What is an NDA?
A Non-Disclosure Agreement (NDA) is a legal contract that prevents someone from sharing your confidential information. It's that simple.
Quick Tip:
NDAs are especially important in Malaysia where intellectual property protection can be challenging to enforce after the fact.
When Do You Need an NDA?
- Before pitching your business idea to investors
- When sharing product designs with manufacturers
- Before discussing proprietary processes with potential partners
- When hiring contractors who'll access sensitive data
- Before any conversation involving trade secrets