At Ventnor, we understand the importance of corporate secreterial duties and the significant monetary and time costs associated with them. Our experienced team provide efficient, cost effective solutions for both listed and unlisted entities to ensure compliance with the Corporations Act as well as ASX & NSX listing rule requirements.
Our Company Secretary Services involve:
– Regulatory Affairs
– Governance – Share Capital
– Share Issues / Reductions
– ASIC Compliance
– ASX & NSX Compliance (If Listed)
– Board Affairs
We’ve provided some frequently asked questions regarding Company Secretary Services below. If you require more information, or to discuss how we can assist your organisation, please contact us via our online form and a member of our team will respond as soon as possible.
A company secretary administers the regulatory affairs, governance, share capital, share issues or reductions, compliance function of the company as well as managing the business of the board. The role of a company secretary is a statutory role specifically covered by the Australian Securities and Investment Commission (ASIC).
The role of the company secretary is a critically important role to ensure a company is adhering the corporations and listing rule obligations. The role can be either a full time or outsourced role depending on the size of the company and the stage of the company’s evolution.
Yes, a director can also be a company secretary or joint company secretary.
To administer the regulatory affairs of the company with ASIC and (ASX and NSX if listed) and managing the various business matters on behalf of the board and company.
Whilst there are no formal qualifications an understanding on the Australian Corporation Law is a pre-requite. For companies that are listing on a public exchange such as NSX and ASX a detailed understanding on the listing rules is required. A qualifications in business, law, accountancy or public administration is also recommended.
There are resources and courses available at AICD and also the governance institute that come recommended.
When two people share the statutory company secretary role.