April 12, 2024
Personal Data Protection Act (PDPA)
The Personal Data Protection Act (PDPA) is a legislation or set of laws aimed at safeguarding the privacy and rights of individuals concerning their data. It establishes rules…
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April 12, 2024
Venture For Good Grant (VFG)
The Venture For Good Grant (VFG) is an initiative by the Singaporean government aimed at supporting social enterprises and startups that have a positive impact on society and…
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April 12, 2024
Tax Identification Number (TIN)
A Tax Identification Number (TIN) is a unique identifier assigned to individuals or entities for tax purposes by tax authorities in Singapore and other jurisdictions. Understanding the concept…
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Tag Along
Tag Along is a provision commonly found in shareholder agreements or company bylaws that protects minority shareholders’ interests in the event of a sale of a significant stake…
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April 11, 2024
Permanent Resident (PR)
A Permanent Resident (PR) is an individual who has been granted the right to reside indefinitely in a country where they are not a citizen but hold the…
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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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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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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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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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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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