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Self Employment Agreement Template for Singapore

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Key Requirements PROMPT example:

Self Employment Agreement

"I need a Self Employment Agreement for a software developer who will work on our fintech project from March 2025, with strict IP protection clauses and the ability to work for other clients as long as they're not in the financial services sector."

Document background
The Self Employment Agreement is essential for businesses in Singapore engaging independent contractors or freelancers. It provides a clear legal framework that distinguishes the arrangement from traditional employment, addressing key aspects such as service scope, compensation, intellectual property rights, and confidentiality. This agreement complies with Singapore's regulatory requirements, including CPF and tax obligations, while protecting both parties' interests through clear terms and conditions. It's particularly relevant in today's gig economy where flexible working arrangements are increasingly common.
Suggested Sections

1. Parties: Identification and details of the contracting parties

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of services to be provided

5. Independent Contractor Status: Clear statement of self-employed status and relationship between parties

6. Payment Terms: Compensation, payment schedule, and expenses

7. Term and Termination: Duration and conditions for ending the agreement

8. Confidentiality: Protection of confidential information

9. Intellectual Property: Ownership and rights to work product

Optional Sections

1. Non-Compete: Restrictions on competition - used when protecting business interests from competition is crucial

2. Insurance: Insurance requirements and coverage - used when services involve significant risks or liability

3. Equipment and Resources: Provisions regarding tools and resources - used when specific equipment or resources are required for service delivery

4. Compliance with Laws: Specific regulatory compliance requirements - used when services are in regulated industries

Suggested Schedules

1. Schedule of Services: Detailed breakdown of services to be provided

2. Fee Schedule: Detailed breakdown of fees and payment structure

3. Performance Metrics: Specific KPIs or performance standards

4. Insurance Requirements: Detailed insurance coverage requirements

5. Compliance Procedures: Specific procedures for regulatory compliance

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses

































Industries

Employment Act (Cap. 91): While not directly applicable to self-employed persons, needs consideration to clearly distinguish the arrangement from employment relationship to avoid misclassification issues

Central Provident Fund Act (Cap. 36): Governs CPF obligations for self-employed persons, including mandatory MediSave contributions requirements

Income Tax Act (Cap. 134): Covers tax obligations for self-employed persons, including business expenses, deductions, and estimated tax payment requirements

Personal Data Protection Act 2012: Regulates the handling and protection of personal data, including data protection obligations that may apply to self-employed persons

Competition Act (Cap. 50B): Addresses considerations regarding non-compete clauses and trade restrictions in contractual agreements

Contract Law (Common Law): Covers fundamental contract principles including formation, terms and conditions, and termination provisions

Skills Development Levy Act: Addresses training and development considerations for workers in Singapore

Work Injury Compensation Act: While not directly applicable to self-employed persons, relevant for addressing liability and insurance requirements in the agreement

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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