Document background
The Business Proposal Rejection Letter is a critical document used when a company needs to formally decline a business proposal in Singapore. It should be drafted with consideration of Singapore's legal framework, including the Contract Act (Cap. 43) and PDPA requirements. The document typically includes the proposal reference, clear rejection statement, brief explanation, and appropriate closing remarks. It serves multiple purposes: formally documenting the decision, maintaining professional relationships, and ensuring legal compliance while protecting both parties' interests.
