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 Company secretarial services

Company Secretarial Solutions

At Praxis, we understand the importance of maintaining a robust corporate governance framework and specialist company secretarial (CoSec) support. With a 50-year history and a global team, we are well placed to support your business’ international needs.

We provide a full range of corporate secretarial services, including legal and statutory compliance, tailored to the unique requirements of international businesses. We work with private clients, family offices, funds, law firms and other professional advisers across our network of offices. Our team supports organisations at all phases of the business journey, ensuring their governance and compliance obligations are met promptly and efficiently so they can focus on their core business.

Our CoSec packages

We have two flexible solutions and our services can be offered on a transactional or ongoing basis. Our off-the-shelf company secretarial packages include: CoSec LITE, which offers essential compliance services and governance support and is ideal for businesses looking for assistance in meeting their statutory obligations; and CoSec Classic, which offers more extensive CoSec management services and is ideal for companies requiring a higher level of support. 

Praxis provides a full suite of corporate services to support clients from incorporation through to expansions, restructurings and closure. These include accounting and financial reportingprovision of directors, board meeting attendance and coordination, domiciliation and cash management.

 Company secretarial services

CoSec LITE

  • Provision of registered office and appointed company secretary
  • Annual confirmation statement and filing annual accounts
  • Filings and deadline reminders
  • Dedicated account manager
  • Mail scanning and forwarding
  • Director/member service address 
  • Maintaining statutory registers, books and records 
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Company secretarial services

CoSec Classic

  • All services included with CoSec LITE
  • One-off corporate health check and MOT
  • Minute preparation for new directors/CoSec, including appropriate registration with regional agencies
  • Minute preparation for other changes (e.g. address, name change, officer details) 
  • Share transfers and allotments
  • ICO review and registration/annual submission 
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Why choose Praxis?

Our CoSec services deliver technical expertise, an extensive global network, and a commitment to safeguarding your business through robust company compliance frameworks. We leverage market-leading technologies and an integrated approach to provide reliable company secretarial services that align with your business goals.

 

Frequently asked questions

Why outsource your CoSec work?

Outsourcing CoSec work allows companies to focus on their core business activities while ensuring compliance with legal and regulatory requirements. By leveraging the expertise of specialised professionals, organisations can streamline processes, reduce costs and mitigate the risks of non-compliance.

What does a company secretary do?

A company secretary ensures compliance with legal and regulatory obligations, maintains accurate corporate records, and facilitates effective communication between the board of directors, shareholders and regulatory authorities. They also assist in corporate governance, manage meetings and provide guidance on company law matters.

Is it necessary for every company to have a CoSec?

Having a company secretary is mandatory in some jurisdictions. Where it isn't mandatory, having dedicated CoSec support is highly recommended to ensure compliance with fast-moving legal and regulatory requirements. 

What are a company’s statutory records?

Companies are required to maintain various mandatory records, including registers of members, directors, and significant shareholders, as well as accounting records and minutes of meetings.

Additionally, they must file annual financial statements, confirmation statements, and other documents with the relevant regional Registrars, ensuring transparency and compliance with statutory obligations.

What is the difference between corporate governance and corporate compliance?

Corporate governance sets the framework for decision-making and accountability, whereas corporate compliance ensures that actions comply with relevant laws and regulations.

What are corporate secretarial services?

Corporate secretarial services cover a range of areas to ensure a company adheres to its legal and regulatory obligations. These services include maintaining statutory records, managing meetings, and ensuring company compliance.

Why is statutory compliance important?

Statutory compliance ensures that a company meets all legal requirements, which helps avoid penalties and maintains a good standing with regulatory bodies. Our compliance services are designed to keep your business in line with all necessary regulations.

Can company secretarial services be provided online?

At Praxis, we offer corporate secretarial services online, allowing you to manage and access your requirements efficiently, regardless of your location. As part of our offering, we utilise the Diligent platform, our secure market-leading board and entity management software.

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