Document background
The Business Purchase Agreement is a crucial document used when one party wishes to acquire another's business operations in Singapore. It comprehensively covers all aspects of the transaction, from asset transfer to employee matters, and ensures compliance with Singapore's regulatory framework. This agreement is particularly important as it provides legal certainty and protection for both parties, detailing exact terms of sale, warranties, and post-completion obligations. It must be drafted in accordance with Singapore law and typically requires input from various stakeholders to ensure all business aspects are properly addressed.
