5 Advantages of Using a Company Secretarial Services
The Companies Act of 2013, its ongoing amendments, and the Limited Liability Partnership Act of 2008 have given company secretarial services a new role in the corporate sector. Issues with filing, correspondence, and statutory and legal compliance form the foundation of any organization.
The market for corporate secretarial services was worth US$835.5 million in 2017 and is projected to reach US$1,440.5 million by 2025, growing at a CAGR of 7.3% over the forecast period of 2018 to 2025.
The Associated Responsibilities of Secretarial Services
A company secretary now plays a crucial function because to the 2013 Companies Act. The tasks of a company secretary are crucial to how well a business runs. The primary accountability still rests with the directors, but they may be delegated to either an internal management of the organization or an outside company secretarial services provider like NetworkBD.
When you use our firm secretarial services, our professionals set up a variety of roles and responsibilities for you to participate in, including some of the following:
1. Take charge of compliance filing
Secretarial services are necessary to ensure that the business complies fully and continuously with the laws established in the 2013 Companies Act.
2. preserving the company’s legal records
Companies must keep a number of statutory records, such as the minutes book, share certificate, ROC documents, and various registers, in order to use company corporate secretarial services
- KMP and the Register of Directors
- Account of Charges
- Database of Allotments
- Transfers Register
- Members’ Register
- Transaction Register for Related Parties (s)
- Register of Investment and Holders of Debentures
3. Putting Corporate Governance in Place
Company secretarial services that are expertly performed guarantee that the director’s decisions and communications with shareholders are managed in compliance with the provisions of the Corporate Laws and based on best practices.
What Our Services Offer in Return
Our firm secretarial services enable an organization to concentrate on its regular business while increasing organizational effectiveness. The professionals that handle our company secretarial services are knowledgeable about business law and have a strong understanding of how to increase an entity’s effectiveness.
Considering these advantages may help you decide if using our corporate secretarial services is right for you if you’re still not sure.
The chores of filing all legalities and compliance issues, such as the internal operations of the company, are completed by our professionals.
2. Assistive role
One of the numerous duties performed by our secretarial services is to serve as a compliance counsel and to enhance the internal and external operations of the business.
3. Tasks are completed
Our knowledgeable corporate secretaries take care of all compliance and legal issues while relieving the company of any such issues.
With the help of our company’s secretarial services, you can free up a sizable number of financial and non-financial resources for use in other business endeavors.
5. Acquire knowledge
Continually working with various teams, our company’s secretarial services professional records activities, including rules and meeting times.
Find the Best Secretarial Services for Your Business
Our business secretarial services at NetworkBD Corporate Consulting provide a wide range of services, including company secretarial support as well as payroll and accounting support, among others.
When you work with us as a partner, you can rely on us and our secretarial services to provide you with knowledgeable advice and honest comments on methods for streamlining corporate operations.
As a firm, we like to go above and above by providing tailored services to make sure that your particular needs are satisfied with specialized solutions.
Take Advantage of Professional Corporate
Look no further than NetworkBD Corporate Consulting if you’re searching to engage a corporate secretary firm for your business.
In addition to corporate advisory and company secretarial services, NetworkBD Corporate Consulting also provides compliance health checks, company formation, regulatory clearances, and company closure. Our professionals carry out all of their duties as corporate secretaries quickly and effectively. If you would like more information or have any questions, please contact us.