Our Corporate Services
Messrs. Charles J.
S. Ah Lan, Principal, has attained a Post Graduate Diploma in
Corporate Secretarial Practice from the Institute of Chartered Secretaries
Australia & Institute of Chartered Secretaries and Administrators - United
Kingdom. He has been admitted as an ACIS
registered member of Chartered Secretaries Australia & ICSA (UK).
His
Chartered Company Secretarial experience has been extensive in the past six
years where he has acted in an advisory capacity to numerous board of directors
to Australian companies. He has also
been involved as an advisor to an Australian Leading Software House with the
development of a corporate compliance software that is available for numerous
jurisdictions.
Ah Lan Associates – Corporate Services specialises in
service and domain names, business names for sole traders, partnerships, joint
ventures, franchising, company incorporations, trusts and company secretarial
services for corporate compliance. Our experienced and dedicated team can give
your business the edge by providing full service for all your business services
solutions and corporate compliance and secretarial needs as well as any other
entity setup and compliance.
With the
enactment of CLERP 7, Corporate Secretarial Compliance became a very time
consuming and tedious administration workload. This was implemented to improve
the quality of public information stored on ASIC's company register.
Corporate
compliance is no longer a once a year activity, it has now become a continuous
activity all year long.
Most changes
to a company register must now be notified within 28 days, including all
capital and share holdings for private companies. This coupled with ASIC’s new
penalty regime has resulted in many fines being issued for non-compliance
especially in the area of failure to notify changes in the residential address
of officeholders and members within the prescribed time of 28 days from the
date of change. The penalty for this omission from officeholders is $1,100.00
and/or 3 months imprisonment.
Experience
has shown that the requirement of continuous disclosure coupled with the
penalties ASIC can and does impose upon late lodgements and late payment has
meant that those who take on the role of compliance must be diligent, organised
and have in place a workplace system which ensures that omissions and errors
are kept to a minimum.
What are your
choices in dealing with ongoing corporate compliance?
Continue to
provide this service in-house; or
I WANT TO KNOW MORE ABOUT THE CORPORATE SERVICES