by Wilber Suen | Apr 1, 2024 | Glossary
Striking Off refers to the process of removing a company’s name from the official register maintained by the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. Understanding the concept of striking off is important for businesses considering...
by Wilber Suen | Mar 28, 2024 | Glossary
A trademark is a form of intellectual property that identifies and distinguishes goods or services of one business from those of others. Understanding trademarks is essential for businesses to protect their brands, products, and services from unauthorized use and...
by Wilber Suen | Mar 28, 2024 | Glossary
A Temporary Bridging Loan (TBL) is a financial assistance program offered by the Singapore government to support businesses facing temporary cash flow constraints or financial difficulties, particularly during challenging economic periods such as the COVID-19...
by Wilber Suen | Mar 28, 2024 | Glossary
Temporary Employment Credit (TEC) is a government scheme in Singapore aimed at providing financial support to businesses to help offset the costs of hiring older Singaporean workers and re-employing eligible Singaporean workers aged 67 and above. Understanding the...
by Wilber Suen | Mar 28, 2024 | Glossary
The Unique Entity Number (UEN) is a unique identification number assigned to business entities registered in Singapore. Understanding the UEN system is essential for businesses operating in Singapore to facilitate regulatory compliance, business transactions, and...
by Wilber Suen | Mar 28, 2024 | Glossary
An unaudited financial statement is a financial report prepared by a company’s management without undergoing external audit scrutiny by independent auditors. Understanding unaudited financial statements is important for stakeholders to assess a company’s...
