Global Link Asia Consulting’s Post

📚 Vocabulary for the Day: Company Limited by Guarantee! 📚 When running your company in Singapore, you probably come in contact with this special company structure: Company limited by guarantee or CLG, so, what is it, and how distinct it is from other legal structures? When a company operates under this structure, its members agree to contribute a predetermined amount of money in the event of the company being wound up. 🤝💰 This type of company is commonly used by non-profit organizations, clubs, and charities, aiming to pursue a specific social or charitable cause. 🏢❤️ Special note: The owner of... https://lnkd.in/gRxteNDN

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