Contract Law (Chapter 2): Primary legislation governing contract formation, validity, and enforcement in Singapore. Sets out fundamental principles of contract law including offer, acceptance, consideration, and contractual obligations.
Sale of Goods Act (Chapter 393): Regulates contracts relating to the sale of goods, including conditions and warranties, transfer of property, and rights of unpaid sellers.
Unfair Contract Terms Act (Chapter 396): Controls the use of unfair terms in contracts, particularly those that exclude or restrict liability. Important for drafting limitation of liability clauses.
Electronic Transactions Act: Provides legal framework for electronic transactions and e-invoicing, ensuring electronic records and signatures are legally recognized.
Goods and Services Tax Act (Chapter 117A): Governs GST requirements for invoicing, including mandatory information that must appear on tax invoices.
Companies Act (Chapter 50): Relevant for corporate transactions and requirements when dealing with registered companies in Singapore.
Consumer Protection (Fair Trading) Act: Protects consumer interests against unfair practices. Relevant if the invoice terms apply to consumer transactions.
Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data. Important for data protection clauses in invoice terms.
Limitation Act (Chapter 163): Sets time limits for various types of claims and actions. Relevant for payment terms and debt recovery provisions.
IRAS Guidelines: Inland Revenue Authority of Singapore's specific requirements for invoice format, content, and record-keeping.
MAS Regulations: Monetary Authority of Singapore's regulations affecting financial services and related transactions.
ACRA Requirements: Accounting and Corporate Regulatory Authority's requirements for business documentation and record-keeping.
UNCITRAL Model Law: UN Commission on International Trade Law guidelines for electronic commerce, relevant for international transactions.
Incoterms: International commercial terms that define responsibilities of buyers and sellers in international transactions.
