafting of AGM documents & FILING OF ANNUAL RETURNS
- Maintenance of statutory documents
- Maintenance of statutory registers
- E-Signature solution platform
- Reminder on AGM & AR Deadlines
- Safekeeping of company's seal
- Registration of CorpPass account
- KYC & due diligence checks
- add-on: registered office address (S$240/year)
- Subject to risk assessment/corporate structure
Our focus areas include:
Corporate Restructuring
At some point, the company may restructure. This includes structural change to the board and shareholdings which may be due to change of company’s direction, merger & acquisition, and many more.
We draft the required documents in line with the Companies Act and the company’s constitution for the purpose of ensuring rights of every stakeholders are considered.
Startups & Funding
In the startup community, it’s common if your company receives seed funding from venture capitalist or even an angel investor. As a result, your company may be required to enter into shareholder/subscription agreements, even possibly an employee share option scheme.
While not many corporate secretarial firms can handle them, but UpHatch can because our qualified chartered secretary had the exposure!
Closure (Striking-off) of Company
If you ever need to close (strike-off) your company, we will assist you to ensure that all criteria is met before proceeding to do so.
On a side note, we don’t see closure as an ending, but it will lead to your next beginning/new venture ahead!
Registered Office Address Services
For every company in Singapore, there will be a requirement under the Companies Act to have a registered office address.
You do not necessarily need to rent an office space for this purpose when we can help you with an address (virtual office) so that you can conserve your resources to grow your business.
Application of Employment & Other Related Passes
If you ever need to apply for an employment pass or any other related passes issued by the Ministry of Manpower, we will assist you with the relevant applications so that you get your rights to work and live in Singapore.
Intellectual Property (IP) Registration
Your intellectual property (IP) may be an asset to your company and we can provide assistance to register your IP with the authority.
That way, your hard work on an asset can be protected without having to be copied by someone else!
Setting-up of Variable Capital Companies (VCCs)
Our qualified company secretary can assist if you are looking to set up a Variable Capital Companies (VCCs) for the purpose of managing investment fund structures, even if you intend to transfer an existing overseas investment funds into Singapore.
Customer Due Diligence (CDD)
Depending on the nature of your business or trade, your company may be need to perform CDD to screen your clients/customers. We provide CDD services for your business, as a way of helping your company to meet its objectives.
Ad-hoc Secretarial Services
As a registered filing agent in Singapore, we provide a full range of ad-hoc services to companies and businesses, as and when it is required.
Just speak to us!
Frequently Asked Questions (FAQ)
We will liaise with your existing secretary for the purpose of transition of services and to perform collection of the Company’s statutory documents/kits. That way, you can simply sit back and relax!
It is not uncommon that a secretary could go missing. This may occur to inexperience company secretaries as they think that they can merely act as a secretary but does not actually know the importance of the role. In this instance, talk to us, so that I can determine the current state of your company, before deciding the next step; even reconstructing certain documents which is important to be in place.
Unless exempted, every Singapore incorporated companies is required by the Companies Act to hold an AGM after the end of every financial year before the Annual Return is filed with ACRA.
An AGM is a great opportunity to communicate and discuss on the company’s performance with its stakeholders as well to project any upcoming objectives with them.
The AR is an electronic form that is required to be lodged with ACRA after the end of every financial year for the purpose of reporting on the company’s structural and financial information.
For the avoidance of doubt, AR filing is not similar to tax return filing with the Inland Revenue Authority of Singapore (IRAS), and vice versa.
Yes we can. All you have to do is get in touch with us as your dedicated company secretary. That way, we can understand your need and we will then work towards drafting the relevant documents in line with the relevant laws and regulations under the Companies Act, and constitution of the Company.
There are companies whom are not compliant with proper documentation which may result them in failing their legal due diligence and as a result, penalties may be imposed by registrar, and possible affect your investor’s confidence!