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Colleagues discussing documents in a meeting

April 11, 2024

Payroll

Payroll refers to calculating and disbursing payments to employees of a company or organisation for the work they have performed during a specific period, typically regularly such as…

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Singapore waterfront and business district

April 11, 2024

PayNow

PayNow is a peer-to-peer funds transfer service in Singapore that enables users to send and receive money instantly using their mobile phone numbers or National Registration Identity Card…

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Marina Bay Sands and Gardens by the Bay in Singapore

April 11, 2024

Partnership Agreement

A Partnership Agreement in Singapore is a legally binding document that outlines the rights, responsibilities, and obligations of the partners in a partnership. It serves as a contract…

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Singapore waterfront and business district

April 11, 2024

Partnership

In Singapore, a partnership is a business structure where two or more individuals (partners) come together to carry on a business to profit. There are two main types…

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Marina Bay Sands and Gardens by the Bay in Singapore

April 11, 2024

Paid-up Capital

Paid-up capital, also known as paid-in capital or contributed capital, refers to the portion of a company’s equity that has been paid for by investors in exchange for…

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Singapore waterfront and business district

April 11, 2024

Offshore Company

An offshore company is a legal entity incorporated or registered in a jurisdiction outside of the company owners’ home country. These jurisdictions, commonly known as offshore financial centres,…

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Marina Bay Sands and Gardens by the Bay in Singapore

April 11, 2024

Offshore Bank

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…

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Marina Bay Sands and Gardens by the Bay in Singapore

April 9, 2024

Startup SG Tech

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…

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Singapore waterfront and business district

April 9, 2024

Startup SG Founder Grant

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…

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Marina Bay Sands and Gardens by the Bay in Singapore

April 9, 2024

Special Purpose Vehicle

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…

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