Singapore has strict employment laws governing issues like minimum wage, working hours, and labor rights. It’s crucial to understand and comply with these regulations to avoid legal issues.
2. Intellectual Property Rights
Protecting intellectual property is essential for businesses. Singapore provides a robust legal framework for IP protection, including patents, trademarks, and copyrights.
3. Annual Filings
Companies in Singapore are required to file annual returns and financial statements with ACRA. Failure to do so can result in penalties or even deregistration.
4. Data Protection
The Personal Data Protection Act (PDPA) governs the collection, use, and disclosure of personal data. Businesses must comply with PDPA regulations when handling customer and employee data.
