This is an application for clearance under section 1091 of the Corporation Tax Act 2010 that a distribution is an exempt distribution, in the form of a Statutory demerger clearance application.
A demerger clearance application is a request to the Competition Commission of Singapore (CCS) for approval of a proposed merger or acquisition, in order to assess whether the merger or acquisition would result in a substantial lessening of competition within any market in Singapore. The CCS may grant approval for the proposed merger or acquisition, with or without conditions, if it is satisfied that the merger or acquisition would not result in a substantial lessening of competition within any market in Singapore.
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Use this agreement when bringing an advisor on board to formalize variables such as job role and responsibilities, duration of contract and compensation. The agreement also sets forth certain key terms such as confidentiality and intellectual property.
This template is to be used the next time your company needs to set out terms with an individual (i.e. not to be used for agreements involving a personal service company as defined within IR35). It sets out the terms on which a contractor provides services to a client company, and is perfect for freelance software developers, marketing consultants, designers, PR/HR/recruitment consultants.
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