Sale of Goods Act (SOGA): Primary legislation governing the sale of goods and business assets, defining fundamental rights and obligations of buyers and sellers in the transaction
Companies Act: Regulates corporate transactions and business transfers, including requirements for company resolutions and necessary approvals for the sale
Employment Act: Governs the transfer of employees, their rights and obligations, and notice requirements during business transfer
Competition Act: Addresses merger control provisions and anti-competitive practices that may arise from the business sale
Stamp Duties Act: Covers stamp duty obligations and property transfer taxes applicable to the business sale transaction
Goods and Services Tax Act: Addresses GST implications of the business sale and tax treatment of different types of assets being transferred
Income Tax Act: Covers tax implications of the sale including capital gains considerations and tax liabilities
Property Law: Governs real estate aspects of the transaction including property transfers and lease assignments
Intellectual Property Laws: Regulates the transfer of IP assets including trademarks, patents, copyrights, and licensing arrangements
Personal Data Protection Act (PDPA): Governs the transfer of customer and employee data, ensuring privacy compliance during business transfer
Industry-Specific Regulations: Particular regulatory requirements specific to the industry in which the business operates
Licensing Requirements: Regulations regarding transfer or reissuance of business licenses and permits
Foreign Ownership Restrictions: Laws governing foreign ownership of businesses and assets in Singapore
Exchange Control Regulations: Requirements related to currency exchange and international fund transfers if applicable to the transaction
