Sale of Goods Act (Cap. 393): Primary legislation governing the sale of business assets, defining fundamental rights and obligations of buyers and sellers in the transaction
Companies Act (Cap. 50): Regulates corporate transactions, including requirements for transfer of shares and necessary corporate authority and approvals
Employment Act (Cap. 91): Governs the transfer of employees, employment terms and conditions, and notice requirements in business transfers
Competition Act (Cap. 50B): Covers merger control provisions and anti-competitive practices that may affect business sales
Goods and Services Tax Act: Addresses tax implications of business transfer and GST registration obligations
Property Law: Relevant for real estate aspects of the business sale, including lease assignments and property transfers
Intellectual Property Laws: Encompasses transfer of IP rights, including considerations under Trademark Act, Patents Act, and Copyright Act
Personal Data Protection Act 2012: Governs the transfer of customer and employee data and ongoing data protection obligations
Stamp Duties Act: Covers stamp duty obligations for transfer documents in business sales
Income Tax Act: Addresses tax implications of the sale including capital gains considerations
Industry-specific Regulations: Includes relevant licenses, permits, and regulatory body approvals specific to the business sector
Foreign Investment Rules: Covers foreign ownership restrictions and requirements if applicable to the business sale
