The broadness and significance of the growing role of Company or Corporate Secretary has expanded notably in the course of recent years. It is an interesting part as the Company Secretary is often neither involved in management nor an individual from the Board itself. There are attempts to move the job past that of being the “managerial admin of the board” to one which includes the more extensive part to play, and legally in many countries the corporate secretaries have a huge role to play.
Inside any association, a Corporate Secretary’s obligations incorporate guaranteeing the honesty of the administration structure, being in charge of the proficient organization of the company, guaranteeing consistence with the laws and compliance with regulations and administrative necessities and brining about the choices made by the Board.
Company secretarial services can be outsourced and this can be a great way to make sure you’re getting an experienced and reputable option when it comes to your company secretary. If somebody hasn’t done the role before it can be really tough to get your head around and it is important to get the right person in place when you’re dealing with something with legal implications.
The person taking on this role should have great personal skills, be organized and good at keeping notes and records, as well as having some understanding of laws relevant to your business. Outsourcing these services can take away a lot of hassle!
This is an important role, not to be underestimated, making the right choice is vital for your business.