by Willie Tan | Apr 2, 2024 | Glossary
A Double Taxation Agreement (DTA), also known as a tax treaty or tax convention, is an agreement between two countries that aims to eliminate or mitigate the double taxation of income or gains arising in one country and received by residents of the other country....
by Willie Tan | Apr 2, 2024 | Glossary
A dormant company is a legal entity, typically a corporation or a limited liability company (LLC), registered with the relevant government authority but is not actively trading or engaged in any significant business activity. While the company remains in existence and...
by Willie Tan | Apr 2, 2024 | Glossary
A dividend voucher is a document issued by a company to its shareholders to provide formal notification of the dividend payment they are entitled to receive. It is evidence that the shareholder is entitled to the declared dividend and typically includes important...
by Willie Tan | Apr 2, 2024 | Glossary
A dividend is a payment made by a corporation to its shareholders, typically in the form of cash or additional shares of stock. Dividends are distributed from the company’s earnings or profits and are usually declared and approved by the company’s board of...
by Willie Tan | Apr 2, 2024 | Glossary
A directors’ resolution in writing, also known as a written resolution of directors or board resolution, is a formal document used by the board of directors of a company to make decisions or authorise actions outside of a formal meeting. It is for directors to...
by Willie Tan | Apr 2, 2024 | Glossary
A digital bank, also known as an online or virtual bank, is a bank that operates primarily or exclusively over the Internet and digital channels, rather than through physical branches. Digital banks offer financial services and products, including savings accounts,...
