by Willie Tan | Apr 12, 2024 | Glossary
The Home Office Scheme in Singapore allows certain categories of businesses to operate from residential premises. It is administered by the Urban Redevelopment Authority (URA) and is designed to support entrepreneurship, flexibility in working arrangements, and the...
by Willie Tan | Apr 12, 2024 | Glossary
GIRO stands for “General Interbank Recurring Order.” It is a payment service commonly used in Singapore and some other countries. It allows individuals and businesses to make regular, automated payments to various service providers or organisations...
by Willie Tan | Apr 12, 2024 | Glossary
A minority shareholder is an individual or entity that holds a minority stake in a company, meaning they own less than 50% of the total outstanding shares of the company’s stock. As a result, minority shareholders typically have limited influence and control...
by Willie Tan | Apr 12, 2024 | Glossary
A Memorandum of Understanding (MOU) is a document that outlines the terms and details of an agreement or understanding between two or more parties. It is a formal, non-binding agreement that is a precursor to a more detailed contract or formal agreement. MOUs are...
by Willie Tan | Apr 12, 2024 | Glossary
The Memorandum of Association (MOA) is a legal document that serves as one of the founding documents of a company. It outlines the fundamental principles and objectives upon which the company is established and operates. The MOA sets out the company’s...
