Business Laws and Regulations
Learn about the key laws that may impact the day-to-day operations of your Singapore company. Explore how Singapore’s efficient, red-tape free approach to governance makes it easy to comply with its laws and regulations.
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Singapore offers a well-functioning, efficient and corruption-free legal system. The system is designed to ensure that your rights and contracts are honored and disputes can be resolved quickly and cost-effectively.
Singapore provides some of the most robust protection for IP rights in the world. The country has adopted the IP Hub Master Plan to make itself a premier center for IP asset hosting and dispute resolution.
All Singapore companies must comply with the employment laws of the country. Singapore’s Employment Act is fair and efficient; it extends several benefits to employees. All employment contracts of your company must conform to the employment laws or they will not be enforceable.
When choosing where to start your company, you should consider whether that country’s laws will support your contracts and agreements and whether its legal system will fairly, quickly and cost-effectively adjudicate any disputes about them. Singapore provides a legal environment where contract sanctity is respected and enforced.
All Singapore companies are required to obtain the consent of an individual (such as a customer or employee) before they can collect, use, or disclose any personal information related to that individual.
Singapore has enshrined strong laws to mandate that market participants do not engage in anti-competitive behavior that can hurt consumers or other firms.
Singapore businesses must follow the guidelines of the Electronic Transactions Act when executing any electronic contracts, electronic communications or maintaining electronic records.
While Singapore’s defamation laws can protect you and your business from defamation, they also place certain limits on you and your business' free speech rights. Learn these nuances.