Best Business Lawyers in Thomson

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Avodah Advocates LLC

Avodah Advocates LLC

Thomson, Singapore

Founded in 2016
15 people in their team
English
Avodah Advocates LLC is a corporate and commercial law practice whose senior lawyers have more than 20 years of practice experience behind them. We help clients with commercial contracts, M&A, shareholder and director issues, Fintech business, Family business vehicles, risk management...
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About Business Law in Thomson, Singapore

The business law in Thomson, Singapore encompasses the legal requirements that are related to the formation and operation of a business. This includes laws relating to business contracts, mergers and acquisitions, intellectual property rights, labor law, taxation, and regulatory compliance. The commercial landscape in Thomson is governed by stable, comprehensive legal frameworks enforced by the Singapore Government.

Why You May Need a Lawyer

Legal assistance is often required while setting up a business, understanding contracts, responding to lawsuits, negotiating terms with employees, or dealing with issues of regulatory compliance. Professionals with expertise in business law can help you navigate the complexities of business transactions, minimizing risks and protecting your financial interests.

Local Laws Overview

The local laws of Thomson, Singapore related to businesses are designed to foster innovation, fair competition, and integrity. Key aspects to consider are the Singapore Companies Act, governing the incorporation, operation, and dissolution of businesses; the Employment Act, detailing the rights and duties of employers and employees; and the Competition Act, designed to prevent anti-competitive activities. Intellectual property laws in Singapore are robust and reliably enforced, protecting creative and technological innovations.

Frequently Asked Questions

1. What type of business structures are legally recognized in Thomson, Singapore?

Thomson, like the rest of Singapore, recognizes various business structures such as sole proprietorship, partnerships, limited liability partnerships, and private limited companies.

2. What are the common taxes applicable to businesses in Thomson, Singapore?

Businesses are typically subject to Corporate Income Tax, Goods and Services Tax, and Property Tax. The specific tax liabilities can depend on the nature and scale of the business.

3. Can foreign entrepreneurs set up a business in Thomson, Singapore?

Yes, foreign entrepreneurs can set up a business in Thomson. However, there are certain legal requirements, including the need to appoint a local resident as a company director.

4. What are the laws governing contract enforcement in Thomson, Singapore?

Contract enforcement is governed by the Singapore Contract Law Act, which mandates that all contractual agreements be honored and provides mechanisms for dealing with breaches of contract.

5. Are there specific laws for data protection in Businesses in Thomson, Singapore?

Yes, business activities in Thomson are subject to the Personal Data Protection Act which places obligations on businesses with regards to the collection, usage and disclosure of personal data.

Additional Resources

You can refer to the official websites of the Ministry of Law, the Accounting and Corporate Regulatory Authority, and the Inland Revenue Authority of Singapore for detailed information on business laws and regulations. Joining local business associations can also offer valuable support and insights.

Next Steps

If you require legal assistance in matters of business law, it's advisable to hire a reputable lawyer in Thomson, Singapore. A lawyer can provide valuable advice and represent your interests in dealings with regulatory bodies, business partners, and in court. Treatment groups offer assistance in hiring legal help.

Lawzana helps you find the best lawyers and law firms in Thomson 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. Get a quote from top-rated law firms in Thomson, Singapore—quickly, securely, and without unnecessary hassle.

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.