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The Malaysian Institute of Chartered Secretaries and Administrators (MAICSA) is the premier professional body for Company Secretaries and Governance Professionals with aims of promoting good governance and best practices in organisations.
Persatuan Setiausaha Syarikat Malaysia (Malaysian Association of Company Secretaries) or more commonly known as MACS is an independent, self-regulating local professional body established and registered under the Societies Act 1966 on the 30th November 1989 and is an Approved Body under Fourth Schedule of the Companies Act, 2016.
The roles and responsibilities of a Company Secretary in Malaysia are outlined in the Secretary Association, which is governed and regulated by the Company Commission of Malaysia. Here are the responsibilities of the Company Secretary at one glance: 1. An Officer of the company and advisor to the Board.
e-Secretary is an online application provided by SSM for registration to act as a secretary which is a requirement under section 241 of the Companies Act 2016. Upon approval of the application, practising certificate will be issued by SSM and the particulars of the approved applicant will be entered in the Register of Secretaries.
List of Registered Secretaries . Section 241 of the Companies Act 2016 has come into operation on 15 of March 2019 which requires any person who are qualified to act as a secretary to register with SSM and obtain Practicing Certificate before he can act as a company secretary.
How to be a Company Secretary in Malaysia? A person is considered a secretary of a company if he or she shares legal responsibilities with the director. Because it is an important administrative role, companies operating in Malaysia are required to appoint a company secretary.
The company secretary is an essential member of the company’s management, and it is a legal requirement that a secretary be appointed after the company’s incorporation. This guide will elaborate on the roles and duties of a company secretary in Malaysia.
