It is a requirement for Singapore companies to appoint a secretary within 6 months after its incorporation. The primary role of a secretary is to keep the company in compliance with the policies set by the Accounting and Corporate Regulatory Authority (ACRA) and the Singapore Companies Act. Within the firm, the secretary takes on the advisory role.
According to ACRA, a company secretary should be the following:
- A natural person
- A local resident in Singapore
The sole director of the company is disqualified from filling this role. Furthermore, this role must not remain vacant for more than six months.