by Willie Tan | Apr 11, 2024 | Glossary
An offshore bank is a financial institution outside the depositor’s home country. These banks are typically located in jurisdictions that offer favourable regulatory and tax environments, often known as offshore financial centres. People may choose to open...
by admin | Apr 9, 2024 | Glossary
Startup SG Tech is an initiative by the Singaporean government designed to support deep-tech startups in their research and development (R&D) efforts. Understanding Startup SG Tech is crucial for technology-driven entrepreneurs seeking funding and resources to...
by admin | Apr 9, 2024 | Glossary
The Startup SG Founder Grant is a government initiative in Singapore aimed at supporting aspiring entrepreneurs in starting and developing their innovative startups. Understanding the Startup SG Founder Grant is essential for individuals with entrepreneurial...
by admin | Apr 9, 2024 | Glossary
A Special Purpose Vehicle (SPV) is a legal entity established for a specific and limited purpose, often used in finance, investment, and business transactions. Understanding SPVs is essential for investors, businesses, and financial professionals seeking to structure...
by admin | Apr 9, 2024 | Glossary
A social enterprise is a business entity that prioritises social or environmental goals alongside generating profits. Understanding social enterprises is essential for individuals, businesses, and policymakers interested in leveraging entrepreneurship for positive...
by admin | Apr 9, 2024 | Glossary
SkillsFuture is a national movement initiated by the Singaporean government to empower individuals to develop their skills and pursue lifelong learning opportunities. Understanding SkillsFuture is essential for individuals, businesses, and educational institutions...
by admin | Apr 9, 2024 | Glossary
The Singapore Quick Response Code (SGQR) is a standardized QR code system introduced by the Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA) to simplify and streamline electronic payments. Understanding the SGQR is essential...
by admin | Apr 9, 2024 | Glossary
A Shelf Company, also known as an “off-the-shelf company” or “ready-made company,” refers to a pre-registered company that has been incorporated and is kept “on the shelf” ready for immediate purchase and use. Understanding the...
by admin | Apr 9, 2024 | Glossary
A Shareholders Agreement is a legally binding contract entered into by shareholders of a company, outlining their rights, obligations, and responsibilities. It is designed to govern the relationship between shareholders and regulate key aspects of corporate governance...
by admin | Apr 9, 2024 | Glossary
Share capital refers to the total value of shares issued by a company to its shareholders. Understanding share capital is essential for investors, shareholders, and company officers as it represents the ownership stake in the company and contributes to its financial...
