Zegal

Global

E-signing

Handbook | Country by country

guide

An electronic signature takes minutes to execute

whereas a wet ink signature can take days.

More time for business, less time chasing paper.

Zegal Global E-signing Handbook | Country by country guide Zegal.com © 2021

A Nugget of Historical Context

4

Benefits of Using E-signatures

6

How Does E-signing Work?

7

Different Types of E-signatures

8

E-signature

9

Digital Signature

10

Advanced Electronic Signature (AES)

11

Qualified Electronic Signature

11

Legality of E-signatures

12

ANZ

14

E-signing Laws: Australia

14

E-signing Laws: New Zealand

19

North and East Asia

23

E-signing Laws: China

23

E-signing Laws: Hong Kong

27

E-signing Laws: Japan

32

E-signing Laws: Macau

36

E-signing Laws: Singapore

42

E-signing Laws: Taiwan

47

South-East Asia

51

E-signing Laws: Indonesia

51

2

E-signing Laws: Thailand

55

E-signing laws: The Philippines

58

E-signing Laws: Vietnam

62

United Kingdom

65

E-signing Laws: United Kingdom

65

Offshore

68

E-sign Laws: Cayman Islands

68

E-signing Laws: British Virgin Islands

72

E-signing with Zegal

75

3

A Nugget of Historical Context

For centuries, the signature has been humankind’s way of

showing

one’s distinct identity on objects and documents. Throughout time and space, signatures have taken an infinite number of forms and mutations.

The ancient Egyptians used hieroglyphics.

Romans were known to

use signatures during the late empire,

but the first incarnation of the

signature as the western world knows it today came in 1069. “El Cid”, a nobleman from Medieval Spain, first signed his name on a document for a donation to a church. While on the other side of the world, the use of a seal was much more prominent— printing stamps and impressions of names on documents and objects, a practice which continues to this day.

The signatures of today, and in particular, electronic signatures are a radical departure from the past. Hand-signing something and using a seal a hundred years ago was much more of a physical manifestation of one’s word and bond. The pomp and circumstance of making your mark felt important each time, whether it was dipping a fountain pen in ink, melting red wax on a letter

and sealing it with a signet ring, or

using a heavy jade stamp to authoritatively impress your name on a document with red ink. Signatures felt like they mattered.

4

Today, your signature on a tablet wil suffice - something we have all become accustomed to doing during COVID as

our shopping is

delivered to our door. But, do not be fooled by the casual nature of electronic signatures—they are more often than not just as binding as written or “wet” signatures. We all need to be signing into the digitalised age of digital signatures, electronic signatures, also known as e-signatures, or e-signing. Or as we like to cal

it at Zegal, Z-signing

(pronounced zee-sign!).

5

Benefits of Using E-signatures

The digital world is synonymous with convenience. Transforming paperwork into accessible, on-the-go, electronic documents makes it convenient for everyone anywhere, anytime. It is essential that this level of convenience does not

undermine the legality of

business

conducted digitally.

Have you ever been asked to read an online form and then check a box indicating that you accept the terms of the agreement? Or have you ever found yourself typing or even signing your name using a touchpad on a line to indicate you understand and accept an agreement? Both are examples of e-signatures.

An electronic signature, or e-signature, is a simple, legally binding way to indicate consent or approval on digital documents, contracts, agreements, or forms. E-signing saves money and time as well as

providing a flexible, digital system for contracts.

You might think that paper is cheap. But paperwork involves costs —in purchasing, printing, copying, scanning, delivering, storing, and disposing of paper. With e-signatures, you eliminate these costs.

Managing paper can be a tiresome task.

Add to it the possibility of

documents being damaged, lost, or forged —these nuisances can be avoided using e-signatures. It is also easier to archive and retrieve documents that have been e-signed.

A digital log wil provide the

details of the document, such as email addresses, the time when the 6

document was signed, IP addresses, and the digital fingerprint of the document.

The turnaround time for a document can be shortened by as much as 95%. This means that businesses can close deals faster and reduce the risk that something may interfere with or delay an agreement.

Signing off on a laptop or smartphone means that documents can be signed anytime and anywhere.

How Does E-signing Work?

There are many software providers including Zegal

that provide

digital and e-signature software. These services empower

businesses to send documents for

e-signature with a few clicks.

Ordinarily the service is run directly on your web browser. Be careful not to use a service that does not have secure 2 factor verification (or another clear way that it verifies the signer). Parties receive the document and sign it online quickly and easily. The document can also be stored on a secure server provided by the service provider for record keeping or future reference.

7

Different Types of E-signatures

Did you know a digital

signature isn’t the same as an electronic

signature? The different terms often sound like they could be interchangeable but are in fact, not. If you’re curious about the different types of electronic signing including QES, AES and SES, you’ve come to the right place.

In essence, electronic signatures officially hold the same weight as ink signatures. Every country has specific rules on electronic signatures and how to demonstrate proof of signing in a law court. Refer to our country by country e-signing rules guides below for

country-specific

information.

8

E-signature

This is the most common form you will come across.

Importantly, you may often see this referred to as electronic signature, e-sign, e-signature, eSign, eSignature, or the long-form Standard Electronic Signature (SES). In fact, these are al the same thing.

They refer to, and derive their legal basis from, the act of signing a document (online). The users’ intent to sign gives it authority. Unless specific restrictions apply (which vary by jurisdiction), by applying an

electronic signature to a document, you are signing it.

Zegal has built-in e-signing!

Start a free trial and give it a go

9

Digital Signature

This is the one that wil trip up most people. A digital signature is a type of electronic signature with more security than a standard electronic signature. The digital signature is an algorithm determining the authenticity of software or a document.

Moreover, this digital signature helps authenticate the signature to ensure it has kept its integrity through the process of

sending to

various recipients.

In reality, these are generally only used for government

systems and

banks for high-level protection. In other words, think of digital signatures as a virtual fingerprint compared to electronic signatures as photo identification.

10

Advanced Electronic Signature (AES)

An advanced electronic

signature (AES) is a sub-type of

digital

signature with the additional following capabilities:

● uniquely linked to the signatory;

● capable of identifying the signatory;

● created under the signatory’s sole control; and

● linked to other electronic data in such a way that

any

change to the data can be detected.

Qualified Electronic Signature

Finally, a qualified electronic

signature (QES) is a specific digital

electronic signature that has been verified with the particular specifications of a Trusted Third Party or a government.

Moreover,

this includes using a secure signature creation device, and certification as ‘qualified’ within the applicable jurisdiction.

Importantly, a QES doesn’t increase the security of a document, it only reduces the burden of proof if a legal dispute arises.

11

Legality of E-signatures

Electronic signature laws vary across jurisdictions.

Many countries

have passed their own electronic transactions acts. For instance, many countries like Singapore, treat e-signatures and e-documents the same as paper records and ink signatures.

In 1998, Singapore became one of

the first countries to allow the

signing of legal documents online. This is now enforced by the

Electronic Transactions Act 2010. Hong Kong soon followed and e-signing is now governed by the Electronics Transaction Ordinance (Cap 553). Both these legislations

bring local laws on electronic

transactions in line with the United Nations Convention on the Use of Electronic Communications in International Contracts, adopted in November 2005.

In the EU, the new eIDAS Regulation has made e-sign and global business smooth and simple. A business or organisation may choose between Standard, Advanced or Qualified e-signatures, depending on their security needs, with all three legal y effective, as a result. The UK

laws may of course change as a result of Brexit. But it is safe to say that the UK wil not reverse its position that e-signing is fast becoming the standard for execution of documents. In fact from early 2021, the sale of houses can now be done digitally!

12

As below, have a look at the individual electronic signature laws of the country you are looking to do business with for

a clear look at the

individual requirements.

Thus generally e-signatures hold the same weight

and validity as a

hard-copy signature but without the paper, transport, and time.

Nevertheless, certain documents, such as those that must be signed in the presence of a witness, cannot be e-signed.

You should take legal advice if you are at all uncertain and you are signing highly sensitive or

important documents, for example

your will.

13

ANZ

E-signing Laws: Australia

E-signatures are used around the globe and Australia is no different.

With a resilient economy and fast urbanisation of infrastructure, Australia is an attractive country to conduct

business in. It has also

been ranked 18th in the 2018 World Economic Forum’s Global Competitiveness Report, proving the competency of Australia’s economic landscape.

Australia’s uninterrupted strong Gross Domestic Product growth in the past two decades indicates the potential for increasing growth, enticing international businesses to enter the Australian market.

With international business activities, there is a demand for convenience which entails electronic signatures as part

and parcel of

business transactions. Therefore, it is important to keep yourself updated with Australia’s regulations with regards to e-signatures.

14

The Rules on E-sign in Australia

The Electronic Transactions Act was introduced in 1999 and adopts an open legal framework.

Requirement for signature

1) If, under a law of the Commonwealth, the signature of a person is required, that requirement is taken to have been met

in

relation to an electronic communication if:

a) in all cases—a method is used to identify the person and to indicate the person’s intention in respect of the information communicated; and

b) in all cases—the method used was either:

15

c)

as reliable as appropriate for the purpose for which the

electronic

communication

was

generated

or

communicated, in the light

of all the circumstances,

including any relevant agreement; or

d) proven in fact to have fulfilled the functions described in paragraph (a), by itself or together with further

evidence;

Applicability of an Electronic Signature

1) as reliable as appropriate for the purpose for which the electronic communication was generated or communicated,

in

the light of all the circumstances, including any relevant agreement; or

a) proven in fact to have fulfil ed the functions described in paragraph (a), by itself or together with further evidence; and

b) if the signature is required to be given to a

Commonwealth entity, or to a person acting on behalf of

a Commonwealth entity, and the entity requires that the

method used as mentioned in paragraph (a)

be in

accordance

with

particular

information technology

requirements—the entity’s requirement

has been met;

and

c) if the signature is required to be given to a person who is neither a Commonwealth entity nor a person acting on

behalf of a Commonwealth entity—the person to whom

16

the signature is required to be given consents to that

requirement being met by way of the use of the method

mentioned in paragraph (a).

With the international landscape, it’s important to understand the legal implications that come along with convenience. Here are some examples of when e-signatures are applicable in Australia.

Use Cases for E-signing

Instances where electronic signatures are general y considered appropriate:

● HR documents, such as new employee onboarding processes including employment contracts, non-disclosure agreements, employee invention agreements, privacy notices, and benefits paperwork

● licenses for intellectual property

● commercial agreements between corporate entities,

including

non-disclosure agreements, invoices, purchase orders, sales agreements and service agreements

● consumer agreements

● residential and commercial lease agreements

17

Use Cases Requiring Physical Signatures

There are some cases where a handwritten signature will be necessary. These include:

● official Commonwealth documents such as passports

● statutory declarations requiring a witness (excluded from ETA)

● powers of attorney in certain States/Territories (Powers of Attorney Act 2014 (Vic) s 33)

● wills, codicils and other

testamentary instruments (excluded

from ETA and notarization required by Succession Act

2006

(NSW))

● bil s of exchange

● the signature, lodgement, service and filing of

documents in

connection with legal proceedings in certain States/Territories

● certain documents under legislation relating to health insurance, life insurance and general insurance

● certain documents, notices, and consents used in connection with the provision of credit related services under the National Consumer Credit Protection Act 2009 (Cth)

● transfers of intangible property, such as intellectual property 18

E-signing Laws: New Zealand

Named the world’s easiest country to conduct business in 2016, New Zealand is not just a pretty face. The beautiful country boasts legal business structures that facilitate the smooth incorporation of companies.

Adding on to this, New Zealand introduced its Electronic Transactions Act in 2002 to help make international

business activities even more

convenient, especially on the go.

New Zealand welcomes foreign investors, implementing many business incentives that entices people to start a business in the Land of the Long White Cloud.

As an example of how simple

and convenient New Zealand’s

procedures have become, have a look at

their electronic signature

regulations.

19

The Rules for E-signing in New Zealand

New Zealand adopts an open legal model.

Legal requirement for signature:

1) Subject to subsection (2) of the ETA, a legal requirement for a signature other than a witness’

signature is met

by means of

an

electronic signature if the electronic signature—

a) adequately identifies the signatory and adequately indicates the signatory’s approval of the information

to which the signature relates; and

b) is as reliable as is appropriate given the purpose for which, and the circumstances in which, the signature is

required.

20

2) A legal requirement for a signature that relates to information legally required to be given to a person is met

by means of an electronic

signature only if that person consents to receiving the electronic signature.

Applicability of an Electronic Signature

Presumption about reliability of electronic signatures:

1) For the purposes of sections 22 and 23, it is presumed that an electronic signature is as reliable as is appropriate if—

(a) the means of

creating the electronic signature is

linked to the signatory and to no other person; and (b) the means of creating the electronic signature was

under the control of the signatory and of

no other

person; and

(c) any alteration to the electronic signature made after the time of signing is detectable; and

(d) where the purpose of the legal requirement for a

signature is to provide assurance as to the integrity of

the information to which it relates, any alteration made to that information after the time of signing is detectable.

(2) Subsection (1) does not prevent any person from proving on other grounds or by other means that an electronic signature—

1. is as reliable as is appropriate; or

2. is not as reliable as is appropriate.

21

Use Cases for E-signing

Instances where electronic signatures are general y considered appropriate:

● HR documents

such as employment contracts, benefits

paperwork, and other new employee onboarding processes

● commercial agreements between corporate entities including NDAs, procurement documents, sales agreements

● consumer agreements including new retail

account opening

documents

● Some real estate documents, such as lease agreements

● IP licenses, including patent, copyright and trademark

Use Cases Requiring Physical Signatures

There are some cases where a handwritten signature will be necessary. These include:

● warrants

● bil s of landing

● wills, codicils, or other testamentary instruments

● Notarization - real property transfer contracts and deeds

● powers of attorney and enduring power of attorney

● affidavits statutory declarations, or other documents given on oath or affirmation

● transfers of intellectual property

22

North and East Asia

E-signing Laws: China

China has been fast ascending in the world of business, with technological advances that are said to rival Silicon Val ey. With the booming business and growth in China’s Growth Domestic Product, foreign trade has accounted for nearly 40% of it.

With a growing, prominent global economy, China’s Electronic Signature Law has greatly increased the efficiency possibilities of business transactions. This cuts down on time and resources used to complete a business transaction, al owing trade to continue smoothly.

Since 2004, e-signatures have been legally recognised in China under The PRC Electronic Signature Law.

23

The Rules for E-signing in China

The use of electronic signatures is under the Electronic Signature Law.

China adopts an open Electronic Signature legal model.

(1) the “electronic signatory”

means a person who holds the

creation data of an electronic signature and produces the electronic signature either in person or on behalf of the person he represents

Chapter III Electronic Signature and Certification

Article 13

If an electronic signature concurrently meets the following conditions, it shall be deemed as a reliable electronic signature: (1) when the creation data of

the electronic signature are used for

electronic signature, it exclusively belongs to an electronic signatory;

(2) when the signature is entered, its creation data are controlled only by the electronic signatory;

(3) after the signature is entered, any alteration made to the electronic signature can be detected; and

(4) after the signature is entered, any alteration made to the contents and form of a data message can be detected.

24

The parties concerned may also choose to use the electronic signatures which meet the conditions of reliability they have agreed to.

Applicability of an Electronic Signature

China’s legal model is different to a tiered one where Qualified Electronic Signatures are seen as a legitimate form of e-signature. In China there aren’t any conditions for electronic signature types.

Chinese PRC law states

that a traditional signature isn’t always

needed for a contract to be viewed as credible. Contracts are seen as valid if legal y able individuals reach an agreement (verbal y, electronically or by physically signing). The E-Signature Law says that contracts can’t be refused for simply being electronic. Under Chinese Law, if called into question, these contracts may have to be supported in court with extra evidence.

Use Cases for E-signing

Instances where e-signatures are generally considered appropriate:

● consumer agreements, including invoices, purchase orders, order confirmations, sales terms, services terms, policies, shipment documentation, and user manuals

25

● HR Documents, such as regular employment contracts, NDAs, privacy notices, employee invention agreements benefits

paperwork and other new employee onboarding processes

● commercial agreements between corporate entities,

including

invoices, sales agreements, distribution agreements, service agreements, NDAs, and purchase orders

Use Cases Requiring Physical Signatures

There are some cases where a handwritten or wet ink signature wil be necessary. Examples include:

● government-related filings, including application forms for registration or licensing and assignment of intellectual property rights

● mortgages

● commercial and residential leases and real property transfer contracts

● certain commercial contracts, including major transactions of listed companies

● certain family law documents, ie. those pertaining to marriage, adoption, and succession

● securitisation documents

26

E-signing Laws: Hong Kong

Under Hong Kong law, the Electronic Transaction Ordinance (ETO) confirms contracts cannot be denied enforceability on the basis that they are concluded electronically. Contracts are generally valid if legally competent parties reach an agreement, this include verbal, electronic or with a physical document.

To prove a valid contract,

parties may have to present

evidence in

court. Digital transaction management solutions can provide electronic records that will be admissible under Hong Kong law,

to support the

authenticity of a contract.

27

The Rules for E-signing in Hong Kong

Under ETO, Part III, Section 6:

Where an electronic signature of

the first mentioned person satisfies

the requirement if—

a) The first mentioned person uses a method to attach the electronic signature to or logical y associate the

electronic signature with an electronic record for

the

purpose of identifying himself and indicating his

authentication or approval of the information contained in the document in the form of the electronic record;

b) Having regard to all

the relevant circumstances, the

method used is

reliable, and is appropriate, for the

purpose for which the information contained in the

document is communicated; and

c) The second mentioned person consents to the use of the method by the first mentioned person. (Replaced 14 of

2004 s. 5)

Applicability of an Electronic Signature

Admissibility of electronic records:

28

Without prejudice to any rules of evidence, an electronic record shall not be denied admissibility in evidence in any legal proceeding on the sole ground that it is an electronic record.

So, in a nutshel , you should consider anything you sign digital y to have equal weight to anything you sign on pen and paper

in Hong

Kong. For most of us living in countries with developed internet and

communications infrastructure, electronic signatures wil become a part of everyday life, if they haven’t already.

Use Cases for E-signing

Instances where e-signatures are generally considered appropriate:

● corporate secretarial filings

● HR documents, such as new employee onboarding processes including employment contracts, non-disclosure agreements, employee invention agreements, privacy notices, and benefits paperwork

● commercial agreements between corporate entities,

including

non-disclosure agreements, invoices, purchase orders, sales agreements and service agreements

● consumer agreements, including purchase orders, order

confirmations, sales terms, services terms, invoices, shipment documentation, user manuals, and policies

● transfers of intellectual property (e.g., copyright assignments and patents)

29

● licenses for intel ectual property, including patent, copyright, software and trademark

Use Cases Requiring Physical Signature or a QES

There are some cases where a qualified electronic signature (QES) will be necessary. An electronic signing document validates a QES. A QES

is considered to be the same as a handwritten signature.

Examples

include:

● Government leases and grant conditions(Schedule 1 ETO)

● judgments, and lis pendens referred to in the Land Registration Ordinance (Cap 128) by which any parcels of ground tenements or premises in Hong Kong may be affected (Schedule 1 ETO)

● assignment

or

mortgage

within

the

meaning

of

the

Conveyancing and Property Ordinance (Cap 219) or any other contract relating to or effecting the disposition of

immovable

property or an interest in immovable property (Schedule 1 ETO)

● a document effecting a floating charge referred to in section 2A of the Land Registration Ordinance (Cap 128)

(Schedule 1

ETO)

● oaths and affidavits (Schedule 1 ETO)

● statutory declarations (Schedule 1 ETO)

● judgments or orders of court (Schedule 1 ETO)

● a warrant issued by a court or a magistrate (Schedule 1 ETO)

● negotiable instruments (Schedule 1 ETO)

30

● employee termination notices

● the creation, execution, variation, revocation, revival or rectification of a wil , codicil or any other testamentary document (Schedule 1 ETO)

● the creation, execution, variation or revocation of a trust (other than resulting, implied or constructive trusts) (Schedule 1 ETO)

● the creation, execution, variation or revocation of a power of attorney (Schedule 1 ETO)

● the making or execution of any instrument, including

commercial agreements, which is required to be stamped or endorsed under the Stamp Duty Ordinance (Cap 117)

other

than a contract note to which an agreement under section 5A of that Ordinance relates (Schedule 1 ETO)

31

E-signing Laws: Japan

Japan’s tech industry has changed the global

digital landscape in

recent decades. From robotic

servers at food chains to using

technology for sustainability efforts for

the Olympics 2021 project,

Japan is leading the charge with tech.

As a pioneering hub for

technology, it is only fitting that their legal

processes be keeping up with the times.

Japan’s Act on Electronic

Signatures and Certification Business governs the legality of electronic signatures for

certified business transactions.

Japan has

recognised e-signatures as a legal form of signing since 2000, giving businesses the option to use them whilst trading. However, the degree 32

of legality that an electronic signature holds in Japan must meet the

requirements as stated in the Act.

The use of electronic signatures is under the compliance of the Act on Electronic Signatures and Certification Business. Japan also adopts a tiered Electronic Signature legal model.

The Rules for E-signing in Japan

Contracts are valid if

parties reach an agreement,

whether they

agree verbally, electronically, or in a physical

document (e.g.

paper) .

The Japan E-signature Law recognises electronic signatures as a method of entering into agreements, including conditions for the presumption of legal authenticity.

Applicability of an Electronic Signature

To prove a valid contract,

parties often must present evidence in

court. In general, Japanese courts have broad discretion in admitting and evaluating evidence. Leading digital transaction management solutions may be able to provide electronic records that are admissible as evidence, to help support the existence, authenticity and valid acceptance of a contract.

33

Under Chapter II :Presumption of Authentic Establishment of Electromagnetic Record of the Act, Article 3 states, ‘Any electromagnetic record that is made in order to express information (except for that prepared by a public official

in the course of duties)

shall be presumed to be established authentically if the Electronic Signature (limited to that

which can be performed by the principal

through appropriate management of codes and properties necessary to perform this)

is performed by the principal with respect to

information recorded in such electromagnetic record.’

Japanese e-signature law sees electronic signatures as a legitimate method of entering into agreements and in general; Japanese courts give generous discretion in admitting and evaluating evidence.

This

means that Qualified Electronic Signatures are seen as a legal type of e-signature. But this doesn’t mean that a non-QES e-Signature can’t be submitted in court,

it simply means there wil

be extra evidence

needed to support it.

Use Cases for E-signing

Instances where e-signatures are generally considered appropriate:

● IP Transfer agreements

● consumer agreements

● certain HR documents, like new employee onboarding

processes

34

● general lease agreements

● commercial agreements including NDAs and sales agreements Use Cases Requiring Physical Signatures

There are some cases where a handwritten signature are still required.

Examples include:

● some fixed term real estate lease agreements (Act on Land and Building Leases)voluntary guardianship contracts (Act on

Voluntary Guardianship Contract)

● testamentary documents (Civil Code)

● some government filings under a power of attorney

Japan’s Act on Electronic Signatures and Certification Business states

“An e-signature is a measure taken with respect to information that can be recorded in an electromagnetic record (a record in electronic, magnetic or any other form not perceivable by human senses and that is used for information processing by computers), and that falls under both of the following requirements: It indicates that the person who has taken the measure created the information.

It confirms whether the

information has been altered.”

35

E-signing Laws: Macau

The only Chinese city to legalise the casino business has been thriving as Macau has owned the top tourist spot in Asia for its prolific gambling scene.

Macau’s casino business attracts international tourists and accounts for 15% of employment for the working population. This small city also boasts tourist attractions that are enticing for international businesses to invest in. As Macau finds its place internationally, foreign businesses should

understand

the

legal procedures regarding electronic

signatures, which vastly improve the ease of conducting international business fluidly.

36

The Macau Civil Code governs the electronic signature legislation and adopts a tiered legal model.

The Rules for E-signing in Macau

The passage of The Macau Law of

Electronic Documents and

Signatures in 2005 means

e-signatures are legally recognised in

Macau.

To prove a valid contract,

a written signature is not

required and

contracts are considered valid if competent individuals reach an agreement. This can be verbally or electronical y so long as its integrity can be shown. If parties need to present

evidence in court, digital

transaction management solutions can provide electronic records that are admissible as evidence under Articles 355 and 362 of the Macau Civil Code and Article 450 ff. of the Macau Civil Procedure Code.

Use Cases for E-signing

Instances where e-signatures are generally considered appropriate:

● HR documents, such as new employee onboarding processes including employment contracts, non-disclosure agreements, employee invention agreements, privacy notices, and benefits paperwork

● licenses for intellectual property, including software

37

● commercial agreements between corporate entities,

including

non-disclosure agreements, invoices, purchase orders, sales agreements and service agreements

● consumer agreements, including purchase orders, order

confirmations, sales terms, services terms, invoices, shipment documentation, user manuals, and policies

Use Cases Requiring Physical Signature

There are some cases where a handwritten signature may be necessary. These include:

● Public works contracts (Decree-Law 74/99/M)

● Promissory contracts to purchase or transfer real property with real efficiency (Article 407, Macau Civil Code)

● Transmission of the property or use of a commercial enterprise, as well as the constitution of real use or guarantee rights over it, when the commercial enterprise comprises real assets (Article 94, Macau Notary Code)

● Division of common assets and property sharing in relation to inheritance, companies or any other common assets that

comprise assets for which transmission a public deed is

required (Article 94, Macau Notary Code)

● Incorporation, spin-off or merger of companies when they involve the assets for

which transmission a public deed is

required (Article 94, Macau Notary Code)

38

● Incorporation of groups of economic interest, consortium contracts and joint-ventures, when the interests provided comprise assets for

which transmission of

a public deed is

required (Article 94, Macau Notary Code)

● Assignment of assets to creditors when it comprises assets for which transmission of

a public deed is required (Article 94,

Macau Notary Code)

● Contracts of extrajudicial transaction when from them effects that require a public deed may derive (Article 94, Macau Notary Code)

● Constitution of associations and foundations when they involve the transmission of real assets (Article 94, Macau Notary Code)

● Constitution and modification of mortgages over real assets, the transmission thereof of the change in the priority of the respective registration and the pledge of mortgage credits that must be registered with the land registry (Article 94,

Macau

Notary Code)

● Constitution, modification and discharge of the consignment of earnings and fixing and amendments of monthly alimony when charged over real assets (Article 94, Macau Notary Code)

● Financial leasing contracts over real assets (Article 94, Macau Notary Code)

● Revocation of residential and commercial lease agreements by mutual agreement of the parties, to be used as “enforceable titles” (Article 1015, Macau Civil Code)

39

● Residential and commercial lease agreements (Article 1032, Macau Civil Code)

● Assignment of the rental contract for commercial purposes to a third party (requires the witness of

the signatures by a notary

under (Article 1049, Macau Civil Code)

● Acts of incorporation (Article 179, Macau Commercial Code)

● Assignments of quotas in private limited liability companies by quotas (Article 366, Macau Commercial Code)

● Resignation of directors in private limited liability companies by quotas (Article 388, Macau Commercial Code)

● Commercial pledge (Article 915, Macau Commercial Code)

● Fiduciary transmission in guarantee (Article 918, Macau Commercial Code)

● Floating guarantee (Article 931,Macau Commercial Code)

● Powers of Attorney that confer generic civil or commercial administration powers, powers for exchange transactions,

powers that involve the confession,

waiver or transaction in

judicial proceedings, and representation powers to intervene in acts that should be executed through public deed or

similar

notary instrument (Article 258, Macau Civil Code)

● Acts that import the recognition, constitution, acquisition, division or extinction of property rights, usufruct, use and housing rights, surface rights or servitude rights over real property, whether gratuitous or onerous (Article 94, Macau Notary Code)

40

● Certain contracts governed by the law of

succession, such as

contracts of inheritance (Article 94, Macau Notary Code)

● Contracts transmitting, renouncing to or

waiving inheritance

when the inheritance comprises real assets (Article 94, Macau Notary Code)

● Public wil s (Article 2039, Macau Civil Code)

● Marriage contracts that cannot be executed according to the rules governing Civil Registry (Article 94, Macau Notary Code)

● Notarial Justifications (Article 94, Macau Notary Code)

● Strata Deeds (article 94, Macau Notary Code)

● Contracts for perpetual rent and lifetime rent if, in this case, the transmitted thing or right is valued in more than MOP500,000 or if that is the required form for its sale (Article 94, Macau Notary Code)

41

E-signing Laws: Singapore

A melting pot for international businesses, Singapore’s presence on the map has been anything but small. The importance of global business transactions for the Singapore economy heightens the need for convenience when conducting business.

Singapore’s legal framework, with regards to electronic signatures, is also aligned with international legal guidelines by key trading partners who ensure Singapore’s thriving business ecosystem.

The Electronic Transaction Act

(ETA) was introduced in 1998 then

revised in 2010.

It follows a tiered Electronic Transaction scheme.

Drawing on the need for convenience and accessibility regardless of 42

physical locations, the ETA knocks down a barrier to entry for engaging in international business activities.

An electronic signature comes with the equal weightage as a traditional, written or “wet” signature. The legality of signatures, electronic or written, is not compromised regardless of how you are signing a document.

The Rules for E-signing in Singapore

The use of

electronic signatures is under the compliance of

the

Electronic Transaction Act (ETA). Singapore also adopts a tiered Electronic Signing scheme.

Secure Electronic Signature

18.—(1) If, through the application of a specified security procedure, or a commercial y reasonable security procedure agreed to by the parties involved, it can be verified that an electronic signature was, at the time it was made —

(a) unique to the person using it;

(b) capable of identifying such person;

(c) created in a manner or using a means under the sole control of the person using it; and

43

(d) linked to the electronic record to which it relates in a manner such that if the record was changed the electronic signature would be invalidated, such signature shall be treated as a secure electronic signature.

(2) Whether a security procedure is commercially reasonable shall be determined in accordance with section 17(2).

Applicability of an Electronic Signature

Presumptions relating to secure electronic records and signatures 19.—(1) In any proceedings involving a secure electronic record, it

shall be presumed, unless evidence to the contrary is adduced, that

the secure electronic record has not

been altered since the specific

point in time to which the secure status relates.

(2) In any proceedings involving a secure electronic signature, it shall be presumed, unless evidence to the contrary is adduced, that —

(a) the secure electronic signature is the signature of the person to whom it correlates; and

(b) the secure electronic signature was affixed by that

person

with the intention of signing or approving the electronic record.

(3) In the absence of a secure electronic record or a secure electronic signature, nothing in this Part shal create any presumption relating to 44

the authenticity and integrity of

the electronic record or

electronic

signature.

Use Cases for E-signing

Instances where e-signatures are generally considered appropriate:

● HR documents, such as new employee onboarding processes including employment contracts, non-disclosure agreements, employee invention agreements, privacy notices, and benefits paperwork

● transfers of intellectual property (e.g., copyright assignments and patents)

● licenses for intel ectual property, including patent, copyright, software and trademark

● commercial agreements between corporate entities,

including

non-disclosure agreements, invoices, purchase orders, sales agreements and service agreements

● consumer agreements, including purchase orders, order

confirmations, sales terms, services terms, invoices, shipment documentation, user manuals, and policies

Use Cases Requiring Physical Signatures

45

There are some cases where a handwritten signature will be necessary. These include:

● Contracts relating to or effecting the disposition of immovable property or an interest in immovable property

● Wil s

● Declaration of trust or power of attorney

● Negotiable instruments

● Promissory notes

● Documents of title

● Consignment notes

● Bil s of exchange

● Bil s of lading

46

E-signing Laws: Taiwan

Taiwanese bubble tea has been making an impact international y and is just one great example of one of the trendy and lucrative businesses that have gained traction global y from Taiwan.

Foreign trade has been spearheading the growth of Taiwan’s economy for the past few decades. As a key country on the economic rise, Taiwan is a hot spot for foreign businesses to set up a branch of their office.

With international business in the modern era, it’s important to know where different countries stand on e-signatures.

47

The Rules for E-signing in Taiwan

Taiwan has enacted the Electronic Signatures Act

in 2001 meaning

parties can use any form of electronic signature to create recognised contracts and documents. To prove a valid contract, parties may need to present evidence in court.

Electronic records are admissible as

evidence.

Article 4: With the consent of the other party, an electronic record can be employed as a declaration of intent.

Where a law or

regulation requires that information be provided in

writing, if the content of the information can be presented in its integrity and remains accessible for subsequent reference, with the consent of the other party, the requirement is satisfied by providing an electronic record.

Article 9: Where a law or regulation requires a signature or seal, with the consent of the other party, the requirement is satisfied by using an electronic signature.

Applicability of an Electronic Signature

Article 9 – By stipulation of

a law or regulation or prescription of a

government agency, the application of the preceding paragraph may be exempted, or otherwise require that particular technology or procedure be followed. In the event that particular technology or procedure is 48

required, the stipulation or prescription shall be fair and reasonable, and

shall

not

provide

preferential

treatment

without proper

justifications.

Use Cases for E-signing

Instances where electronic signatures are general y considered appropriate:

● HR documents, such as new employee onboarding processes including employment contracts, non-disclosure agreements, employee invention agreements, privacy notices, and benefits paperwork

● transfers of intellectual property (e.g., copyright assignments and patents)

● licenses for intel ectual property, including patent, copyright, software and trademark

● commercial agreements between corporate entities,

including

non-disclosure agreements, invoices, purchase orders, sales agreements and service agreements

● consumer agreements, including purchase orders, order

confirmations, sales terms, services terms, invoices, shipment documentation, user manuals, and policies (but not consumer loan agreements).

● residential and commercial lease agreements

49

● transfers of intangible property (e.g., patent and copyright assignments)

Use Cases Requiring Physical Signatures

There are some cases where a handwritten signature will be

necessary. These include:

● Home care service agreements for foreign workers

● Issuance and amendment of passport

● Notarization – real property transfer contracts and deeds

● Application documents required under Land Expropriation Act, Construction Act, Sand and Gravel

Excavation Act, Factory

Management Act

● Notices of insurance contracts and evidential

documents for

insurance claims under the Insurance Law required by the

Financial Supervisory Commission (Ruling dated March 31,

2016

No.

10502561091

by

the

Financial

Supervisory

Commission)

● Securities transactions and listing documents required by the Financial Supervisory Commission under Securities Transaction Act, Merger and Acquisition Act,

Regulations Governing the

Administration of Shareholder Services of Public Companies (Ruling dated August 17, 2016 No. 10500309771 by the

Financial Supervisory Commission)

50

South-East Asia

E-signing Laws: Indonesia

A promising foreign business economy,

Indonesia is a country with

interesting prospects for growing one’s business. It’s important to note Indonesia’s political, cultural and social practices to properly conduct international business there.

Foreign investment and starting a business in Indonesia comes with several legal requirements and it is good practise to read up on the processes to arm yourself with knowledge before starting out in a new country.

51

The Rules for E-signing in Indonesia

Indonesia implemented the Electronic Information and Transaction Law in 2008 and adopts a tiered legal scheme.

A written signature is not

always required for a valid contract under

Indonesian law. It would be prudent to take note that the courts in Indonesia have been more hesitant

than other countries in Asia to

adopt e-signing technologies. In recent times, however, they have begun to accept electronically signed documents in court, often asking to verify through both seeing the softcopy on a laptop as wel as a

hardcopy document. Printing of e-signed documents is recommended.

Contracts are generally valid if

legally competent parties reach an

agreement, whether they agree verbally, electronical y or in a physical paper document, provided that the basic requirements of a contract under the Indonesian Civil Code are fulfil ed i.e.,

(1) consent;

(2) competency;

(3) certainty, and

(4) permissible cause (i.e., it does not contravene the prevailing regulations and principles of public order and morality).

52

The Law No. 11 of 2008 on Electronic Information and Transaction as amended by Law No.

19 of 2016 specifically confirms that

electronic contracts are valid and acceptable.

Government Regulation 82 provides that there are 2 types of electronic signature namely (i) certified and (i ) uncertified. There is no mandatory requirement to have a certified electronic signature.

Applicability of an Electronic Signature

To prove a valid contract,

parties may sometimes have to present

evidence in court. Leading digital transaction management solutions can provide electronic records that are admissible in evidence under Article 44 of

Law No. 11 of 2008 on Electronic Information and

Transaction, to support the existence, authenticity and valid acceptance of a contract.

Use Cases for E-signing

Instances where e-signatures are generally considered appropriate:

● consumer agreements, including new retail

account opening

documents

● commercial agreements between corporate entities,

including

NDAs and sales agreements

● real estate documents, including lease agreements

53

Use Cases Requiring Physical Signatures

There are some cases where a handwritten or wet ink signature wil be necessary. Examples include:

● HR documents

● corporate

documents,

such

as articles of association,

shareholders resolutions, share/asset transaction documents

● IP transfer documents

● real property transfer contracts and deeds (except lease contracts and other contracts related to real

estate, which can

be generally signed validly via any form of electronic signature)

● certain corporate documents, such as share/asset transactions documents

54

E-signing Laws: Thailand

Known as the “Land of Smiles”, Thailand’s tourism industry has been booming. On top of

this, Thailand has been a regional

leader in

agriculture, automotive, and electronics.

Business in Thailand is lucrative and promises a strong and resilient tourism industry that can be boosted even more by international business activities.

Thailand’s growing global presence in other sectors of the economy provides plenty of opportunities for growth in the nation.

55

The Rules for E-sign in Thailand

Thailand has an Electronic Signature Act

and adopts a tiered legal

model.

Under Thai law, a written signature is not

necessarily required for a

valid contract – contracts are generally valid if legally competent parties reach an agreement, whether they agree verbally, electronically or in a physical paper document (Sections 7, 9, 13 of the E-Transactions Act).

The E-Transactions Act specifically confirms that contracts cannot be denied

enforceability

merely

because

they

are

concluded

electronically.

Applicability of an Electronic Signature

To prove a valid contract, parties sometimes have to present evidence in court. In the absence of a QES, leading digital transaction management solutions can provide electronic records that are admissible in evidence under Section 11 of the E-Transactions Act, to support the existence, authenticity and valid acceptance of a contract.

56

Use Cases for E-signing

Instances where e-signatures are generally considered appropriate:

● consumer agreements, including invoices, purchase orders, order confirmations, sales terms, services terms, policies, shipment documentation, and user manuals

● HR Documents, such as regular employment contracts, NDAs, privacy notices, employee invention agreements benefits

paperwork and other new employee onboarding processes

● real estate documents including leases

● commercial agreements between corporate entities,

including

invoices, sales agreements, distribution agreements, service agreements, NDAs, and purchase orders

Use Cases Requiring a Physical Signature

There are some cases where a handwritten or wet ink signature wil be necessary. Examples include:

● mortgages

● immovable property contracts

● sale of ships contracts of five tons and over

● certain family law documents, ie. those pertaining to marriage, adoption, and succession

● securitisation documents

57

E-signing laws: The Philippines

The Philippines has become a fast-growing nation over

the past

decades and attributes its growth to the enthusiastic working population, which welcomes globalisation and overseas opportunities.

This is a country that

has its citizens stationed al

over the world

proving the importance of international business for their economy. It is a country with plenty of business opportunities.

58

The Rules for E-signing in The Philippines

The Philippines has an Electronic Commerce Act and adopts a tiered legal model.

Section 8

Pertaining to e-sign laws in The Philippines,

legal recognition is as

follows:

An e-signature on the electronic document shal be equivalent to the signature of a person on a written document

if the signature is an

electronic signature and proved by showing that

a prescribed

procedure, not alterable by the parties interested in the electronic document, existed under which-

(a) A method is used to identify the party sought to be bound and to indicate said party's access to the electronic document necessary for his consent or approval through the electronic signature;

(b) Said method is reliable and appropriate for the purpose for which

the

electronic

document

was

generated

or

communicated, in the light of all circumstances, including any relevant agreement;

(c) It is necessary for the party sought to be bound, in or order to proceed further

with the transaction to have executed or

provided the electronic signature; and

59

(d) The other party is authorised and enabled to verify the electronic signature and to make the decision to proceed with the transaction authenticated by the same.

Section 9

Presumption Relating to Electronic Signatures:

In any proceedings

involving an electronic signature, it shall be presumed that, (a) The electronic signature is the signature of

the person to

whom it correlates; and

(b) The electronic signature was affixed by that person with the intention of signing or approving the electronic document unless the person relying on the electronically designed electronic document knows or has noticed defects in or unreliability of the signature or

reliance on the electronic

signature is not reasonable under the circumstances.

Applicability of an Electronic Signature

Section 11. Authentication of Electronic Data Messages and Electronic Documents. Until the Supreme Court by appropriate rules shall have so provided, electronic documents, electronic data messages and electronic signatures, shall be authenticated by demonstrating, substantiating and validating a claimed identity of a user, device, or 60

another entity is an information or communication system, among other ways, as follows;

(a) The electronic signatures shal

be authenticated by proof

rather than a letter,

character, number or other symbol in

electronic form representing the persons named in and attached to or logically associated with an electronic data message, electronic document, or that the appropriate methodology or security procedures, when applicable, were employed or

adopted by such person, with the intention of authenticating or approving in an electronic data message or electronic

document.

61

E-signing Laws: Vietnam

An export-led gross domestic product

has allowed Vietnam to enjoy

positive growth in the recent

decade. Additionally, big names like

Samsung and LG have expanded their global operations into Vietnam, boosting employment and spurring growth.

As foreign investors and businesses start

to enter the Vietnamese

market, Vietnam has proven to be a country with a rising potential for

many international businesses.

62

The Rules for E-signing in Vietnam

Vietnam’s electronic signature laws are under

the Vietnamese Civil

Code and it adopts a tiered legal framework.

Contracts are generally valid if

legally competent parties reach an

agreement, whether they agree verbally, electronically or in a physical paper document (Civil Code, Article 119).

The Law on E-Transactions

specifically confirms that contracts

cannot be denied enforceability merely because they are concluded electronically (Law on E-Transactions,

Article 14.1). This means a

written signature is not necessarily required for a valid contract.

Applicability of an Electronic Signature

To prove a valid contract, parties sometimes have to present evidence in court. Leading digital transaction management solutions can provide electronic records that

may be admissible in evidence to

support the existence, authenticity and valid acceptance of a contract (Law on E-Transactions, Article 14.2).

Use Cases for E-signing

Instances where e-signatures are generally considered appropriate: 63

● consumer agreements, including invoices, purchase orders, order confirmations, sales terms, services terms, policies, shipment documentation, and user manuals

● HR documents, such as regular employment contracts,

employee invention agreements, benefits paperwork and other new employee onboarding processes as well

as NDAs and

privacy notices.

● commercial agreements including invoices, sales agreements, distribution agreements, service agreements, NDAs, and

purchase orders

Use Cases Requiring Physical Signatures

There are some cases where a handwritten or wet ink signature wil be necessary. Examples include:

● transfers of movable assets

● real property transfer contracts

● intangible property transfers

64

United Kingdom

E-signing Laws: United Kingdom

A leading economic power amongst

the countries, doing business in

the United Kingdom (UK) opens up a large economic base with many opportunities.

However, the business landscape is changing and restructuring in light of the UK leaving the European Union officially. Already, many articles and research papers have been written in speculation of

what the

economy wil progress towards. As the landscape changes,

it is

65

advisable to keep abreast of the business legislation that surrounds international business activities.

The Rules for E-Signing in the United Kingdom

The E-sign laws in the UK are

well-established. The Electronic

Communications Act was introduced in 2000. It adopts a tiered legal framework.

Section 7

Electronic signatures and related certificates.

(1)In any legal proceedings—

(a)an electronic signature incorporated into or logically associated with a particular electronic communication or particular electronic data, and (b)the certification by any person of

such a signature, shall each be

admissible in evidence in relation to any question as to the authenticity of the communication or data or as to the integrity of the communication or data.

(2)For the purposes of this section an electronic signature is so much of anything in electronic form as—

(a)is incorporated into or otherwise logically associated with any electronic communication or electronic data; and

[F2(b)purports to be used by the individual creating it to sign.]

66

Applicability of an Electronic Signature

For the purposes of this section an electronic signature incorporated into or associated with a particular electronic communication or particular electronic data is certified by any person if that person

(whether before or after the making of

the communication) has

made a statement confirming that—

1. the signature,

2. a means of producing, communicating or verifying the signature, or

3. a procedure applied to the signature,

is (either alone or in

combination with other factors) a valid means of signing.

Use Cases for E-signing

Instances where electronic signatures are general y considered appropriate:

● HR documents, such as new employee onboarding processes including employment contracts, and benefits paperwork

● commercial agreements between corporate entities,

including

non-disclosure agreements, invoices, purchase orders, sales agreements and service agreements

● consumer agreements

67

● certain securitization documents, such as a guarantee

● real estate documents

Use Cases Requiring Physical Signatures

There are some cases where a handwritten signature will be necessary. These include:

● real property documents submitted for

registration with Land

Registry and Land Charges Registry, including deed of transfer, certain leases, grants or transfers of a charge

● documents that are registrable or

need to be filed with an

authority. This includes documents required to be sent

to HM

Revenue and Customs, where stamp duty is payable

● wills and lasting powers of attorney

Offshore

E-sign Laws: Cayman Islands

A white-listed ‘tax haven’, Cayman Islands boasts no income taxes and a very stable political and robust economy. In addition, Cayman Islands is known for its fast and flexible incorporation process.

68

This forward-thinking nation and its adoption of technological advances makes it an appealing place to do business.

The Rules for E-signing in Cayman Islands

The Electronic Transactions Law was enacted in 2000.

There were

also revisions to the act in 2003. In essence, the revised act states that

–subject to certain requirements– contracts wil

not be excluded from

having full legal effect by virtue of their execution with an electronic signature.

69

The specifics of the ETL for E-sign laws in Cayman Islands are as follows:

19. (1) Where the signature of

a person is required by a statutory

provision, rule of law, contract, or deed, that requirement shall be met in relation to an electronic record if an electronic signature is used that is as reliable as was appropriate for the purpose for

which the

electronic record was generated or communicated, in all the circumstances, including any relevant agreements.

(2) Subsection (1) applies whether the requirement for a signature is in the form of an obligation or the statutory provision, rule of law, contract or deed provides consequences for the absence of a signature.

(3) An electronic signature shal be reliable for the purpose of satisfying the requirement referred to in paragraph (1) if –

a) the means of

creating the electronic signature is,

within the context

in which it

is used, linked to the

signatory and to no other person;

b) the means of creating the electronic signature was,

at

the time of signing, under the control of the signatory and of no other person;

c) any alteration to the electronic signature, made after the time of signing, is detectable; and

d) where a purpose of the legal requirement for a signature is to provide assurance as to the integrity of

the

70

information to which it relates, any alteration made to that information after the time of signing is detectable.

Applicability of an Electronic Signature

A person relying on an electronic

signature shall bear the legal

consequences of his failure to:

1. take reasonable steps to verify the reliability of an electronic

signature; or

2. where an electronic signature is supported by a certificate, take reasonable steps to –

a) verify the validity, suspension or revocation of the

certificate; or

b) observe any limitation with respect to the certificate.

22. In determining whether, or the extent to which, a certificate or an electronic signature is legally effective, no regard shall be had to the place where the certificate or the electronic signature was issued, nor to the jurisdiction in which the issuer had its place of business.

71

E-signing Laws: British Virgin Islands

40% of the world’s offshore companies are listed as British Virgin Islands (BVI) Company Registrations. The reason why almost half of the total is listed with BVI is because of the multitude of benefits and opportunities that comes with being BVI-registered.

With a strong and robust legal framework and a low-key international profile, conducting businesses with BVI is simple and straightforward.

Known as a ‘tax haven’, BVI is an attractive place to conduct business.

BVI has an independent

judicial system, meaning that prospective

investors ought to be kept up to date with their legal processes.

72

The Rules for E-sign in BVI

The Electronic Transactions Act was implemented to help streamline and increase the convenience with incorporating and starting businesses in BVI.

(1) Where a law or agreement requires a signature, that requirement is satisfied in relation to an electronic communication if:

(a) a method is used to identify the person and to indicate that the person intended to sign or

otherwise adopt the

information in the electronic communication; and

(b) the method used in error in electronic communications.

(c) as reliable as appropriate for

the purpose for which the

electronic communication was generated or communicated,

in

the light of all the circumstances, including any relevant agreement; or

(d) proven to have

fulfilled the

functions described in

paragraph (a), by itself or together with further evidence.

Applicability of an Electronic Signature

Where signature creation data or authentication data can be used to create a signature or authenticate any electronic communication that has legal effect, each signatory shall

73

(a) exercise reasonable care to avoid unauthorised use of his or her signature creation data or authentication data; (b) without undue delay, notify any person who may

reasonably be expected by the signatory to rely on or to

provide services in support of the electronic signature if (i) the signatory knows that the signature creation data or authentication data has been compromised; or

(i ) the circumstances known to the signatory give rise to a substantial risk that the signature creation data or

authentication data may have been compromised;and

(c) where a certificate is used to support the electronic signature or authentication data, exercise reasonable care to ensure the accuracy and completeness of all material representation made by the signatory, which are relevant to the certificate throughout its lifecycle, or which are to be included in the certificate.

It is important to note that

technology is fast advancing and as

countries race to keep up with it legally, everyone should do their part to

learn

the

legal implications of electronic-based business

transactions.

74

E-signing with Zegal

E-signing comes as standard with any of Zegal’s pay-as-you-go documents, free trials, and subscription plans. What makes Zegal such a fierce competitor

in the e-signature market

is the fact

that the

documents are tailor-made to fit

each legal jurisdiction and can be

managed by law firms through Zegal itself, depending on the needs of your business.

Zegal has more than 1,200 documents

customised for the legal

systems in Hong Kong, Singapore, New Zealand, Australia, and the UK that are easily accessible and searchable.

There is a unified

dashboard that lets you have full control of the documents that you create. This also allows for easy collaboration between different parties privy to the document.

You can make use of

the single pay-as-you-go documents, as and

when you need them. Or, choose from one of three subscription plans.

The first is designed for startups and features a comprehensive library of day-to-day legal and business documents. The professional plan includes powerful document editing and process management software while the enterprise plan is for larger teams requiring custom solutions managed by law firms.

Check us out and sign up for one of our free trials, which includes 2

documents and free upload and sign.

75

Business is being conducted electronically either in part or as a whole.

Globally, there are fewer and fewer instances where you wil find a

transaction with no digital element. For most of us, living in countries with developed internet and communications infrastructure, electronic signatures may be a part of everyday life.

Having a succinct understanding of the implications of signing your name electronical y on the dotted line is as important

as reading the

fine print.

76

About Zegal

Zegal is a contract automation platform that enables your business to create, collaborate and execute contracts at scale. Unlimited eSignatures, thousands of business agreements, all online.

Hong Kong

+852 5801 9997

sales@zegal.com

Singapore

+65 6589 8923

sales@zegal.com

Australia

+61 2 9191 9738

sales@zegal.com

New Zealand

+64 9951 5840

sales@zegal.com

United Kingdom

+44 20 3393 3885

sales@zegal.com

77

Document Outline

- Page 1

- Page 2

- Page 3

- Page 4

- Page 5

- Page 6

- Page 7

- Page 8

- Page 9

- Page 10

- Page 11

- Page 12

- Page 13

- Page 14

- Page 15

- Page 16

- Page 17

- Page 18

- Page 19

- Page 20

- Page 21

- Page 22

- Page 23

- Page 24

- Page 25

- Page 26

- Page 27

- Page 28

- Page 29

- Page 30

- Page 31

- Page 32

- Page 33

- Page 34

- Page 35

- Page 36

- Page 37

- Page 38

- Page 39

- Page 40

- Page 41

- Page 42

- Page 43

- Page 44

- Page 45

- Page 46

- Page 47

- Page 48

- Page 49

- Page 50

- Page 51

- Page 52

- Page 53

- Page 54

- Page 55

- Page 56

- Page 57

- Page 58

- Page 59

- Page 60

- Page 61

- Page 62

- Page 63

- Page 64

- Page 65

- Page 66

- Page 67

- Page 68

- Page 69

- Page 70

- Page 71

- Page 72

- Page 73

- Page 74

- Page 75

- Page 76

- Page 77

Table of Contents

Page 1

Page 2

Page 3

Page 4

Page 5

Page 6

Page 7

Page 8

Page 9

Page 10

Page 11

Page 12

Page 13

Page 14

Page 15

Page 16

Page 17

Page 18

Page 19

Page 20

Page 21

Page 22

Page 23

Page 24

Page 25

Page 26

Page 27

Page 28

Page 29

Page 30

Page 31

Page 32

Page 33

Page 34

Page 35

Page 36

Page 37

Page 38

Page 39

Page 40

Page 41

Page 42

Page 43

Page 44

Page 45

Page 46

Page 47

Page 48

Page 49

Page 50