by Wilber Suen | Mar 28, 2024 | Glossary
A Variable Capital Company (VCC) is a legal entity structure introduced by the Monetary Authority of Singapore (MAS) in 2019 to facilitate the formation and operation of investment funds in Singapore. Understanding the concept of VCC is essential for fund managers,...
by Wilber Suen | Mar 28, 2024 | Glossary
A Venture Capitalist (VC) is an individual or firm that provides financial capital to startup companies and small businesses with high growth potential in exchange for an equity stake. Understanding the role of venture capitalists is essential for entrepreneurs and...
by Wilber Suen | Mar 28, 2024 | Glossary
The Wage Credit Scheme (WCS) is a government initiative in Singapore aimed at providing financial support to eligible employers to encourage them to invest in employee wages and skills development. Understanding the Wage Credit Scheme is crucial for businesses to...
by Wilber Suen | Mar 28, 2024 | Glossary
Withholding Tax, as governed by Section 45 of the Singapore Income Tax Act, is a tax levied on certain types of income earned by non-resident individuals or companies in Singapore. Understanding the provisions outlined in Section 45 is crucial for businesses and...
by Wilber Suen | Mar 28, 2024 | Glossary
XBRL, which stands for eXtensible Business Reporting Language, is a standardised markup language used for the electronic communication of business and financial data. It facilitates the efficient exchange, analysis, and interpretation of financial information,...
