Companies Act (Chapter 50): Primary legislation governing corporate entities in Singapore, regulating business structures, corporate governance, and business transactions
Sale of Goods Act (Chapter 393): Regulates the sale of goods and business assets, defining rights and obligations of buyers and sellers
Contract Law (Chapter 2): Fundamental legislation governing formation and enforcement of contracts in Singapore
Competition Act (Chapter 50B): Regulates anti-competitive practices and ensures fair market competition in business transactions
Employment Act (Chapter 91): Governs employment relationships and worker rights, crucial for business transfers involving employees
Central Provident Fund Act (Chapter 36): Mandates social security savings system and employer obligations for local employees
Employment of Foreign Manpower Act (Chapter 91A): Regulates employment of foreign workers and related business obligations
Land Titles Act (Chapter 157): Governs property ownership and transfer if business includes real estate assets
Trade Marks Act (Chapter 332): Protects and regulates transfer of trademark rights in business acquisitions
Patents Act (Chapter 221): Governs patent rights and their transfer in business acquisitions
Copyright Act (Chapter 63): Protects and regulates transfer of copyright and intellectual property in business sales
Income Tax Act (Chapter 134): Governs taxation implications of business transfers and acquisitions
Goods and Services Tax Act (Chapter 117A): Regulates GST implications in business transfers and continuing operations
Personal Data Protection Act 2012: Governs the collection, use, and transfer of personal data in business transactions
Consumer Protection (Fair Trading) Act: Ensures fair trading practices and consumer rights in business operations
Due Diligence Requirements: Legal obligation to investigate and verify business assets, liabilities, and operations before purchase
Asset vs Share Purchase Considerations: Legal implications and structural differences between buying business assets versus company shares
Regulatory Approval Requirements: Necessary governmental and regulatory approvals required for business transfer depending on industry
