Abigail Wong
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Abigail is currently a third year law student in the National University of Singapore. She enjoys company law and her last year of not being in formal employment.

What constitutes money laundering?
Business,Business Advice

Reading Time: 9 minutesMoney makes the world go around. This phrase very aptly describes the reason behind the innumerable safeguards against money laundering. Money laundering can be defined as the process of converting money obtained from criminal activities into money that appears to have been obtained from legitimate means. The issue of money laundering has been in the […]

What is the difference between paid up and authorised capital?
Business,Business Advice,Regional Law,Startups

Reading Time: 5 minutesIn 2006, Singapore abolished the concept of authorised capital. This streamlined and simplified the evaluation process for investors to evaluate companies. The distinction between authorised and issued share capital can at times be misleading. However, the removal of the concept of authorised capital has made it much easier for companies to distinguish between the two […]