April 17, 2024
Building and Construction Authority (BCA)
The Building and Construction Authority (BCA) of Singapore is a statutory board under the Ministry of National Development. It plays a key role in regulating and promoting the…
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Articles and insights.
April 16, 2024
Goodwill
In the context of business and accounting, “Goodwill” in Singapore refers to the intangible asset that represents the excess of the purchase price of a company over the…
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PMETs
PMETs stands for “Professionals, Managers, Executives, and Technicians.” It’s a term commonly used in various countries, including Singapore, to refer to a specific segment of the workforce. PMETs…
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Royalties
Royalties are payments made to the owner of intellectual property (IP) for the use or exploitation of that property. This compensation is typically a percentage of revenue generated…
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April 14, 2024
Human Resource
Human resources (HR) refers to the management of an organisation’s workforce or human capital. It encompasses the policies, practices, and processes involved in recruiting, hiring, training, managing, and…
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Joint Venture
A joint venture (JV) is a business arrangement in which two or more parties collaborate to pool their resources, expertise, and capital to undertake a specific project or…
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April 14, 2024
Form M
In Singapore, Form M refers to the “Income Tax Return for a Non-Resident Individual” or “Form M”. This form is used by individuals who are not considered tax…
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Urban Redevelopment Authority (URA)
The Urban Redevelopment Authority (URA) is Singapore’s national urban planning and development authority. Established in 1974, the URA is responsible for planning and regulating land use, urban development,…
Read article ↗April 14, 2024
Will
A will is a legal document that outlines a person’s wishes regarding the distribution of their assets and the management of their affairs after death. A will allows…
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Trust
A trust is a legal arrangement in which one party, known as the settlor or grantor, transfers ownership of assets to another party, known as the trustee, to…
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