Frequently Asked Questions

Is a company secretary mandatory for my company?

Whether a company secretary is mandatory depends on your business type. In Australia, public companies are required to have at least one company secretary under the Corporations Act. This role is critical for managing compliance, governance, and board administration.

For private companies, having a company secretary isn’t legally required, but it can be incredibly beneficial. They take on responsibilities like maintaining statutory registers, preparing resolutions, and ensuring deadlines for ASIC filings are met. This ensures the company stays organised and avoids penalties.

For ASX-listed companies, a company secretary is not just mandatory but essential. They ensure the business complies with ASX Listing Rules, manages continuous disclosure obligations, and handles shareholder communications. They’re often the backbone of the governance framework, advising the board on best practices.

If your company doesn’t require a full-time secretary, outsourcing can be a great solution. This gives you access to experienced governance professionals without committing to a full-time role. Even if it’s not mandatory, having a company secretary can save time, reduce risks, and improve how your business is managed.