Business risks

Australian companies are advised to spend time investigating the market, obtain professional advice where appropriate and thoroughly investigate the issues in entering the market and before establishing business relationships.

Australian firms wishing to operate in this market should commit to the highest level of corporate behaviour and familiarise themselves with Australia's laws and penalties pertaining to bribery of foreign officials.

Bribery of foreign public officials is a crime. Australian individuals and companies can be prosecuted in Australia for bribing foreign officials when overseas. Further information on the regulations governing bribery of foreign public officials is available.

For further information on frauds, scams, personal and asset security, intellectual property protection and other business risks please read more about legal issues.

Intellectual property protection

The Intellectual Property Office of Singapore (IPOS) is a statutory board under the Ministry of Law. IPOS is the lead government agency that advises on and administers intellectual property (IP) laws, promotes awareness and provides the infrastructure to facilitate development.

Singapore has a Trade Related Aspects of Intellectual Property Rights (TRIPS) legislative and administrative regime that is fully compliant with international Intellectual Property Rights (IPR).

Visit the Intellectual Property Office of Singapore website for more information on intellectual property protection.

Patents is an Online Internet Service system initiated by IPOS and provides online submission, patent search and downloading of register and specifications, where available.