by Willie Tan | Apr 12, 2024 | Glossary
A Non-Profit Organization (NPO) is dedicated to pursuing a particular social cause or mission, rather than generating profit for its owners or shareholders. NPOs are also sometimes referred to as not-for-profit organizations or charities. Here are some key...
by Willie Tan | Apr 12, 2024 | Glossary
A non-disclosure agreement (NDA), also known as a confidentiality agreement, is a legal contract between two or more parties that outlines confidential information that the parties wish to share for certain purposes, but wish to restrict access to or disclosure of by...
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...
