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So far Web Admin has created 129 blog entries.

What is an Employee Stock Option Plan (ESOP)

An Employee Stock Option Plan (ESOP) is a form of Employee Share Ownership. An Employee Stock Option Plan gives employees the right to purchase shares of the company at a predetermined price within a particular time frame. There are a variety of reasons for implementing an ESOP in a company. An ESOP may be used [...]

2019-08-18T16:27:15+08:00August 18th, 2019|What Is...|

What is a sole proprietorship

A sole proprietorship is a business that is owned by an individual. There are no other individuals involved in this business. The three characteristics that define a sole proprietorship are: 1) It is not a separate legal entity from the business owner When dealing with a sole proprietorship, it is akin to dealing with the [...]

2019-08-18T16:24:34+08:00August 8th, 2019|What Is...|

How to convert a sole proprietorship or limited liabilited partnership to a company

There are a whole host of reasons why a company structure is a more effective business structure and from time to time, sole proprietors or limited liability partnerships may decide to convert their business structure to a company. There are some pros and cons to converting to a company and these should be well thought [...]

2019-08-06T22:38:21+08:00August 6th, 2019|Useful Articles|

The Variable Capital Companies Act 2018

On the 1st of October 2018, the Singapore parliament passed the Variable Capital Companies Act. The act was assented to by the President on the 31st of October 2018. The Variable Capital Companies Act provide for the incorporation, operation and regulation of new corporate entities called Variable Capital Companies. A Variable Capital Company (VCC) has [...]

2019-07-23T15:54:19+08:00July 23rd, 2019|Useful Articles|

How to set up a Social Enterprise in Singapore?

A Social Enterprise is a typical company. It is basically a normal, typical company which is profit driven and the incorporation process is basically the same as starting a new company because a starting a Social Enterprise is starting a normal, typical company. There is no special SSIC code which companies must place on their [...]

2019-07-05T13:57:04+08:00July 5th, 2019|Useful Articles|

Why Singapore is a good place to start a business

If you were to start a business, namely in Asia, you would inevitably factor in starting it in Singapore, among others. Here are some reasons which may compel you to eventually start your business, and company, in Singapore.   1) Singapore has one of the lowest corporate taxes in the world The corporate tax rate [...]

2019-07-02T10:27:43+08:00July 2nd, 2019|Useful Articles|

Do I need a company common seal and a company stamp?

Company common seals and company stamps are common items which companies may use on documents. There is a difference between the two and companies can decide whether to have them or not.   Company common seal A company common seal is an official seal used by the company to endorse documents like share certificates, deeds [...]

2019-06-30T17:47:57+08:00June 30th, 2019|Questions and Answers|