Partnership Act 1890 (Chapter 391): Primary legislation governing partnership dissolution in Singapore. Defines partners' rights, obligations, and winding up procedures. Critical for structuring the basic framework of the dissolution agreement.
Business Names Registration Act 2014: Regulates the requirements for business name de-registration and mandatory notifications to ACRA (Accounting and Corporate Regulatory Authority) during partnership dissolution.
Companies Act (Chapter 50): Applicable specifically for Limited Liability Partnerships (LLP). Contains provisions for winding up and dissolution of LLPs in Singapore.
Income Tax Act (Chapter 134): Covers tax implications of partnership dissolution, including requirements for final tax returns, clearances, and the treatment of asset distribution and tax liabilities.
Goods and Services Tax Act: Addresses GST deregistration requirements and final GST returns that must be handled during partnership dissolution.
Contract Law: General principles of Singapore contract law applicable to dissolution agreements, including requirements for mutual agreement and consideration.
Employment Act: Governs the treatment of employees during partnership dissolution, including requirements for employment contract transfers or terminations.
Property Law: Regulates the distribution and transfer of partnership property, assets, and liabilities during dissolution.
