Why do secretarial firms collect annual fees upfront?
Because the statutory duties run for the whole year whether or not you trade — deadlines are tracked, the registered office receives mail, and the secretary remains legally accountable throughout. Annual-in-advance is standard market practice. What varies between firms is whether the amount and what it covers are stated plainly before you pay.
Also asked as: pay upfront company secretary fee; yuran setahun awal kenapa; advance payment secretary malaysia.
Key facts
- Duties run year-round regardless of activity
- Annual-in-advance is market standard
- The differentiator is disclosure, not the model