Contract Law Act 1999: Primary legislation governing contract formation, validity, and enforcement in Singapore
Partnership Act (Chapter 391): Regulates the formation, operation, and dissolution of partnerships in Singapore
Companies Act (Chapter 50): Governs corporate entities and their operations in Singapore
Competition Act (Chapter 50B): Ensures fair competition and prevents anti-competitive practices in business partnerships
Electronic Transactions Act: Provides legal framework for electronic contracts and digital signatures
Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data in business operations
Consumer Protection (Fair Trading) Act: Protects consumer interests and ensures fair trading practices
Non-Binding vs. Binding Elements: Legal requirement to clearly specify which provisions are binding and non-binding in the LOI
Due Diligence Requirements: Legal obligations including anti-money laundering compliance, KYC requirements, and business registration verification
Regulatory Compliance: Industry-specific regulations, licensing requirements, and foreign investment restrictions
Contractual Elements: Essential components including consideration, capacity to contract, clear terms, and dispute resolution mechanisms
Cross-Border Considerations: International trade regulations, currency exchange provisions, and jurisdiction clauses for international partnerships
