Factors to Consider When Hiring a Corporate Secretary
Corporate Secretary Service Indonesia – Hiring a Corporate Secretary is one of the things that most businesses do after incorporation. As a fundamental role in a company, a company secretary does more than just file documents or perform basic tasks such as answering phone calls, and other administrative tasks.
A company secretary also shares legal advice and duties with company directors. In addition to legal activities, a designated company secretary is tasked with reviewing board procedures and corporate governance issues on a regular basis. This is regulated in the Financial Services Authority Regulation No. 35/POJK.04/2014 dated December 8, 2014 on the Corporate Secretary of Issuers or Public Companies.
With such an important role given to the company secretary, there are some important factors to consider before deciding on one. Here are some tips that you should consider before hiring a company secretary:
1. Clear understanding of corporate law in Indonesia
As the Corporate Secretary is the legal aid of the company, it makes sense to appoint someone who understands Indonesian laws and regulations. With an incompetent secretary, there may be a risk that your company violates certain laws and incurs penalties or brings yourself into a court case that is not in your favor.
For example, the company secretary of an auditing firm must know when to submit the audited annual report to the registrar, failure to do so will result in a non-ideal fine.
2. Proficient communication skills
Company secretaries act and represent the company when speaking to external stakeholders such as shareholders and directors. They should also be able to facilitate general meetings, annual general meetings as well as meetings with the directors of the company.
Read Also: Corporate Secretary, an Important Figure Behind Corporate Bureaucracy and Compliance
3. Strong administrative skills
Aside from being the ‘right-hand man’ of the company, company secretaries in Indonesia must also be able to handle other financial tasks such as tax return reporting and annual reports. They should also be able to take calls and answer any questions that customers may have.
4. Efficient financial skills
A company secretary should also be able to handle financial reports with ease, therefore it is only natural that the secretary you hire should have an above-average familiarity with financial knowledge. This will reduce the risk of misstatements made by inexperienced secretaries, causing the company to lose money due to simple information missed by inexperienced secretaries.
How Vital Is This Role?
Only qualified people or secretarial services are required for the important function of a company secretary. This is especially true because the responsibilities and roles of this position go beyond simple administrative tasks and include responsibilities that are critical to the survival of the company.
Don’t worry about developing your business by setting up a company in Indonesia, because Portcorp is here as a solution for your business, also when you need Corporate Secretary. Portcorp is your comprehensive corporate secretary service in Indonesia. With our presence, you can get a dedicated company secretary to support you to what you need. Our company secretaries will track deadlines and file paperwork so your business keeps running smoothly. Contact us now on +6221-5020-8090 for your business succeed in the future!
