Export Sale Contract Template for Singapore

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Key Requirements PROMPT example:

Export Sale Contract

"I need an Export Sale Contract for selling electronic components from our Singapore manufacturing facility to a distributor in Germany, with specific quality control requirements and a letter of credit payment arrangement for delivery starting March 2025."

What is a Export Sale Contract?

The Export Sale Contract is a fundamental document in international trade, specifically designed for transactions where goods are exported from Singapore to foreign markets. This contract type is essential for establishing clear terms and conditions between parties, ensuring compliance with Singapore's export regulations, and managing international trade risks. The document typically includes detailed provisions on product specifications, pricing, payment methods, shipping terms, and risk allocation. It's particularly important for Singapore-based businesses engaging in cross-border trade, as it provides a clear framework aligned with local laws while accommodating international trade practices.

What sections should be included in a Export Sale Contract?

1. Parties: Identification and details of the exporter and importer

2. Background: Context of the transaction and relationship between parties

3. Definitions: Key terms used throughout the contract

4. Description of Goods: Detailed specification of products being exported

5. Price and Payment Terms: Price, currency, payment method and timeline

6. Delivery Terms: INCOTERMS, shipping details, delivery timeline

7. Title and Risk: Transfer of ownership and risk provisions

8. Warranties: Quality and conformity guarantees

9. Governing Law: Specification of Singapore law as governing law

What sections are optional to include in a Export Sale Contract?

1. Insurance: Insurance requirements and responsibilities - use when specific insurance arrangements are needed

2. Export License: Export license requirements and responsibilities - use when goods require specific export licenses

3. Inspection Rights: Pre-shipment inspection provisions - use when quality verification before shipment is required

4. Force Majeure: Provisions for unforeseen circumstances - use when dealing with high-risk regions or sensitive goods

What schedules should be included in a Export Sale Contract?

1. Product Specifications: Detailed technical specifications of goods

2. Pricing Schedule: Detailed breakdown of prices and quantities

3. Required Documentation: List of required export/import documents

4. Quality Standards: Applicable quality standards and certifications

5. Shipping Instructions: Detailed shipping and packaging requirements

Authors

Alex Denne

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

Relevant legal definitions
Clauses
Industries

Sale of Goods Act (SOGA): Singapore's primary legislation regulating contracts for sale of goods, defining rights and obligations of buyers and sellers, and covering issues like transfer of title and quality of goods

Electronic Transactions Act: Singapore legislation governing electronic contracts and communications, particularly relevant for digital documentation in international trade

Singapore Contract Law: Common law principles governing contract formation, terms and conditions, breach and remedies in Singapore

UN Convention on Contracts for the International Sale of Goods (CISG): International convention for cross-border sales (notable that Singapore is not a party, but requires explicit exclusion if other party is from a CISG country)

INCOTERMS 2020: International commercial terms defining responsibilities of buyers and sellers in international trade

Regulation of Imports and Exports Act: Singapore legislation governing export control requirements and licensing requirements for international trade

Customs Act: Singapore legislation covering customs duties, procedures, and documentation requirements for international trade

Strategic Goods (Control) Act: Singapore legislation controlling the export of strategic goods and requiring permits for controlled items

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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