Partnership Act (Chapter 391): Primary legislation governing partnership formation, dissolution, rights and obligations of partners, and procedures for partnership termination in Singapore
Companies Act (Chapter 50): Legislation relevant for partnerships registered as business entities, covering business cessation requirements and ACRA filing obligations
Business Registration Act (Chapter 32): Covers requirements for business registration cancellation and notification obligations to relevant authorities
Contract Law: Common Law principles governing contractual obligations and termination provisions in partnership agreements
Income Tax Act: Legislation covering tax implications of partnership dissolution, including requirements for final tax returns and clearances
Partnership Agreement Terms: Existing agreement terms that must be considered including notice periods and specific termination clauses
Asset Division Protocol: Procedures and requirements for dividing partnership assets during termination
Liability Settlement: Procedures for handling outstanding liabilities and debts of the partnership
Stakeholder Notification Requirements: Protocols for notifying clients, customers, and other stakeholders about the partnership termination
Employment Considerations: Requirements and procedures for handling employee matters during partnership termination
Intellectual Property Rights: Provisions for handling and distributing intellectual property owned by the partnership
Confidentiality Obligations: Ongoing confidentiality requirements and handling of sensitive information post-termination
Non-Compete Provisions: Enforcement and application of any non-compete clauses following partnership termination
