What are corporate services?
Corporate services are provided in corporate serviced offices that are just areas across corporate straw and administrative practice that addresses legal compliance and maintaining of legal and corporate records of a business.
This is done in order, for example, corporate services which include making sure that the shareholder’s meetings minutes are maintained in the books of the company that the board meeting are maintained also and documented. The team also prepares share certificates for businesses and maintain seals of businesses that act as company secretary for businesses. They verify documents as well and witness documents especially for submission with foreign authorities for businesses that operate on a cross border basis
Why do we need them?
Some of the corporate serviced offices are placed to provide corporate services to businesses through the region and also the firm should have a regional coverage that will enable them to serve businesses across several jurisdictions. But also, the corporate services get the benefit of a lawyer who knows the local law very well and who will be preparing those records to make sure that not only do they meet the international standards of the preparation in the records of your business but also they comply with local law.
The corporate services are the key support of the business so a team of subject matter experts is required that work on developing the day-to-day operations by supporting the companies day-to-day operations but also the long-term development of the group. The services range from IT, accounting, finance, legal, administration, logistics, and human resources.