Friday, January 14, 2011

ACRA - Secretarial

Does ACRA require a qualified person to be the company secretary? Can any of the directors or staff, without any secretarial qualification, take the duty of secretary for fulfilling ACRA requirements?

5 comments:

  1. The rules have changed, perhaps to help start-up small companies.
    For a small registered company with ACRA, anybody who is not a shareholder or director of the company, and who is not a bankcrupt, could become the company secretary, of course with his agreement.

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  2. Extracted from ACRA FAQ

    Must a company appoint a company secretary?

    Section 171 of the Companies Act requires a company to appoint a company secretary. The office of secretary shall not be left vacant for more than 6 months at any one time.

    Private limited companies need not appoint a professionally qualified secretary. However a secretary must still be appointed.

    Only public companies must appoint a professionally qualified secretary. Examples of professionally qualified secretaries are lawyers, accountants and chartered secretaries.

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  3. Only Public Company and Company with foreign interest needs qualified secretary.

    Local Private Company, anyone that is not barred legally can do the job.

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  4. for local companies, seem that anyone can do it.

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