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|Total Solutions Middle East is the leading compliance consultancy and training service company in the Dubai established in 2004, We provides HR Solutions, contracting, outsourcing and Payrolling services as well.|
Why a large number of companies are outsourcing secretarial services?
If you are business person, you would want to ensure that the processes in your office run flawlessly while remaining confined to the legal guidelines. Here, a director of a company is held more responsible for these duties.
Do you understand your responsibilities being the Director of the Company, and what you should do to keep the processes running smoothly?
You may find yourself in a situation when it becomes difficult to decide how to act if there appears to be a number of interested parties with apparently clashing ideas. The company comes first is the rule that should be applied here, even for one-man companies. It clearly means that director /shareholder may not put their interest above the company.
In general, a director must act in the favor of the company, not in the interest of a third party, even the shareholders. However, not everyone may have time or other resources to take this responsibility. Herein, using corporate secretarial services can help.
Both large and small scale companies are outsourcing company secretary services. This trend is being followed worldwide, and there are many good reasons to go for it. In the past, not many companies did this as they preferred to keep this role in-house – the reason being they have more control of the position with an in-house team.
If outsourcing, they first need to make sure that the services are reliable and accountable – just the way an in-house team is responsible.
With the changing business trends, these services are highly demanded by professionals across the world. Perhaps the main reason is that they can now identify the benefits of working with these professionals. Or maybe, they have noticed the rise of many professional companies offering reliable secretarial services.
Also, outsourcing seemed to be a costly option for those who didn’t realize the benefits of outsourcing these services over hiring an in-house team. However, the rise of many good companies offering these services has created competitive pricing. Businesses with an eagle’s eye on the market have identified this trend and take a step ahead to avail the benefits. Analyzing the price and quality of services, businesses have realized that they could actually entrust the responsibilities to a third-party to maintain corporate compliance.
The biggest advantage of outsourcing company secretary services is that doing so gets you more time and opportunity to focus on the core aspects of your business. Contrary to what prevailed in the past, businesses can actually earn impressive results if they hire secretary services from a third party. And, this is when companies can rest assured that they are taking better care of the technical aspects.
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