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End Business Relationship Letter Template for Singapore

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Key Requirements PROMPT example:

End Business Relationship Letter

"I need an End Business Relationship Letter to terminate our software development partnership with TechCorp Pte Ltd, effective March 1, 2025, ensuring all intellectual property rights are properly addressed and including a 3-month transition period for knowledge transfer."

Document background
An End Business Relationship Letter is a crucial document used when formally concluding business partnerships or commercial arrangements in Singapore. The document ensures compliance with Singapore's legal requirements while providing clear documentation of the termination decision. It typically outlines the termination date, reasons (if appropriate), outstanding obligations, and next steps. This letter serves both as a legal record and a professional courtesy, helping to maintain clear communication and minimize potential disputes during the business relationship conclusion.
Suggested Sections

1. Date and Address Block: Formal business letter formatting with current date and recipient details

2. Reference to Agreement: Specific mention of the business relationship or agreement being terminated

3. Notice of Termination: Clear statement of intention to end the business relationship

4. Effective Date: Specific date when the termination takes effect

5. Reason for Termination: Brief explanation of termination if appropriate

Optional Sections

1. Transition Plan: Details of handover process, use when complex operations need to be wound down

2. Outstanding Obligations: List of pending payments or duties, include when there are unresolved matters

3. Confidentiality Reminder: Reference to ongoing confidentiality obligations, use when sensitive information was shared

4. Future Cooperation: Professional courtesy paragraph about potential future dealings, use when maintaining good relations is important

Suggested Schedules

1. Statement of Account: Final accounting of any outstanding financial matters

2. Asset Transfer List: Inventory of any assets to be returned or transferred

3. Completion Checklist: List of actions required to complete the termination process

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions











Clauses













Industries

Contract Act 1872: Primary legislation governing contract formation, termination, and enforcement in Singapore

Partnership Act (Chapter 391): Regulates the formation, operation and dissolution of business partnerships in Singapore

Companies Act (Chapter 50): Governs registered companies and their operations, including termination of business relationships

Business Names Registration Act 2014: Regulates business name registration and related matters for business entities

Employment Act (Chapter 91): Main labor law governing employment relationships and termination procedures if employment elements are involved

Work Injury Compensation Act: Governs ongoing liability considerations related to workplace injuries in business relationships

Personal Data Protection Act 2012: Regulates the collection, use, disclosure, and care of personal data, including data handling during business termination

Copyright Act: Protects intellectual property rights and governs their treatment post-termination

Trade Marks Act: Governs trademark rights and their handling during business relationship termination

Mediation Act 2017: Framework for mediation procedures in case of disputes during business termination

Arbitration Act: Provides framework for arbitration as a dispute resolution mechanism

Civil Law Act: General civil law provisions applicable to business relationship termination

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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