April 13, 2024
Enterprise Innovation Scheme
The Enterprise Innovation Scheme (EIS) is a funding initiative in Singapore aimed at supporting local Small and Medium Enterprises (SMEs) in their efforts to innovate and grow. The…
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April 13, 2024
National Registration Identity Card (NRIC)
The National Registration Identity Card (NRIC) is an official identification document issued to citizens and permanent residents of Singapore. It serves as a primary means of identification for…
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April 13, 2024
Company Limited by Guarantee (CLG)
A company limited by guarantee (CLG) is a legal entity commonly used by non-profit organisations, charities, clubs, associations, and other similar entities. Unlike a traditional company limited by…
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April 12, 2024
Non-Profit Organisation (NPO)
A Non-Profit Organization (NPO) is dedicated to pursuing a particular social cause or mission, rather than generating profit for its owners or shareholders. NPOs are also sometimes referred…
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Non-Disclosure Agreement (NDA)
A non-disclosure agreement (NDA), also known as a confidentiality agreement, is a legal contract between two or more parties that outlines confidential information that the parties wish to…
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Home Office Scheme
The Home Office Scheme in Singapore allows certain categories of businesses to operate from residential premises. It is administered by the Urban Redevelopment Authority (URA) and is designed…
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GIRO
GIRO stands for “General Interbank Recurring Order.” It is a payment service commonly used in Singapore and some other countries. It allows individuals and businesses to make regular,…
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Consideration
The principle of consideration is a fundamental concept in contract law that requires each party to an agreement to offer something of value in exchange for receiving a…
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Holding Company
In Singapore, a holding company is a type of business entity whose primary purpose is to own shares in other companies, which are referred to as its subsidiaries.…
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Charge
In company law, a “charge” refers to a form of security interest granted over an asset or set of assets by a company (the chargor) to a lender…
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