Document background
The International Sales Contract is essential for businesses engaged in cross-border trade of goods, providing a legally robust framework under Singapore law. This document is particularly relevant when companies need to establish clear terms for international transactions, including detailed specifications of goods, pricing structures, delivery terms, and risk allocation. It incorporates key provisions from Singapore's commercial law framework while addressing practical aspects of international trade such as shipping terms, payment mechanisms, and dispute resolution procedures. The contract type is specifically designed to protect both parties' interests in cross-border transactions while ensuring compliance with Singapore's legal requirements.
