by Willie Tan | Apr 9, 2026 | Glossary
DefinitionA Minimum Viable Product (MVP) is the simplest version of a product with just enough features to solve a core problem and validate customer demand. In Singapore, startups and SMEs use an MVP to test ideas quickly, reduce development costs, and gather real...
by Willie Tan | Apr 9, 2026 | Glossary
DefinitionA member of a Singapore company is a person or entity whose name is entered in the company’s register of members. In most cases, a member is a shareholder who owns shares in the company and has legal rights under the Companies Act 1967. When it matters When...
by Willie Tan | Apr 9, 2026 | Glossary
DefinitionLiquidity refers to a company’s ability to meet its short-term financial obligations using its readily available assets. In Singapore, liquidity is commonly assessed using financial statements filed with ACRA and is critical for ensuring businesses can pay...
by Willie Tan | Apr 9, 2026 | Glossary
DefinitionForeign Tax Credit (FTC) Singapore refers to a tax relief that allows Singapore tax residents to offset foreign taxes paid against Singapore tax payable on the same income. Therefore, it prevents double taxation when income is earned overseas and taxed both...
by Willie Tan | Apr 7, 2026 | Glossary
Whistleblowing refers to the act of reporting misconduct, illegal activities, or unethical behaviour within an organisation. In Singapore, employees, officers, or third parties typically report issues such as fraud, corruption, regulatory breaches, or workplace...
by Willie Tan | Jan 16, 2026 | Glossary
Transfer Pricing Documentation refers to the records Singapore companies prepare to demonstrate that related-party transactions are priced at arm’s length, in line with IRAS transfer pricing guidelines. In practice, this documentation explains how prices, fees, or...
