How to change or remove the company secretary in Singapore

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How to change or remove the company secretary in
Singapore
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• Along the course of your business, there
  might come a time when you feel the need of
  changing your company secretary in Singapore.
  This may be due to various reasons including
• A company secretary who can provide proper
  guidance and advice in relation to ongoing
  compliance regulatory requirements
• Excessive additional fees charged by the
  secretary (besides the annual retainer fee)
• Existing secretarys inability to articulate or
  communicate clearly about the firms secretarial
  matters

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• Irrespective of reasons, changing or removing
  company secretary in Singapore is possible and
  can be easily done if the procedure is carefully
  followed.
• This guide describes the procedure required
  for changing or removing a company secretary in
  Singapore.  

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Try resolving the issue first

• Before you think about changing or removing a
  company secretary in Singapore, making genuine
  efforts to resolve any issues with your existing
  secretary is highly recommended. It is always
  advisable to discuss with the providers first and
  seek for solutions if there were any differences
  or minor mistakes during the course of the
  services. 
• Similarly, if the reason is due to the pricing or
  quality of service, communicating your
  expectations to them may save you from the hassle
  of change/removal process.

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Changing secretary with his consent

• It is simple to change a Singapore company
  secretary with his consent.  
• If the Singapore company secretary is willing to
  resign, passing a board resolution to accept the
  resignation would suffice. Once accepted, ACRA
  filings would need to be made via bizfile website
  to notify them about the resignation.
• The following documentations are required for
  processing change of company secretary in
  Singapore

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• Resignation Letter from the previous secretary
• Directors Resolutions in Writing (DRIW). The
  document will store the details of the
  appointment of new secretary as well as the
  details about the previous secretarys
  resignation
• Form 45B is needed for the new secretary to
  indicate the persons consent to act as the
  companys secretary
• Lodgment to ACRA to notify them of the
  appointment of new secretary and resignation of
  previous one.

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Unconsented secretary removal

• Real complications arise when an outgoing
  Singapore company secretary needs to be removed
  from his position without his consent.
• Depending on the procedure agreed in
  Constitution
• If your outgoing company secretary is
  unwilling to sign his or her resignation letter,
  he or she will be removed from his/her position
  and the secretary will be informed of the
  companys decision. 

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• If the Companys Constitution has any particular
  provisions about the removal of the company
  secretary (such as shareholders approval ), the
  company must follow the provision according to
  the Constitution. 
• A directors' resolution will be sufficient to
  remove the Company secretary if the specific
  provisions of the Companys Constitution
  is absent.
• The company has to inform ACRA of the company
  secretarys removal, resignation and appointment
  within 14 days. Failure to inform the authority
  will result in late filing penalties.

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• Whether youre looking to change/remove or to
  appoint new company secretary in Singapore,
  ensuring that the process is taken care smoothly
  is imperative as one mistake may not only cause
  you late fee and penalties but it can also force
  you into serious legal consequences at times.
• At Precursor, our corporate secretarial services
  team provides clients with a one stop service to
  set up and do business in Singapore.

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• It can be a branch, representative, office,
  partnership, Singapore incorporated company or
  offshore entities our clients are assured that
  they can have the peace of mind to entrust us to
  do the setup and advise them on all the
  compliance matters.
• Our corporate secretarial services consist of
  but not limited to
• Formation of Local and Offshore Entities
• Appointment of Nominee Company Secretary and
  Directors
• Maintenance of Statutory Records, Minutes and
  Registers

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• For more information read this link
• http//precursor.com.sg/change-remove-company-secr
  etary-singapore/

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Contact us

• Precursor Group Pte ltd.
• Address 60 Albert Street 14-04 OG
  
• Albert Complex Singapore
• (189969)
• Phone [phone]
• Email id clients_at_precursor.com.sg
• Website http//precursor.com.sg

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