How to hire a lawyer for your Singapore startup?

how to hire singapore corporate lawyer

Startups don’t like lawyers. This usually doesn’t have anything to do with the fact that the legal industry and innovation go together like oil and water, and has everything to do with the fact that lawyers cost an arm and a leg, and they’ll take your watch too if you let them. I’ve heard a…

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Singapore Corporate Tax in a Nutshell

singapore corporate tax

Singapore rocks when it comes to paying corporate tax. This isn’t news that’s hot off the presses but if you’re intending on building your first business here, it’s always something that’s nice to hear. Coupled with the ease of doing business, cheap and available funding options and lack of corruption, it’s no wonder Singapore has…

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Why do I need a company secretary for my Singapore startup?

singapore company secretary

If nothing else, you need a company secretary because it’s mandatory. Under Section 171 of the Companies Act, a company secretary has to be appointed within six months of incorporation. If the company secretary resigns, the company has another six months to replace the company secretary. What do company secretaries do? The Companies Act doesn’t…

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What are class(es) and specification(s) and how do you choose them for your trade mark?

trade mark classes singapore

In Singapore, when you register a trade mark, it has to be registered according to the goods and services your trade mark will apply to. Trade marks are classified according to the Nice Classification system, a system which divides goods and services into 45 different classes. Classes 1 – 34 are classes of goods whereas…

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Why your Singapore startup should be concerned about the Personal Data Protection Act (“PDPA”)

personal data protection act singapore startup

In Singapore, the Personal Data Protection Act came into effect in 2014 in response to the increased use of collecting, using and storing of personal data as part of business operations. Today, Singapore companies are required to obtain the consent of an individual before they can collect, use or disclose any personal information related to…

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Do you need to hire a lawyer to handle your Singapore trade mark registration?

trade mark lawyer singapore

So you’ve come to the conclusion that you should register your trade mark in Singapore. The question now becomes whether you should attempt to register the trade mark yourself or to hire a trade mark lawyer to do it for you. In Singapore, it’s not a requirement that your trade mark application has to be…

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How to avoid getting fired from your day job when you’re running a startup on the side

startup side business singapore

Depending on the stage of life they’re in, some founders may face difficulties in working full-time in their startups from the very beginning. Singapore is not exactly the cheapest place in the world to live in and while single founders may have no qualms about living on ramen noodles while getting their startups off the…

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Does your Singapore startup need to alter its Constitution?

Singapore Company Constitution

Following the Companies (Amendment Act) 2014, the Articles of Association and the Memorandum of a company have now been merged into a single document called the Constitution. So what exactly is this Constitution and why does it affect my company? In a nutshell, the Constitution is basically a contract between the company and the members…

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