Reading Time: 8 minutesAmidst a worldwide pandemic that most of the global population had never experienced before, we are living through a period of significant change. We have had to adapt to a life of remote interaction, transacting with parties from the comfort of our own homes, and trusting our payments and information to the vast and limitless […]
Reading Time: 7 minutesSingapore’s legal industry is picking up speed for technology adoption, and now is the opportune time for LegalTech start-ups. Just a few months back in June 2019, the Singapore Academy of Law launched the Global Legal Innovation and Digital Entrepreneurship (GLIDE) accelerator programme, which is Asia’s first accelerator programme for LegalTech start-ups. At the recent […]
Reading Time: 10 minutesWhile sitting in your co-sharing office space, anxiously waiting to make your next presentation on your App, you ponder nervously if your investors would be interested in your App. You have worked with your team for many months and this next presentation is one of many you have made to scrutinizing investors. You continue to […]
Reading Time: 5 minutesWith the recent judgment by the Singapore International Commercial Court on the wrongful reversal of Bitcoin and Ethereum trades by a centralised exchange operator[1], we are beginning to see blockchain technology slowly creeping into traditional dispute resolution. That dispute, however, was only capable of being adjudicated through traditional legal means because the relevant transactions occurred […]
Reading Time: 9 minutesEver wonder what the different share classes are? Shares represent the interest of a shareholder in a company and involve a bundle of rights and obligations between the shareholder and the company. Shares are an important source of financing for companies as shareholders are obligated to pay the amount payable for the share into the […]
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 […]
Reading Time: 8 minutesThe views and opinions expressed in this article are those of the author alone and do not represent the opinions of any entity whatsoever with which the author has been, is now, or will be affiliated. Smart contracts: a boon or bane for the legal profession? The unprecedented growth of blockchain technology has made smart […]
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 […]
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 […]
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 […]
Reading Time: 3 minutesCoworking Spaces: A Brief Tour The rise of the cowork space signals a change in the tide relating to commercial work space and a fresh look at traditional working methods. We would like to take you on a brief tour of the cowork space landscape in Singapore. It is useful to note that the cowork […]
Reading Time: 9 minutesIn Part 2 of this series, we looked at the various regulations governing Initial Coin Offerings (ICOs). To give a quick recap, on one end of the spectrum there is China, which has completely banned ICOs. On the other end, we have Gibraltar which has drafted specific legislation for ICOs. The majority of the other […]
