The Importance of Documenting Your Decisions
Why Document your Business Decisions in Australia?

Reading Time: 4 minutesSo, you’ve been brave and made the decision to start a business. Now what? The next step is to ensure that you have the right documentation in place to comply with the law and to set the framework for your business operations. Your Business Framework Companies generally require a constitution to be registered. The constitution […]

authorised v paid up capital_asia law network
What is the difference between paid up and authorised capital?

Reading Time: 5 minutesIn 2006, Singapore abolished the concept of authorised capital. This streamlined and simplified the evaluation process for investors to evaluate companies. The distinction between authorised and issued share capital can at times be misleading. However, the removal of the concept of authorised capital has made it much easier for companies to distinguish between the two […]

Who Owns the Business Name? A Lesson for Business
Who Owns the Business Name? A Lesson for Businesses in Australia

Reading Time: 2 minutesThe Paragon Cafe The art deco doors of the Paragon café remained open throughout two world wars, three transfers of business and multiple financial crises. Now, despite purchase offers in multiples of the owner’s asking price, the business’s 102 years of operation is set for a tragic end. What/who could be responsible for the death […]

cross border email scams_asia law network
Cross Border Email Scams: A Rising Trend

Reading Time: 6 minutesAround the world there have been numerous cases of cross border email scams where individuals or companies received scammed or spoofed emails that pretend to be from C-suite or senior staff of the company or business partners to wire transfer funds to bank accounts in Asia, a lot of times coming to or going through […]

What are the legal obligations when writing employee references?

Reading Time: 8 minutesIntroduction – A lesson to be shared The departure of an employee is a common occurrence and there are many reasons why one would choose to leave his work. Whatever the reason may be, it is not uncommon for an employer to receive requests from prospective employers for references of the departing/departed employee. An employee […]

incorporation of companies_asia law network
Incorporation 101: How to form a Private Limited Company in Singapore

Reading Time: 7 minutesPrivate limited companies are by far the most popular business structure. According to the Department of Statistics, out of the 26,555 business entities formed in 2018, almost 70% were companies. Why is this business structure so popular, and how does one incorporate a private limited company? This guide will address the advantages of a private limited […]

cambodia tax update_asia law network
Cambodia Tax Update: Transfer Pricing – Interest Rates for Related Parties

Reading Time: 4 minutesInstruction 11946 issued by the General Department of Taxation (“GDT”) on the 21st of August 2018 (“Instruction 11946”) provides an important clarification regarding the determination of interest rates between related parties. Since the introduction of Circular 151 in early 2014 Cambodian taxpayers were historically able to receive and extend interest free loans to domestic as […]

5 Ways A Lawyer Can Help You Start Your Business
5 things to consider when starting a business in Australia

Reading Time: 5 minutesIt’s incredibly exciting when you start your own business. You’ve finally done it, made that break away, and all you see are the positives and none of the negatives that lie ahead of you. That’s great. It’s important to be positive. But it’s also important to be realistic. All too often, we see business owners […]

applying for a grant of a probate_Asia Law Network
A Guide to Applying for a Grant of Probate

Reading Time: 6 minutesLosing a loved one is never easy, and the sheer volume of legal documents a next-of-kin has to deal with may seem overwhelming. In these cases, a difficult but inevitable situation that arises when dealing with the passing of a loved one is: how does one go about managing the deceased’s assets? Where the deceased […]

LLC vs LLP vs Sole Proprietorship – Guide to Business Structures in Singapore

Reading Time: 8 minutesChoosing a business structure that suits your enterprise is one of the most important decisions you will make in starting a business. The type of structures that business owners choose are varied. In Singapore, companies are the most popular form of business structure. In 2017, there were approximately 310,000 active foreign and local companies in […]

batch-books-document-guide to trade marks
What type of documents does the Competition Commission need to disclose to a respondent in an enforcement action and Competition Tribunal proceedings?

Reading Time: 5 minutesIntroduction As set out in our October 2017 Newsletter, the Competition Commission (the “Commission”) had commenced proceedings in the Competition Tribunal (the “Tribunal”) against five Respondents, all of which are information technology companies. Last month, the Tribunal handed down its judgment on the 3rdRespondent’s application for orders of discovery against the Commission under CTEA 1/2017(the “Application”). […]