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The Singapore Companies Act requires a Singapore Company to appoint a Company Secretary within 6 months after its incorporation or formation.
The appointed Company Secretary must meet the following requirements: The company secretary must be residing locally in Singapore and he/she must not be the sole director of the company.
The secretary of a public company must comply with section 171(1AA) of the Companies Act i.e. must possess at least one of the following qualifications: Been a secretary of a company for at least 3 of the 5 years immediately before his appointment as secretary of the public company.
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- Qualified person under the Legal Profession Act (Cap. 161).
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- Public accountant registered under the Accountants Act (Cap. 2).
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- Member of the Institute of Certified Public Accountants of Singapore.
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- Member of the Singapore Association of the Institute of Chartered Secretaries and Administrators.
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- Member of the Association of International Accountants (Singapore Branch).
- Member of the Institute of Company Accountants, Singapore.