Step 4: Dealing with the legal side of export
Steps to protect your transaction
When you embark on exporting, your organization inevitably becomes an international business entity, exposed to events occurring in markets beyond Singapore. This means that you have to identify external events that have potential effects on your business and take action accordingly:
Step 1 - Protect your Confidential information and assets
Step 2 - Comply with the laws of the destination country
Step 3 - Comply with the law of your destination market
Step 4 - Comply with regional laws
Step 5 - Review your business structure
Step 6 - Take advantage of internationally accepted uniform standards
Step 7 - Protect your intellectual property