Compliance with the laws and regulations is essential for every Singapore Company.
ContactOne Professional Services is able to provide you with a suitably qualified company secretary to address your compliance needs and obligations to the authorities. Secretarial services offered by ContactOne are designed to allow our clients to administrate their compliance requirements in the most cost effective way. Please note that the appointment of a Company Secretary is to be approved by the Directors of the Company.
Our Company Secretarial packages are recommended for entrepreneurs who:
▶ Needs someone with knowledge of the Companies Act (Chapter 50)
▶ Needs to file the Company Annual Returns to ACRA on a timely basis and avoid unnecessary fines
▶ Needs someone to prepare standard annual general meeting documents
▶ Needs someone to assist in documentation and advisory work relating to changes in directors, shareholders, company share capital amongst many other corporate changes of the company.
Why are your secretarial fees comparably lower than most service providers that I have sourced?
We are proud to be able to offer quality services at affordable fees because of 2 factors:
▶ Our services are targeted towards allowing companies to satisfy their most essential ACRA filing requirements. This means that loaded costs or premium buffers for additional work are removed from the pricing of the basic package.
▶ Our use of in-house self-developed system allows us to serve all of our clients timely, efficiently and effectively without passing on additional headcount costs or technological costs to you.
We acknowledge that different businesses have varying needs in relation to their corporate secretarial requirements.
Companies that need basic secretarial functions
Similar to ContactOne, most of the other leading secretarial firms provide basic secretarial functions to a large portion of companies in Singapore. In fact, we are of the opinion that most companies will suffice with this form of secretarial service. Under this arrangement, should you require additional secretarial services, only then will you be billed for the ad-hoc services rendered.
Service providers may bill secretarial fees on a monthly basis or annual basis. We are fairly sure that our annual secretarial fees have consistently been one of the lowest in the market today amongst leading service providers. If you belong to this class of entrepreneurs, our Company Secretary Basic Package
will be best suited for you.
Companies that need basic secretarial and accounting functions
ACRA filing constitutes only one out of TWO annual obligations for every Singapore Company. For a total peace of mind in meeting both your ACRA and IRAS obligations, you should consider our Company Secretary All In One Package
that provides support for both ACRA and IRAS filings.
This plan is most suited for Companies that are capable of doing in-house bookkeeping or transaction recording.
Companies that need comprehensive support
There are a handful of companies that require a very high level of support, as the corporate structure of their business may vary at a high frequency due to active changes in shareholders, capital subscription, directorship and amendments to articles and association of the company. For these companies, a solution that encompass a comprehensive coverage of company secretarial matters may be more cost efficient. However, annual fees charged for comprehensive coverage is generally significantly higher than most published service fees. If you know that you need comprehensive support, you may consider our Company Secretary Premier Package
which is specifically tailored for you.
Companies that need additional expert services
There are also companies that would prefer to appoint legal practitioners eg lawyers specializing in certain fields, to be their company secretary. The reason may be due to the fact that the company may need to deal with complicated corporate structuring or require legal expertise in the related field of the legal practitioner. In this aspect, value can be created as the secretary is somebody who can provide expert advice to you. This arrangement may chalk up thousands in terms of secretarial and professional fees. If you fall into this category, we will strongly encourage you to procure a suitable legal practitioner and consider the cost versus benefits of the arrangement. Alternatively, you may consider our Company Secretary Basic Package
to meet you basic ACRA needs and engage a separate legal practitioner for advisory purposes.