Southeast Asia Corporate Secretarial Services Market Report 2023 (Global Edition)

Global Southeast Asia Corporate Secretarial Services Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Southeast Asia Corporate Secretarial Services Industry growth. Southeast Asia Corporate Secretarial Services market has been segmented with the help of its Type, Application , and others. Southeast Asia Corporate Secretarial Services market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Southeast Asia Corporate Secretarial Services, by type

Company & Subsidiaries Formation

Company formation entails the registration of the company name and trading data, the appointment of a director, and the allotment of shares. Similarly, creating a subsidiary included the legal requirements, tax planning considerations, management, or operational concerns/opportunities. Corporate secretarial services help their clients with these requirements. In most firms, corporate secretarial services are an important element of the subsidiary management team. The corporate secretary's department oversees corporate organizational structure and, with input from the tax, legal, finance, and operational departments, assists in determining whether a portion of a business should be housed in a separate subsidiary, or whether an existing subsidiary should be dissolved or reconsolidated. The corporate secretary's office is also usually in charge of the subsidiaries' ongoing maintenance, such as keeping organizational documents, filing on behalf of the subsidiary, managing annual meetings, and ensuring that the subsidiary's directors and officers are properly elected and qualified to conduct transactions for the subsidiary

Compliance Services

The Companies Act of 2013 mandates several legal and regulatory requirements for businesses. To combat malpractices, the government is promoting companies' best governance standards. With the Companies Act's ever-changing rules and compliances, the necessity for expert assistance to comply with the legal requirements has multiplied. The clients/business partners can use corporate secretarial services to control and mitigate the risk of corporate non-compliance. These services try to meet the needs of their clients/business partners by making it as simple as possible for them to comply with the complicated requirements.

Statutory Record Maintenance

Maintaining certain records and registers is critical for an organization's efficiency and compliance with legislative requirements. Such records and registers are necessary for statutory, disclosure, statistical, and management information system (MIS) purposes. Keeping such documents helps to ensure that an organization's operations are well-organized. The corporate secretarial services help the companies to maintain and update the company’s statutory records including filling of transfers, the electronic filing with ACRA, maintenance of minute book, updating of company accounts, and annual reports. These services also review the available documents and implement key changes. It helps the company to prepare missing documents and set up properly registered records.

Corporate Housekeeping

Corporate housekeeping refers to anything that has to do with the upkeep of legal documents over their entire life cycle, from the time they are first drafted to the time they are no longer needed to be stored under applicable regulations. Corporate Secretarial Services assist clients with all affairs of corporate housekeeping. For example, preparation and filing of annual statutory reports, as well as, preparation and filing of shareholders’ resolutions and board resolutions, making amendments, as well as updates, to the trade register, register basic changes to the Articles of Association, management, and corporate secretarial assistance during the closure of transactions.

Share Capital Assistance

One of the foremost duties of a company secretarial service provider is to handle the affairs related to shares. These services assist the Board of Directors in the process of allotment, transfer, and transmission of shares because they are familiar with the procedure. Corporate secretarial services also help their clients in the submission of applications for additional share capital. Similarly, the corporate secretarial service must take steps to distribute shares to the former group of shareholders and arrange for the sale of rejected shares to the general public.

Advice & Assistance

One of the numerous functions of the corporate secretarial services is to act as a compliance advisor and to improve the internal and external workings of the firm. The skilled company secretaries assist with things such as appointing personnel to higher positions, thereby enhancing the firm's growth. The company documentation assistance for mergers, amalgamations, joint ventures, ESOP structuring, and external reconstruction schemes is also provided by corporate secretarial services.

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Southeast Asia Corporate Secretarial Services, by application

Listed Companies

A public business, also known as a publicly-traded company, publicly held company, publicly listed company, or public limited company, is one whose stock is designed to be freely exchanged on a stock exchange or in over-the-counter markets. A company secretary is required for every public limited company; however, the secretary can be in-house or outsourced. A very limited number of professional service providers can offer company secretarial services to listed companies. Whatever company needs are, they can offer clients with experienced company secretarial support – whether as a fully outsourced service or as ad hoc or project-based service. The services include managing meetings of the board, committees of the board, general meetings, and AGMs providing corporate governance consultancy to facilitate good decision making, providing cost-effective management of dormant subsidiaries, case managing litigation on behalf of the company, and many others.

Private Firms

The most senior administrative officer of a firm is the company secretary. Their job is to make sure the firm follows all basic financial and legal criteria set forth by the jurisdiction in which it was formed. It helps the firm in maintaining the company’s records, preparing and filing returns with the local registry, issuing reminders of accounting deadlines, providing access to the company’s records, routine changes such as a change in director, and others.

Charity

Company secretarial services perform a wide variety of important duties for non-profit organizations. Company secretaries serve as the liaison between the board, management, and members. Charity company secretarial services play an important role in strategy and trustee support. In support of trustees' financiers’ duties and compliance, they must face problems that much exceed those faced by private company secretaries. They give the board guidance and resources on governance and other relevant topics, such as governance issues that came up during a board meeting or a new change to state non-profit regulations that affect the organization. In addition, it helps to record accurate meeting minutes and is sensitive to any unique or confidential information discussed by board directors during meetings. Also, keeping non-profit’s records is one of the duties of company secretarial services. They are in charge of ensuring that records are correct and that they comply with all legal obligations, including annual filing dates.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Southeast Asia Corporate Secretarial Services market report 2023 Edition by contacting our team.

Southeast Asia Corporate Secretarial Services Market Regional Analysis

Region and country analysis section of Southeast Asia Corporate Secretarial Services Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Southeast Asia Corporate Secretarial Services market.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Company Profile:

PwC (Price Waterhouse Coopers)

PwC is professional service-based company, which operates under the brand PwC. The company offers several services such as:
•    Alliances and Ecosystem
•    Audit and assurance services
•    Consulting Deals
•    Entrepreneurial and private business
•    Corporate secretarial services
•    Mergers and acquisition services

Deloitte Touche Tohmatsu LLC

Deloitte Touche Tohmatsu LLC is a Japan based company and is a member of Deloitte Asia Pacific Limited and of the Deloitte Network in Japan. The company comprised of several firms affiliated with Deloitte Tohmatsu LLC that include Deloitte Touche Tohmatsu LLC, Deloitte Tohmatsu Consulting LLC, Deloitte Tohmatsu Financial Advisory LLC, Deloitte Tohmatsu Tax Co., DT Legal Japan, and Deloitte Tohmatsu Corporate Solutions LLC. 

The company is engaged in offering professional services to several industries such as consumer, government & public services, life sciences & health care, technology, media & telecommunications, financial services, and energy, resources & industrials.

The company offers wide array of services to their clients which includes 
     Audit & Assurance
     Risk Advisory
     Financial Advisory
     Consulting
     Tax
     Legal and related services

RECENT NEWS

March 2019

Deloitte Tohmatsu Group establishes a new group company Deloitte Tohmatsu Cyber LLC

Deloitte Tohmatsu Group has established Deloitte Tohmatsu Cyber LLC, a new group company which is aim to focused on proving consulting services on cyber security

Top Companies Market Share in Southeast Asia Corporate Secretarial Services Industry: (In no particular order of Rank)

• TMF Group
• PWC
• IQ EQ(Iyer Practice)
• VistraInCorp
• Hawksford
• Luther
• DeloitteX`
• KPMG
• Tricor
• Intertrust
• Equiom
• EY
• MC
• Ecovis
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables..