The procedure for formally designating an individual to serve as the company secretary and recording this appointment in the official registry maintained by the Accounting and Corporate Regulatory Authority (ACRA) is facilitated through the BizFile+ platform. This process ensures compliance with Singapore’s Companies Act.
Adhering to the regulatory requirements for corporate governance and maintaining accurate records are crucial for a company’s reputation and legal standing. Properly documenting the appointment provides transparency to stakeholders and ensures compliance with statutory obligations. Historically, such appointments required manual paperwork, but the BizFile+ system streamlines the process, making it more efficient and accessible.
