by Willie Tan | Apr 12, 2024 | Glossary
A majority shareholder is an individual or entity that owns more than 50% of the total outstanding shares of a company’s stock. This means they have the largest ownership stake in the company relative to other shareholders. As a result, they often have...
by Willie Tan | Apr 12, 2024 | Glossary
A Model Constitution refers to a standardised set of rules and regulations that govern the internal workings and structure of an organisation, typically a company, association, or other legal entity. It serves as a template or framework for drafting the constitution...
by Willie Tan | Apr 12, 2024 | Glossary
A Private Limited Company, often abbreviated as Pvt Ltd or Pte Ltd, is a type of business entity that is privately held by a small group of shareholders. This business structure is commonly used in many countries, including the United Kingdom, India, Singapore,...
by Willie Tan | Apr 12, 2024 | Glossary
The Personalised Employment Pass (PEP) is a work pass issued by the Ministry of Manpower (MOM) in Singapore. It is designed for high-earning foreign professionals who wish to work and live in Singapore independently of any specific employer. The PEP allows holders...
by Willie Tan | Apr 12, 2024 | Glossary
The Personal Data Protection Act (PDPA) is a legislation or set of laws aimed at safeguarding the privacy and rights of individuals concerning their data. It establishes rules for the collection, use, disclosure, and protection of personal data by organisations. Key...