by Daryl Lum | Apr 12, 2024 | Glossary
A Certificate of Incorporation (COI) is a formal document that verifies the legal registration of a company. Typically issued by the company registrar or the Accounting and Corporate Regulatory Authority (ACRA), it becomes available for acquisition immediately upon...
by Daryl Lum | Apr 12, 2024 | Glossary
Arbitration is a form of alternative dispute resolution (ADR) where parties agree to resolve their dispute by a neutral tribunal, typically comprising at least one arbitrator, whose decision is binding. This method offers a private and confidential resolution process...
by Daryl Lum | Apr 12, 2024 | Glossary
Amortisation is the systematic allocation of the cost of an intangible asset over its useful life. In Singapore accounting, it spreads the expense of non-physical assets—such as software or licences—across accounting periods. As a result, it ensures expenses are...
by Daryl Lum | Apr 12, 2024 | Glossary
An acquisition refers to a transaction in which a company acquires a majority or all of another company’s shares to attain control over it. Such transactions are widespread in the business world and can occur either with or without the approval of the target...
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,...