What is the monthly company secretary retainer fee for?

The monthly company secretary retainer fee of RM80 covers several essential aspects. Here are the main reasons behind this fee:

1. Retainer fees as appointed Company Secretary: This is compulsory under the Companies Act 2016, requiring every company to appoint a qualified company secretary.
2. Using the Company Secretary's office address as the registered address: This is mandatory under the Companies Act 2016, ensuring that company statutory documents are kept at the registered address.
3. Updating company statutory records: This involves maintaining current information on directors, shareholders, agreements, etc., which is crucial for audit purposes.
4. Consultancy fees: These are incurred from time to time to provide advice on secretarial matters, SSM issues, and other related concerns for our clients.

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