In accordance with the Singapore Companies Act, all companies registered in Singapore are required to have a registered corporate secretary to assist with managing the company’s records, annual renewal, and other related matters.
Within six months following the end of the financial year, the corporate secretary shall be responsible for organizing the Annual General Meeting of Shareholders and drafting relevant documents for the shareholders and directors to confirm and sign. Once the annual general meeting is complete, the corporate secretary shall assist the company in filing its Annual Renewal (AR).
A Corporate Secretary must be a local resident individual with valid identification. Alternatively, a foreigner may appoint a licensed secretarial company to act on their behalf.
A company secretary must be a natural person and a locally resident in Singapore.
The sole director of a company and the company secretary cannot be the same person.
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6 months after the Financial Year End.
RORC, known as register of registrable controller, refers to register an individual or a legal entity that has significant interest in or significant control over a company. All companies incorporated in Singapore, unless exempted, must set up and maintain a register of registrable controllers (RORC) within 30 days from the date of incorporation.