common terms in sale and purchase agreements_asia law network
Buying a Property in Singapore and unsure of terms?

Reading Time: 7 minutesSingapore has one of the highest home ownership rates globally (about 90% of the population). As such, most Singaporeans will be involved in at least one property transaction in their lifetime. Purchasing or selling a property for the first time can be a daunting experience, especially when one is confronted by the mountain of legal […]

Why you need a privacy policy now_Asia Law Network
Why you need a Privacy Policy now in Australia

Reading Time: 3 minutesEvery business that turns over more than $3 million is regulated by the Privacy Act 1988 (Cth).  The Act and the Australian Privacy Principles set out rules for how you collect, use and store personal information. A business lawyer can reduce your risk of a breach. The Principles require most businesses to consider the privacy of personal information, […]

director_duties_thailand_asia_law_network
Becoming a Director in Thailand?

Reading Time: 4 minutesDirectors’ duties and liabilities: fundamental requirements to keep a director safe from legal exposures The directors of a private limited company are considered the lawful representatives of the company and they act for and on behalf of the company. In performing their role, the directors, regardless of their nationality, are bounded by the same directors’ […]

police arrest_singapore_asia law network
What should you know if you are arrested in Singapore?

Reading Time: 6 minutesThe police possess vast powers in Singapore – the most impactful which would be the power of arrest. Law abiding citizens would not have an encounter with the police that leads to an arrest or usually contemplate such a situation. However, in an unfortunate circumstance encountering the police on the wrong side of the law, […]

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 […]

Australian-Customs-Issues-Asia Law Network
Australian Customs Issues for the New Financial Year

Reading Time: 3 minutesThe start of the new Australian financial year brings about a number of changes that exporters to Australia should be aware of. Some changes are so significant that Amazon.com has said that it will no longer ship to Australian addresses. However, while there are increased compliance issues, there are also new benefits that exporters should […]

Thailand: A Promising Location for Investment

Reading Time: 3 minutesEven against the background of significant changes of the political landscape in Thailand over the past years, as well as the shortage of skilled workers, the country is still regarded amongst one of the best destinations in ASEAN for foreign investment. Thailand is the second largest, highly diversified economy in ASEAN after Indonesia and the […]

abortion in singapore_asia law network
The Law on Abortion in Singapore

Reading Time: 4 minutesThe Story In 60 Seconds Singapore’s laws currently legalise abortion for any woman who requests it – making the Republic one of only three countries in Southeast Asia to allow for abortion upon request by a woman. The abortion law in Singapore is applicable to: Singaporeans and women married to Singaporeans; Holders of a valid […]