Affidavit Of Gross Sales Generator for Singapore

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Key Requirements PROMPT example:

Affidavit Of Gross Sales

"I need an Affidavit of Gross Sales for my retail business in Singapore to report quarterly sales figures to my shopping mall landlord, covering January to March 2025, including a breakdown of both in-store and online sales channels."

Document background

The Affidavit of Gross Sales is commonly required in Singapore for various business and legal purposes, including lease agreements with percentage rent provisions, regulatory compliance, court proceedings, or financial reporting to authorities. This document provides a formal, sworn statement of a business's revenue figures, typically including monthly or quarterly breakdowns, GST considerations, and supporting financial documentation. Under Singapore law, making false declarations in an affidavit carries serious legal consequences, making it a crucial document for accurate financial reporting and legal compliance.

Suggested Sections

1. Title and Introduction: Identifies the document as an affidavit of gross sales and the deponent

2. Personal Details: Deponent's full name, NRIC/passport number, position, and company details

3. Authority Statement: Statement of authority to make the declaration on behalf of the business

4. Sales Declaration: Detailed statement of gross sales figures for the specified period

5. Verification Statement: Declaration of truth and accuracy of the stated information

6. Signature Block: Space for deponent's signature and commissioner for oaths

Optional Sections

1. Breakdown by Revenue Stream: Detailed breakdown of different revenue sources when multiple business lines exist

2. GST Statement: GST-specific declarations when required by tax authorities

3. Supporting Documentation Reference: References to attached supporting documents when additional verification is needed

Suggested Schedules

1. Sales Summary Schedule: Detailed monthly/quarterly breakdown of sales figures

2. Supporting Financial Statements: Relevant financial statements supporting the declared figures

3. Transaction Records: Summary of significant transactions or unusual items affecting gross sales

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Retail
Food & Beverage
Commercial Real Estate
Manufacturing
Services

Relevant Teams

Finance
Accounting
Legal
Operations
Compliance

Relevant Roles

Chief Financial Officer
Finance Director
Financial Controller
Store Manager
Business Owner

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Let's create your Affidavit Of Gross Sales

Authors

Alex Denne

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