Memorandum of Association

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...

Majority Shareholder

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...

Chief Executive Officer (CEO)

The term Chief Executive Officer, or CEO, refers to the most senior executive decision-maker in the company. In many instances, the term CEO and Managing Director (MD) is used interchangeably.   The Companies Act defines the CEO as a person who is principally...

Bookkeeping

Bookkeeping entails the systematic organisation, categorisation, and preservation of a company’s financial records. This process includes documenting transactions and keeping financial documents to oversee the financial well-being of a business. Nowadays, most...

Board Meeting

A board meeting in Singapore is a formal gathering of the directors of a company to discuss and make decisions on the company’s strategic, operational, and financial matters. These meetings are crucial for the governance and management of the company and...

Capital

Capital encompasses a wide array of assets that deliver value or benefits to their owners, including tangible assets like factories and machinery, intangible assets such as patents, and financial resources of both businesses and individuals. Though often equated with...