At Lanturn, we are a corporate secretary that runs a digital platform. We have a team of experienced corporate secretaries with extensive knowledge of Singapore’s legal and compliance framework, and we have helped clients raise more than USD1 billion.
If you’re contemplating a move to a new corporate secretary, you may have questions regarding the paperwork involved. This article explains why you should choose Lanturn as your corporate secretary provider and outlines the steps involved in switching.
>600
>1500
companies incorporated
$2b
of capital assisted
Communication is key in a business relationship. If a corporate secretary does not communicate effectively or respond promptly, it may hinder the company’s decision-making process and, ultimately, impact its bottom line.
The role of a corporate secretary is to provide guidance and offer practical advice about statutory obligations set out by Accounting and Corporate Regulatory Authorities (ACRA). However, if a corporate secretary fails to communicate critical information about the company, it may lead the company to make ill-informed business decisions.
Whether it’s missing the deadline for filing its annual returns or making an error in documentation, these errors may result in hefty fines and heavy penalties, which will prompt companies to seek alternatives. You want a corporate secretary provider who understands your company’s needs so you can focus on growing the company
When a corporate secretary provider needs to pay more attention to thorough onboarding and platform training, businesses face challenges in maximising the benefits of features or services. This will only hinder their ability to optimise business processes and undermine their growth potential, regardless of location or time zone.
We understand the importance of support and are committed to providing personalised support tailored to your unique business needs.
Our cloud-based platform allows your business to access information conveniently and manage your workflows anytime and anywhere in the world, 24/7.
With our success in fundraising, we are dedicated to scaling with you as your business grows.
We understand the frustration of hidden fees. Our Discovery Calls with our experts ensure you won’t be surprised by unexpected hidden costs.
Our integrated technology combines the corporate documents in one place so you can easily access the information while allowing you to focus on what matters to you – growing your business.
Send your existing corporate secretary a termination letter and request a resignation letter.
Get the board resolution after your company’s board of directors has passed a resolution to approve the change in secretary.
Prepare Form 45B from ACRA, a consent form for the appointment of the new corporate secretary.
Send a resolution to ACRA indicating that your directors have approved the resignation of the company secretary.
