While private companies no longer need a company secretary, the duties nevertheless still exist.
Company secretarial administration is an essential legal requirement in running a company. Maintenance of proper statutory records and filing documents with the Registrar of Companies are all required for statutory compliance, but this is only a part of the far wider duties. The duties of the Company Secretary include advice to the directors of their responsibilities imposed by Companies Acts and preparation of all Minutes and other related documentation.
Many of our clients who take advantage of our business support service find that some of the costs of the monthly accounting function may be offset by savings in year-end compliance costs.