What is a Statutory Secretary?

When you register a company in Singapore, you need a statutory secretary.

All companies registered in Singapore are required to have a company secretary who is a resident of Singapore. It is the responsibility of the company’s board of directors to appoint a qualified company secretary, and determine their salary package.

The position of Statutory Secretary of the Company may only be vacated in the event of the Secretary’s death, resignation or dismissal by decision of the directors. In the event that this happens, it is important that the position be filled within six months, as required by law. If there is no secretary, or the secretary is unable to perform his or her duties, the assistant secretary may take over the duties of the secretary until a new secretary is appointed.