KL Bar hosts business law seminar for startups
By Gabey Goh November 20, 2013
- Emphasis on emerging issues such as IP, personal data protection and social media
- Will also discuss new laws and how they affect startups; PDPA compliance session too
THE Kuala Lumpur Bar Information Technology and Publications Committee (ITPC) will be organising a one-day seminar on business law this month, geared toward startups.
The ITPC is a sub-committee of the Kuala Lumpur Bar Committee and is tasked with, among others, creating public awareness on laws related to IT.
Taking place on Nov 26, the seminar will cover practical legal issues for startups with a particular emphasis on the emerging issues such as intellectual property, personal data protection and social media.
Lawyer and member of the organising committee Foong Cheng Leong said that the motivation to host the session was driven by experiences in dealing with and meeting entrepreneurs.
“I noticed that many lack knowledge on basic local laws. Many startups launch their businesses without knowing the law and many resorted to copying and pasting terms and conditions and privacy policies of other businesses without understanding the full effects of such terms and conditions,” he said, in response to queries made by Digital News Asia (DNA).
Aimed at providing participants with the basic knowledge on essential legal issues for startups, the seminar will also cover new laws such as the Limited Liability Partnerships Act 2012, Personal Data Protection Act (PDPA) 2010, Consumer Protection (Electronic Trade Transactions) Regulations 2012 and touch on the upcoming Goods and Services Tax (GST) which may affect startups.
Foong, also a DNA columnist, urged aspiring entrepreneurs and existing startups to attend the seminar, noting that it was a great opportunity to understand local laws governing startups and also to meet other lawyers who will be present for further insight.
Experienced speakers from law firms such as Shook Lin & Bok; Shearn Delamore & Co.; Lee Hishammuddin Allen & Gledhill and Gan Partnership will be conducting sessions.
In addition, a session on how startups can prepare and comply with the newly enforced PDPA will be conducted by associate professor Siti Hajar Mohd Yasin from University Teknologi Mara.
The event will be hosted at the KL Bar Auditorium at Wisma Kraftangan and has a RM100 registration fee for participants. For more information about the seminar, click here.