by Wilber Suen | Apr 1, 2024 | Glossary
A Sole Proprietorship is a type of business structure where an individual, known as the sole proprietor, owns and operates the business on their own. Understanding the concept of a sole proprietorship is essential for individuals considering starting a business and...
by Wilber Suen | Apr 1, 2024 | Glossary
The Special Employment Credit (SEC) is a government initiative in Singapore aimed at providing financial support to employers who hire older Singaporean workers and persons with disabilities (PWDs). Understanding the Special Employment Credit scheme is important for...
by Wilber Suen | Apr 1, 2024 | Glossary
The Sponsored Employment Pass is designed to facilitate the hiring of foreign professionals with specialized skills and expertise by Singaporean employers. Key points about the Sponsored Employment Pass include: Employer Sponsorship: The Sponsored Employment Pass...
by Wilber Suen | Apr 1, 2024 | Glossary
Striking Off refers to the process of removing a company’s name from the official register maintained by the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. Understanding the concept of striking off is important for businesses considering...
by Wilber Suen | Mar 28, 2024 | Glossary
A trademark is a form of intellectual property that identifies and distinguishes goods or services of one business from those of others. Understanding trademarks is essential for businesses to protect their brands, products, and services from unauthorized use and...