Document background
The Consignment Form is essential for businesses operating under Singapore law when establishing temporary possession of goods for sale purposes. It's commonly used when owners want to sell their goods through a third party without transferring ownership until the actual sale occurs. The document includes crucial details such as item descriptions, pricing, commission rates, and handling requirements. This form is particularly important in Singapore's retail and luxury goods sectors, where consignment arrangements are common practice. The Consignment Form ensures compliance with local regulations while protecting both parties' interests throughout the consignment period.
