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International Sales Contract Template for Singapore

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Key Requirements PROMPT example:

International Sales Contract

"I need an International Sales Contract governed by Singapore law for the sale of industrial machinery to a Japanese buyer, with delivery scheduled for March 2025 and including specific quality testing requirements and warranty provisions."

What is a International Sales Contract?

The International Sales Contract is essential for businesses engaged in cross-border trade of goods, providing a legally robust framework under Singapore law. This document is particularly relevant when companies need to establish clear terms for international transactions, including detailed specifications of goods, pricing structures, delivery terms, and risk allocation. It incorporates key provisions from Singapore's commercial law framework while addressing practical aspects of international trade such as shipping terms, payment mechanisms, and dispute resolution procedures. The contract type is specifically designed to protect both parties' interests in cross-border transactions while ensuring compliance with Singapore's legal requirements.

What sections should be included in a International Sales Contract?

1. Parties: Identification of buyer and seller with full legal details including registration numbers, addresses, and authorized representatives

2. Background: Context of the transaction and relationship between parties, including purpose of the agreement

3. Definitions: Key terms used throughout the contract including technical terms, payment terms, and delivery terms

4. Subject Matter: Detailed description of goods being sold including quantity, specifications, and quality standards

5. Price and Payment Terms: Price, currency, payment method, payment schedule, and any applicable taxes or duties

6. Delivery Terms: Delivery method, timing, Incoterms, and shipping requirements

7. Title and Risk: Transfer of ownership and risk provisions, including inspection and acceptance procedures

8. Warranties: Product quality and performance guarantees, warranty period, and remedy procedures

9. Governing Law: Singapore law application, jurisdiction, and dispute resolution procedures

What sections are optional to include in a International Sales Contract?

1. Insurance: Insurance requirements for shipment, including types of coverage and minimum amounts

2. Intellectual Property: IP rights and licenses, including usage rights and restrictions for trademarks or patents

3. Confidentiality: Non-disclosure obligations and protection of sensitive information shared during the transaction

4. Force Majeure: Provisions for unforeseen circumstances and their impact on contractual obligations

What schedules should be included in a International Sales Contract?

1. Schedule 1 - Product Specifications: Detailed technical specifications of goods including dimensions, materials, and performance requirements

2. Schedule 2 - Price List: Detailed pricing breakdown if multiple products, including any volume discounts or special pricing terms

3. Schedule 3 - Delivery Schedule: Detailed timeline for multiple shipments including quantities and delivery locations

4. Schedule 4 - Quality Standards: Applicable quality certificates, standards, and testing procedures

5. Schedule 5 - Insurance Certificates: Copies of relevant insurance policies and certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 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 governing contracts relating to the sale of goods, covering rights, duties, and remedies of buyers and sellers

United Nations Convention on Contracts for the International Sale of Goods (CISG): International sales law framework - note that Singapore is not a signatory, but parties can explicitly choose to incorporate CISG provisions

Electronic Transactions Act (ETA): Governs electronic communications and transactions, relevant if contract will be executed electronically

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

Unfair Contract Terms Act (UCTA): Regulates limitations on exclusion clauses and provides consumer protection provisions

International Trade Laws: Includes Incoterms 2020, export/import regulations, and trade restrictions/sanctions

Currency Control Laws: Monetary Authority of Singapore regulations and international payment terms

Personal Data Protection Act (PDPA): Governs data protection requirements and cross-border data transfer provisions

Industry-Specific Regulations: Includes relevant licensing requirements, safety standards, and specific regulations depending on goods being sold

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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