When trying to run your own business here in Malaysia, it is best to surround yourself with people to take on the many different roles instead of trying to do everything all by yourself. There are some things however that need the best person in place and one of these is an individual that can make sure that your business is being compliant but also carrying out many important duties and responsibilities. If your business is just beginning then it makes sense that you would try to save yourself money at the start and so this is why engaging with third-party providers makes perfect business sense.
When it comes to important individuals like the company secretary, finding the most suitable person can be more difficult than you think. As you are in cost saving mode, you can’t afford to hire a full-time person at this time which explains why many businesses turn to a provider that can supply them with the individual that they need. This is a very important position within any company and the following are just some of the top occasions when secretarial services can prove to be invaluable for your business.
- To ensure compliance – The right company secretary should be able to make sure that your business is compliant with all of the rules that the Malaysia government has put into place at this time. This particular task needs to be carried out properly and within a specified frame of time or your business will end up facing issues with the relevant government department as well as financial fines as well.
- To strengthen operations – It will be the company secretary’s job to always be thinking about your business first and how decisions can affect it in any way. You need someone who you can trust and who makes sure that operations are carried out in an efficient and competent manner. You expect this individual to make sure that proper focus is given to company operations as well as efficiency.
- To make important decisions – There will be many acts in place in Malaysia to make sure that businesses carry out good governance and properly regulate themselves. The knowledge and the experience needs to be there so that if you want to make changes within your overall company structure then they can carry out these changes for you and provide you with the peace of mind that every business owner should have. This will allow you to make better business decisions because the secretary will be able to provide you with the important information that you need.
When deciding on the third party provider that you would like to use, make sure that their employees are highly trained and that they can provide you with value for money and an excellent return on your overall investment. It makes sense to use this type of service at the beginning of your business venture as a cost saving exercise and to allow you to hit the ground running.
