Reading Time: 7 minutesWhether you are a local or a foreigner who has decided to set up a new business in or expand an existing business into Malaysia, here is a checklist of 9 key action steps that one can take to plan and execute the process smoothly. These steps are not strictly sequential but a list of […]
Reading Time: 7 minutesHarsh truth When people extend their familiar or friendly relationship to a business environment, corporate trouble beckons, sometimes even disaster. A common scenario is that of family members, friends or fellow students starting a business with great ideas but without great (or any) legal agreements. As something turns sour, having insufficient (or no) contracts in […]
Reading Time: 8 minutesContinuing from the previous article, lawyer Jeremiah Chew from Ascendant Legal LLC talks about the first prohibited conduct of the 3-part series: anti-competitive agreements. This guide is divided into the following 10 sections: What is the law on anti-competitive agreements? What is the purpose of this law? Examples of anti-competitive agreements in Singapore How does it affect […]
Reading Time: 6 minutesSingapore’s reputation as a global financial centre makes it susceptible to cross-border money laundering activities. In response, the Singapore government has stepped its efforts to protect the system’s integrity, in three ways. This article is written by Shashi Nathan and originally published in The Business Times. The “Article in 60 Seconds” is contributed by Leanne Cheng. […]
Reading Time: 7 minutesDeath and taxes As the old saying goes, there are only two constants in life – death and taxes. Whether you are a budding entrepreneur running your own business, or just an individual trying to cut down on expenses, minimizing taxes is a key objective we all pursue. Yet, it inevitably begs the question – […]
Reading Time: 15 minutesDrones are increasingly popular in Singapore –professional and even hobby photographers are using them to achieve camera angles never thought possible before. But while some may think the sky’s the limit for their new toys, there are laws regulating their use. This article is written by Ronald JJ Wong and originally published in Law Gazette. The […]
Reading Time: 5 minutesOn 27th February 2017, the Singapore government announced the Tech Start for Law programme, a new S$2.8m scheme aimed at encouraging Singapore law firms, especially boutique practices to adopt technology solutions in digital marketing, practice management and online research. This first-of-its-kind initiative for the industry is an indication that Singapore law firms and lawyers must […]
Reading Time: 14 minutesWhat is Bitcoin? How would the law characterise Bitcoin? Is it legal property? What are the plausible private law issues relating to Bitcoin? This article offers some thoughts addressing these questions. TechCrunch today reported that one bitcoin is now worth more than one ounce of gold for the first time ever. Amid all the sudden […]
Reading Time: 5 minutesIn this series, lawyer Jeremiah Chew from Ascendant Legal LLC introduces competition law in Singapore, what it is about, and takes you through an in-depth study into the various types of anti-competitive conduct in 3 articles to follow. This guide is divided into the following 8 sections: What is competition law? Why does it exist? Who […]
Reading Time: 12 minutesIn this article, lawyer WanHsi Yeong from ArrowGates LLC talks about funding and offers practical advice for existing and aspiring startup entrepreneurs. Funding is undeniably a priority for startups. Staying true to its renowned reputation as a business friendly hub, Singapore offers a myriad of schemes and grants to aid startups in growing and expanding their […]
Reading Time: 9 minutesSound legal advice for covering your bases in accepting funding, intellectual property, co-founder arrangements, and more. This article was originally published on e27 HERE and you can find the video of the Facebook Live HERE. Lawyer Yingyu Wang shared practical tips about fund raising for start-ups during a Facebook Live Q&A with AsiaLawNetwork and partners […]
Reading Time: 7 minutesIn 2014, businessman Goh Meng Leong borrowed $350,000 from a licensed moneylender at an annual interest rate of 240 per cent. Over two years, Mr Goh paid back a total of $700,000 in instalments to ABK Leasing. However, even though Mr Goh had paid back twice the amount he had borrowed, he still owed the […]
