The role of a company secretary is vital in Malaysia. The primary responsibilities of a company secretary are to maintain the minutes of board meetings and prepare annual reports. Besides that, this role helps companies with their legal obligations, which can be pretty challenging for some small businesses to do their own.
A company secretary service can help you by providing an experienced professional who will keep your record up-to-date and ensure your business is compliant. This service can help you with various tasks, including registering your company in Malaysia and providing the necessary documents for that process.
They can also provide other services like outsourcing payroll and legal consulting, as well as outsourcing management and administrative tasks. In addition, they will also assist you in registering your company online and provide you with cloud accounting software so that you can access it anywhere and anytime you want.
Provide Guidance on Register Company Online Malaysia and Governance
Although you can register your Sdn Bhd company on your own through the MyCoID platform, working with an experienced company secretary will save you the time and effort of choosing an available business name and gathering the necessary information, ensuring a seamless company registration procedure.
A company secretary may assist you not only with the formation of a business but also with corporate restructuring, mergers and acquisitions, sound corporate governance and the procedures for striking off or winding up a business. A company secretary service will also help you prepare your transfer pricing documentation by completing all necessary forms and submitting them for you.
Registering a company in Malaysia can be quite an unexciting process. It requires a lot of paperwork and can take months for the company to be registered. It is also expensive, and many rules need to be followed. The good news is that there are now companies that specialise in helping foreigners register their companies in Malaysia. They handle all the paperwork and the legal formalities for you, so you don’t have to worry about them.
Company Secretary Service Update Your Company’s Information
As the firm grows, information on the directors, shareholders, paid-up capital, shares and constitution may change. A company secretary is in charge of notifying the SSM of such changes and keeping all related business records up to date at the registered office. The company secretary also manages and keeps other documents at the registered office, such as the constitution, minute books, financial accounts, meeting minutes and resolutions.
A company secretary also certifies documents as true copies of the originals required for opening a business bank account, submitting a loan application and other formal matters. They can also help you outsource accounting services, provide advice on corporate governance matters and help you comply with regulatory requirements. Check out ST Account to find out more.
Company Secretary Service Malaysia Will Delivered Their Service on Time
One of the most compelling reasons to outsource your company’s administrative needs is the assurance that corporate secretarial service providers will meet your deadlines. This is due to the highly-trained nature of their staff.
You can rely on them for unique insights and valuable feedback on optimising and improving your business from a financial and administrative standpoint, as they are most likely highly experienced and efficient with company administrative tasks. Many good companies, and secretarial service providers, can also provide individualised and value-added services tailored to your specific business needs.