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April 8, 2024
Knowledge capital refers to the intangible assets within an organisation that contribute to its ability to generate value and achieve its objectives. Unlike physical capital (e.g., buildings, machinery)…
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April 8, 2024
A nominee shareholder is an individual or entity who holds shares in a company on behalf of another person or entity, who is the ultimate owner. The nominee…
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April 8, 2024
A nominee director is an individual appointed to serve on the board of directors of a company on behalf of another person or entity. The nominee director’s primary…
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A Notice of Assessment (NOA) is an official document issued by a tax authority to taxpayers after they file their tax returns. The Notice of Assessment serves several…
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“Know Your Customer” (KYC) refers to the process that businesses and financial institutions undertake to verify the identity of their customers or clients. It is a regulatory requirement…
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The Job Support Scheme (JSS) is a program implemented by the Singapore government to provide financial support to employers and help protect local jobs during economic downturns, such…
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April 8, 2024
the Job Growth Incentive (JGI) was a program introduced by the Singapore government in response to the economic challenges posed by the COVID-19 pandemic. The JGI encourages employers…
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The IR8A form is a document used in Singapore for reporting an employee’s income to the Inland Revenue Authority of Singapore (IRAS). Employers in Singapore are to issue…
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The IR21 form, also known as the “Tax Clearance for Foreign Employees Leaving Singapore” form, is issued by the Inland Revenue Authority of Singapore (IRAS). It is used…
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The International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB), an independent, private-sector body based in London, United…
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