Artificial Intelligence (AI) & Emerging Technologies

An AI venture in GMC is governed by general law, by contract and by the technology statutes applied by reference. Compute is the natural fit: Green Energy and Technologies is one of the eight priority industries, hydropower anchors the data centre and compute proposition, and the Income Tax Act 2025 allows computers, automation equipment and robots to be written off on an accelerated basis, research and development expenditure to be deducted, and acquired intellectual property to be written down over five, ten or fifteen years, all at a company rate of 15% with the founders company and strategic and development company reliefs available by approval until 31 December 2030. Data flows are governed by the Personal Data Protection Act 2012, electronic contracting by the Electronic Transactions Act 2010 and marketing by the Spam Control Act 2007, each applied in GMC through the Application of Laws Act 2024 and administered by the GMC Authority. Rights in training data, ownership of model outputs and liability for automated decisions are allocated by contract under the received common law, and the Unfair Contract Terms Act 2026 leaves intellectual property contracts free of its controls. A Licensed Firm deploying AI from a vendor remains responsible for the outsourced function and must notify material arrangements to the regulator. Foreign engineers need work passes.

Basnet Law Pte. Ltd. advises founders and corporates on entity formation and priority-industry alignment, data sourcing and processing agreements under the applied Acts, ownership of models, datasets and outputs, software and SaaS licensing, liability allocation for novel products, outsourcing arrangements for regulated customers, tax structuring and incentive applications, work passes, and disputes.