What is a dividend
A dividend is a payment transaction that is made by a company to its shareholders. Individuals who buy shares in a company are entitled to receive this payment whenever the business entity they invested in makes a profit. Individuals and companies that buy shares…
What is insolvency
Insolvency is when your business is unable to pay its debts when they are due. This means that your company has negative assets and has entered into liquidation – thus filing for bankruptcy under the appropriate law. Many newly formed businesses within…
What is a joint-stock company
A joint-stock company is a type of business entity, which allows two or more parties to own stock in the company. This type of company has similar characteristics to that of partnerships, as they have individual parties that own a certain percentage of the business, however; the…
What is business registry
Business registry enables individuals or companies to establish a business within their chosen jurisdiction. It is a legal requirement of most jurisdictions and ensures that a business is operating under the lawful obligations of its control. The act of registering a business is…
What is gross revenue
Gross revenue is the total amount of money accrued by a business entity without the deduction of expenses. This is accumulated through the total sale of goods and services to consumers before the company deducts the money spent on expenses such as production cost…
What is capital gains tax
Capital gains tax is a type of tax that is levied on individuals who gain profit from selling or disposing financial assets. The capital gains tax rate differs from one jurisdiction to another, depending on the individual country’s governmental regulations in regards to tax…
What are shareholders
A shareholder is an individual or corporate body that buys shares in a public or private company. Shareholders are able to own a certain percentage of the company as they have legally purchased some of its shares. Most business entities formed are required to have a…
What is interest
Interest is a monetary fee that money borrowers are expected to pay in order to access the borrowed funds. Banks and other financial institutions tend to charge a certain percentage of interest on the amount of money borrowed. In order to register and form an offshore company, investors…
What are shares
Business entities tend to divide their capital into equal units which are referred to as shares. Individuals who buy shares are called shareholders as each individual share represents their ownership proportion a financial asset. Shares are a basic individual unit which represents how much…
What is stamp duty
Stamp duty is a type of tax levied on documents in order to denote that they are legally effective. Usually the stamp duty is in form of a physical stamp however, due to technological advancements, stamp duty is not a necessarily denoted with the use of a physical stamp…
