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Overview of Business Financing in Singapore Singapore stands as a vibrant hub for business, attracting entrepreneurs from across the globe. One of the critical aspects of establishing and sustaining a business in Singapore involves understanding the various financing methods available and the legal requirements that accompany them. Whether you are a startup or an established … Read more

Introduction to Company Liquidation Company liquidation in Singapore is a formal process to wind up a business, typically when it cannot meet its financial obligations. Governed by the Insolvency, Restructuring and Dissolution Act 2018, liquidation involves selling assets to pay creditors systematically. This process can be initiated voluntarily by company members or compulsorily by the … Read more

Understanding Breach of Contract in Singapore When it comes to business contracts in Singapore, understanding the nuances of a breach is critical for any business owner or legal practitioner. A breach of contract occurs when one party fails to fulfill their obligations as stipulated in the agreement. Under Singapore law, specifically the Contracts (Rights of … Read more

Understanding Intellectual Property in Singapore Intellectual Property (IP) plays a crucial role in protecting the creations of the mind, which can be a significant asset for businesses and individuals. In Singapore, the legal framework for IP is robust, governed by several acts including the Trade Marks Act, Copyright Act, Patents Act, and Registered Designs Act. … Read more

Overview of Credit Evaluation in Singapore In Singapore, credit evaluation is a fundamental process that determines an individual’s or business’s creditworthiness. It involves assessing the financial history, current financial situation, and the ability to repay debts. The importance of credit evaluation cannot be overstated, as it affects the interest rates offered on loans, the credit … Read more

Understanding Singapore’s Payment Laws Singapore, as a global financial hub, has a robust legal framework governing international payment systems. The primary legislation is the Payment Services Act 2019 (PSA), which came into effect on January 28, 2020. The PSA consolidates the oversight of payment services under a single legislation, providing clarity and coherence. It regulates … Read more

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Legal Requirements for Online Learning Platforms in Singapore Introduction to Online Learning In the digital age, online learning platforms have become a staple in education, offering flexibility and accessibility to learners around the globe. Singapore, known for its robust education system, has seen a surge in online learning platforms, especially in the wake of the … Read more

Key Elements of Franchise Agreements in Singapore Introduction to Franchising Franchising in Singapore has gained immense popularity as a dynamic business model that allows individuals to run a business under an established brand. The concept of franchising offers both opportunities and challenges. On one hand, it provides franchisees with the advantage of operating under a … Read more

Trade Finance Laws in Singapore Introduction Trade finance is an essential aspect of global commerce, facilitating transactions between importers and exporters. In Singapore, a leading international financial hub, trade finance is governed by a robust legal framework designed to promote transparency and efficiency while mitigating risks. This article delves into the trade finance laws in … Read more