Public companies must hold an AGM at least once each calendar year in addition to other general meetings, except if they have only one member. A public company’s AGMs must be held within five months after the end of its financial year.
A company/corporate secretarial service is more than just sound record keeping. It goes to the heart of how business is run as well as the transparent disclosure of information between the management, board, investors, and the stakeholders. It includes legal and business advisory support.
A company secretary in Australia ensures smooth functioning of the administrative activities of a company. He/she is effectively the chief administrative officer and is legally responsible for acting on the company’s behalf to undertake specific requirements. At a primary level, the duties of a Company Secretary include ensuring the integrity of the governance framework, compliance with statutory and regulatory requirements, and implementing decisions made by the Board of Directors. While it may seem relatively straightforward and simple, there have been times when international companies have been fined due to the ineptitude or inexperience of company secretaries. Apart from being the mediator between the board of directors and the shareholders, a company secretary will also communicate with the outside world on behalf of the company.
Having a corporate secretarial service in Australia is extremely important for the efficient administration of a business. There are many benefits of hiring a company secretary for a company.
The professional service providers who are engaged in Corporate Secretarial Service have years of experience. It ultimately means that they have the expertise which is required to handle the position. They have handled a plethora of businesses in the past so they know how to adjust their services according to the specific needs of a company. They also continuously update their knowledge of the rules and regulations to ensure that their clients are up-to-date as well when it comes to regulatory requirements.
Corporate Secretarial Services are affordable as they come with a variety of packages. Besides, the company actually saves money by freeing up time normally required by members higher up in the organization.
By removing certain obligations from other officers of the company, the secretary can perform the duties and allow management the time that it needs to focus on the core activities of the business. Therefore, the time and cost of a company are saved.
Company secretarial service firms offer a comprehensive list of secretarial services to make sure that companies will be able to adhere to all compliance and reporting necessities. On top of that, they can provide you with other services that can effectively manage your business, such as helping you in legal and financial transactions and providing advice on bookkeeping or your tax concerns.
We offer the following company secretarial services in Australia:
Business Setup Worldwide is a platform to help you start your company in Australia. We specialize in company incorporation, registration, corporate secretarial services, accounting & bookkeeping, tax consulting, and intellectual property protection.
At Business Setup Worldwide, our team of professionals has the governance knowledge and experience that enables our clients to proactively and efficiently meet their obligations. We take pride in our ability to adapt to the market and devise innovative strategies to aid firms with their corporate strategy.
Business Setup Worldwide provides corporate secretarial services in Australia that are varied and are tailored to meet the specific needs of the clients. Our corporate secretarial team in Australia will act on your behalf, maintaining and filing the information as and when required by the Australian Securities and Investment Commission (ASIC). We support businesses with all their corporate secretarial needs on a cost-effective and timely basis. We will also take care of the myriad of time-consuming yet essential records, reports, and information that regulators demand.
Business Setup Worldwide’s proprietary business design techniques, combined with its specialized industry knowledge and global reach, enable companies to anticipate changes in customer priorities and the competitive environment, and then design their businesses and improve operations to seize opportunities created by those changes.