Frequently Asked Questions
Can a company secretary help with compliance issues?
Yes, a company secretary is vital in managing compliance issues for businesses. They ensure your company meets its legal and regulatory obligations, from maintaining statutory registers to filing required documents with ASIC or the ASX. For listed companies, they monitor compliance with ASX Listing Rules, including continuous disclosure requirements and governance reporting.
A company secretary also ensures compliance with the Corporations Act, helping the board avoid penalties for missed deadlines or overlooked filings. They can assist with tasks like drafting the Corporate Governance Statement, preparing for AGMs, and managing shareholder communications.
If your business is facing specific compliance challenges, an experienced company secretary can identify gaps and recommend solutions. This might involve streamlining internal processes, implementing governance frameworks, or training directors on regulatory requirements.
Outsourcing company secretary services is a practical way to address compliance issues without the cost of hiring full-time staff. External experts bring knowledge of industry best practices and the latest regulatory updates, reducing risks and ensuring your company remains compliant.
Whether managing ongoing compliance or addressing specific issues, a company secretary provides the expertise you need to navigate complex regulations confidently.