Best Business Lawyers in Beach Road
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Singapore Business Legal Articles
Browse our 4 legal articles about Business in Singapore written by expert lawyers.
- Mediation: Parties get to meet early on
- I remember a case I did a few years back. The business dispute at the High Court was extremely litigious. Application after application, allegation after allegation. And this was between business partners who has started the business together and built it from scratch into a multi-million-dollar, international business spanning many... Read more →
- Mediation: Keeping disputes out of court
- To all business owners, managers, and executives. You start your business. You have a dispute. One thing that you will definitely regret in such a case is not having a mandatory Mediation Clause in your agreements.Singapore is at the forefront of the movement to encourage mediation instead of more abrasive... Read more →
- The Liability of Directors for Company Insolvencies
- Directors of an insolvent company owe a fiduciary duty to the general body of creditors of the company. Directors may be found in breach of such duties if they continue the business of their company without due regard for the collective interest of the creditors.There is, however, no specific rule... Read more →
About Business Law in Beach Road, Singapore
Business Law in Beach Road, Singapore, operates under the broader spectrum of Singapore's commercial law. This law governs all business transactions, from formation to dissolution of businesses, and covers legal aspects such as contracts, hiring practices, sales, and property rights, among others.
Why You May Need a Lawyer
In many instances, whether you run a small business or a multi-corporate entity on Beach Road, you may need the services of a lawyer. These situations can include starting or buying a business, drafting contracts or agreements, dealing with labor issues, handling lawsuits, or even managing business dissolution.
Local Laws Overview
Key to the local laws in Beach Road, Singapore, is the Companies Act which regulates company formation, administration, and management. Employment laws are also critical, including the Employment Act and the Work Injury Compensation Act. Privacy laws, competition laws, and intellectual property rights also matter significantly, especially in today’s digital world.
Frequently Asked Questions
What types of businesses can I start on Beach Road, Singapore?
You can start a sole proprietorship, a partnership, or a private limited company on Beach Road, Singapore. Each has different regulations and benefits.
Am I required to have a local director for my company?
Yes, Singapore law requires every company to have at least one representative director who is a resident of Singapore.
What is the corporate tax rate in Beach Road, Singapore?
The corporate tax rate is flat 17%. However, due to numerous tax incentives and exemptions, the effective tax rate is much lower.
How are contracts enforced in Singapore?
Contracts in Singapore are enforced through the court system. If the contract is deemed valid and was breached, the court can award damages or enforce specific performance.
What laws protect my intellectual property in Beach Road, Singapore?
Your intellectual property in Singapore is protected by the Trade Marks Act, the Patents Act, and the Copyright Act, among others.
Additional Resources
You can get information and assistance from resources such as the Accounting and Corporate Regulatory Authority (ACRA), the Ministry of Manpower (MOM), and the Intellectual Property Office of Singapore (IPOS).
Next Steps
If you need legal assistance in Business in Beach Road, Singapore, the first step would be to connect with a reputable lawyer or law firm experienced in commercial law. They can provide guidance based on your specific situation and needs, help navigate the legal environment, and assist you with documentation and representation, if needed.
Lawzana helps you find the best lawyers and law firms in Beach Road through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Business, experience, and client feedback.
Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters.
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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.
We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.
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