A Company Secretary is a natural person who is at least 18 years of age and a member of any professional body nominated by the Ministry of Domestic Trade, Cooperative and Consumerism. This person also must have his place of residence in Malaysia.
Who is qualified to be a Company Secretary?
A Firm or body corporate formed by and consisting of members qualified as either Chartered Secretaries, Legal Practitioners, Chartered Accountants or Experienced Secretaries can act as Company Secretaries.
Does Company Secretary need any qualifications?
Education and training
To become a company secretary, it is vital that you possess a degree or professional qualifications in business, law, accountancy or public administration. You are also required to demonstrate relevant business experience in the areas such as pensions, personnel, accounts, credit control, etc.
Can a director be a Company Secretary in Malaysia?
Yes, a person who is a single director (who is also the single member) can act as the secretary of the company.
Can a chartered accountant become a Company Secretary Malaysia?
It’s clearly stated in the Companies Acts 1965 Section 139A (a) & (b) that the following persons can be company secretary: Chartered Accountant (He/she must be registered under Malaysian Institute of Accountants (MIA) ) … Lawyer (He/she must be register with Malaysian Bar, or relevant authorities)
Can anyone be a secretary?
Prospective secretaries need a combination of education and work experience before becoming certified. If they only hold a high school diploma, they need to obtain at least four years of work experience. If they have an associate’s or a bachelor’s degree, they need at least three years of experience.
How can I become a secretary in Malaysia?
How Can I become a Secretary in Malaysia?
- The person shouldn’t be less than 18 years old.
- He or she should be a resident of Malaysia.
- The person should be a qualified Chartered Accountant or.
- He or she must be registered with the Malaysian Institute of Accountants (MIA) or.
How many years does it take to become a company secretary?
Courses & Duration
The CS (Company Secretary) is a 3 years professional course equivalent to the UG degree. The CS course is conducted by the ICSE (Institute of Company Secretaries of India).
Can a company have 2 Company Secretary?
Note that a Company Secretary (C.S.) who is appointed as key Managerial personnel shall not hold office in more than one company except in its subsidiary company at the same time.
Can one person be a director and Company Secretary?
Yes, the Director can be appointed as a Company Secretary although the Company Secretary is no longer a mandatory appointment. However, in the case of a PLC the company needs to have two Directors AND a Company Secretary.
Can MIA member become Company Secretary?
Companies Act 1965, allows MIA members to act/practise as Company Secretaries without further registration. Eligible to apply to the Ministry of Finance (MOF) for approval as a company auditor and liquidator as per MOF’s requirements. Eligible to apply to the MOF for tax agent licence with relevant experience.
Can I become Company Secretary?
Stages to become a Company Secretary. Executive Programme can be pursued by a Graduate of all streams except Fine Arts. ADMISSION TO THE CS COURSE is open throughout the year. Examinations are held twice a year in June & December.
Can a lawyer be a Company Secretary?
Tested from the touchstone of regulation 168 can it be said that the decision taken by the Council of the Institute on 24-4-1990 that it shall not allow advocates to practise as Company Secretaries suffers from any arbitrariness or illegality. Our plain answer is in the negative.