Document background
The Business Closure Letter To Employees is a crucial document used when a company in Singapore is ceasing operations. It serves as the official notification to all employees and must strictly adhere to Singapore's employment legislation, including the Employment Act and MOM guidelines. The letter should be issued with appropriate notice periods (typically 1-4 weeks depending on length of service) and must include details about final payments, CPF contributions, unused leave, and severance packages. It's particularly important in Singapore's context where employee rights are strongly protected and proper documentation is essential for legal compliance.
