Reading Time: 16 minutesWe live in an age of disruption – and the legal industry is not immune. “Smart contracts” has been receiving particular attention, with its potential to bring about both efficiencies in legal work… and also new kinds of legal challenges. What are smart contracts and what can they achieve? We take a closer look at […]
Reading Time: 4 minutesEvery legal contract or agreement is different. But the general structure of most contracts is the same. I’ve come up with a General Contract Drafting Questionnaire to help people think about what to specify in their contracts. The general questionnaire structure is below. If you want to provide me with your questionnaire response for me […]
Reading Time: 9 minutesThis is a three part series on Initial Coin Offerings (ICOs). In this series, lawyer Wanhsi Yeong will cover: An introduction to Initial Coin Offerings Overview of the current regulation of Initial Coin Offerings in various jurisdictions Framework of Initial Coin Offerings In the first part of this series, WanHsi explains the characteristics, types, risks, […]
Reading Time: 4 minutesTax deductions are available for costs incurred in the registration, acquisition and licensing of intellectual property. In an effort to support innovation and the secure commercialisation of intellectual property, the Singapore Budget 2018 (“2018 Budget”) has extended and enhanced certain aspects of the existing tax benefits for YA 2019 to 2025. Income Tax Act Registration […]
Reading Time: 4 minutesStarting from scratch is not the only way to go. Most often, buying an existing company is less risky than setting up your own startup. Buyers can rely on the brand’s goodwill, steady customer base, key managers who are familiar with the business inside out. Buying the right business can make or break you. Buyers […]
Reading Time: 4 minutesCommon Pitfalls and Considerations in Fundraising It is important for a company to raise and maintain sufficient funds to meet day-to-day operational costs, as well as to plan for future growth and development. Funds can be acquired externally, from investors who show an interest in the company and wish to commit to an equity or […]
Reading Time: 5 minutesIn this series of articles by Yarman J. Vachha, Managing Director of YJV Consulting, he highlights the legal scene in Asia, the changes to the legal industry and the different resources available to law firms for expansion. In our first article, he shared his thoughts about managing and growing a law firm and in the second article, he discussed the […]
Reading Time: 4 minutesEnsuring that a company has adequate funds is an important and continuous process, and it is unlikely that one round of fundraising will be sufficient to grow and expand a business sufficiently. As such, many companies will need to carry out multiple rounds of fundraising and each round of investments will be different. Types of […]
Reading Time: 6 minutesThis article is part of Asia Law Network’s partnership with Tech in Asia where we publish articles written by lawyers on their advice for startup founders. Previously, we shared with you some legal advice that startups in e-commerce, sharing economy, and virtual reality need to know. In this article, two professionals share some legal insights (based on Singapore’s legal system) […]
Reading Time: 5 minutesThis article is part of Asia Law Network’s partnership with Tech in Asia where we publish articles written by lawyers on their advice for startup founders. In this article, we asked some professionals for legal advice on starting a business in e-commerce, sharing economy, and virtual reality. Find out the common problems entrepreneurs face in these industries and […]
Reading Time: 4 minutesIn this series of articles by Yarman J. Vachha, Managing Director of YJV Consulting, he highlights the legal scene in Asia, the changes to the legal industry and the different resources available to law firms for expansion. In our first article, he shared his thoughts about managing and growing a law firm. In part 2 of this series, Yarman […]
Reading Time: 8 minutesYou have finally brought fruition to your business idea and decided to start your business. Most people at this juncture will be daunted with a maze of to-dos and must-dos; from being inundated with questions such as, “Which type of structure shall my business take?” to “How do I find out if my business requires […]
