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SME Welfare
The welfare of SMEs are important to us. We constantly seek to add value to those begining their journey and growing their business. We provide the following services to facilitate SME welfare.
Incorporation and Registration
We advise/guide SMEs on the appropriate legal structures, registration procedures, and statutory compliance requirements applicable to their specific business operations. We also assist SMEs in registering with regulatory authorities such as tax authorities, industry regulators, and other government agencies.
Contracts and Agreements
We provide advice on drafting, reviewing, and negotiating contracts and agreements with suppliers, customers, and other stakeholders. We also help SMEs in enforcing their contractual rights and resolving disputes that may arise from these agreements. The various types of common contracts / agreements are detailed below:
Sales Contracts
These are contracts between a buyer and a seller for the sale of goods or services, which may include terms related to delivery, payment, warranties, and liabilities.
Non-disclosure Agreements (NDAs)
These are contracts that prohibit/limit one party from disclosing confidential information to a third party, which is often used to protect trade secrets, client information, or other sensitive information.
Commercial Tenancy and Lease Agreements
These are contracts between a landlord and a tenant that outline the terms and conditions of a rental arrangement, such as rent, lease duration, maintenance responsibilities, and termination provisions.
Service Contracts
These are contracts between a service provider and a client that outline the terms and conditions of a service agreement, such as scope of work, fees, timelines, and deliverables.
Letter Agreements
These are simple contracts that confirm the terms of a verbal agreement, often used for minor transactions or short-term arrangements.
Standard Form Agreements
These are pre-drafted contracts that are commonly used in a specific industry or for a specific type of transaction, such as software license agreements or purchase agreements.
Collaborative Agreements
These are contracts that establish a long-term relationship between parties for multiple transactions, and typically include general terms and conditions that apply to each transaction/party.
Joint Venture Agreements
These are complex contracts that establish a partnership between two or more parties for a specific project or business venture, which may include terms related to governance, funding, intellectual property, and dispute resolution.
Shareholders Agreements
SMEs may require shareholders agreements to establish the rights and obligations of the company’s shareholders. Such agreements outline the voting rights, shareholding percentages, dividend distribution, and transfer restrictions of the company’s shares.
Partnership Agreements
SMEs may require partnership agreements to formalise the terms of a business partnership with other companies. Such agreements outline the partners’ roles and responsibilities, capital contributions, profit-sharing, and decision-making procedures.
Licensing Agreements
SMEs may require licensing agreements to license their intellectual property, such as trademarks, patents, or copyrights, to third parties. Such agreements outline the terms of the license, payment terms, and limitations on use.
Intellectual Property
We advise on/execute registration and protection of intellectual property rights for SMEs. We also draft agreements and other IP-related contracts.
Our services are tailored to meet the needs of SMEs, who often require agreements to outline the scope of work, payment terms, timelines, and deliverables for services they provide to their clients. We understand the nuances of contractual clauses and compliance for purposes of ensuring our clients’ businesses are well protected.
Franchising Agreement
A legal document that outlines the terms and conditions of a franchise arrangement between a franchisor and a franchisee. We advise and execute on behalf SMEs or MNCs that intend to expand their business in this manner. The agreement would outline the terms and conditions of the franchisor-franchisee relationship, including details about the use of intellectual property, branding, marketing, training, and support.
Business/Premise Licenses
This document is required when an entity intends to start a new business or relocate an existing one to a new location. We advise entities regarding relevant licenses that are required as they embark on expansion, and facilitate the process of acquiring them.
Business Code
The Firm advises SMEs and/or MNCs in a manner that ensures their business practices are in line with legal and ethical standards. A business code would outline the expectations and obligations of the business with regard to issues such as workplace safety, environmental protection, data privacy, and anti-corruption measures.