A company secretary must be a natural person and locally resident in Singapore. The position of company secretary must not be vacant for more than 6 months. The sole director of a company and the company secretary cannot be the same person.
How can I become a company secretary in Singapore?
The person should be a member of the Institute of Certified Public Accountants of Singapore (ICPAS) or should have been practicing as a company secretary for three or more years of the five years before being appointed as a company secretary of the company. CA (Singapore) members are recognised as well.
What is the qualification for company secretary?
To be the secretary of a public limited company (PLC), you’ll need to qualify with ICSA: The Chartered Governance Institute or already be an accountant, solicitor or barrister.
Is company secretary mandatory in Singapore?
The Company Law in Singapore mandates that every company must appoint a Company Secretary. The Company Secretary is responsible for ensuring that the company complies with the relevant legislations and regulations. … The Company Law defines the legal framework within which the Secretary and the directors must operate.
Is ICSA a degree?
In Malaysia, the FCIS and ACIS qualifications are recognised by the Government as equivalent to an Honours Degree whereas the Grad ICSA qualification is recognised as equivalent to a General Degree.
Can a CS become CEO?
A company secretary can be the CEO of the company too, which keeps his/her position close to the board of directors. … So, now you can understand that a CS in someone who is engaged in multiple areas for the effective administration of the company.
What is the work of CS?
A Company Secretary (CS) is a senior position in a private sector company or public sector organisation. … CS ensures that an organisation complies with relevant legislation and regulation, and keeps board members informed of their legal responsibilities.
Can CS earn in crores?
Most of our respected senior Company Secretaries are earning more than One Crore Annually. In Self Practice initially one can earn 15000/- per month but after experience of 5-10 years in practice one can earn Rs. 1 lac to Rs. … In NCLT and Bankruptcy Matter one can get professional fees in Crores.
Can anyone be a Company Secretary?
Natural person – A company secretary must be a natural person who is over 18 years of age (s 204B (1)); Disqualified persons – Generally, a person disqualified from managing companies under Part 2D. 6 may not be appointed as a company secretary.
What is the salary of CS topper?
Company Secretary CS Salary in India : Based on Experience
|Experience||Annual Average Salaries|
|1-4 years||INR 232,260 – Rs 770,450|
|5-9 years||INR 302,012 – Rs 1,468,135|
|10-19 years||INR 380,000 – INR 2,440,000|
|20 years or more||INR 1,768,743 – INRÂ 1,924,279|
What is the salary of CS fresher?
Candidates are only eligible to take the last CS exam three times in their life. Private companies pay new companies that pass the exam on their first try and earn an average salary of up to 4.1 lakhs per year. The fresher ones, who passed the second attempt, earn an average salary of 3 to 3.5 lacs per year.
What is the maximum salary of CS?
Highest reported salary offered as Company Secretary is ₹54lakhs. The top 10% of employees earn more than ₹42lakhs per year. The top 1% earn more than a whopping ₹50lakhs per year.