The Co-Owner Business Contract is a crucial legal document used when two or more individuals or entities decide to jointly own and operate a business in Germany. This agreement is essential for establishing clear ownership rights, responsibilities, and operational procedures while ensuring compliance with German business law. It becomes particularly important when founding new businesses, restructuring existing ones, or bringing new co-owners into an established business. The document must align with German legal requirements, including the Handelsgesetzbuch (HGB) and B眉rgerliches Gesetzbuch (BGB), while addressing practical aspects of business co-ownership such as capital contributions, profit sharing, management rights, and exit strategies. This contract serves as the foundational document governing the relationship between co-owners and provides crucial protection for all parties involved in the business venture.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification and details of all co-owners entering into the agreement
2. Background: Context of the business relationship and purpose of the agreement
3. Definitions: Clear definitions of key terms used throughout the agreement
4. Business Purpose and Scope: Detailed description of the business activities and objectives
5. Ownership Structure: Specification of ownership percentages and capital contributions
6. Capital Contributions: Details of initial and any required future capital contributions
7. Management and Decision Making: Governance structure, voting rights, and decision-making processes
8. Profit and Loss Distribution: Formula and timing for distributing profits and losses
9. Financial Management: Banking, accounting practices, and financial reporting requirements
10. Transfer of Ownership: Rules regarding sale, transfer, or encumbrance of ownership interests
11. Death or Incapacity: Procedures in case of death or incapacity of a co-owner
12. Non-Competition and Confidentiality: Restrictions on competitive activities and handling of confidential information
13. Dispute Resolution: Procedures for resolving disputes between co-owners
14. Term and Termination: Duration of the agreement and conditions for termination
15. Governing Law: Specification of German law as governing law and jurisdiction
16. General Provisions: Standard legal provisions including notices, amendments, and severability
1. Intellectual Property Rights: Allocation of IP rights when the business involves significant intellectual property
2. Employment of Co-Owners: Terms for co-owners working in the business in operational roles
3. Insurance Requirements: Specific insurance obligations for the business and co-owners
4. Business Premises: Provisions regarding ownership or lease of business premises
5. External Financing: Procedures for obtaining and managing external financing
6. Succession Planning: Detailed provisions for business succession beyond basic death/incapacity
7. Digital Assets and Online Presence: Management and ownership of digital assets and online accounts
8. Environmental Compliance: Special provisions for businesses with environmental impacts
1. Schedule 1 - Initial Capital Contributions: Detailed list of each owner's initial capital contributions, including valuations
2. Schedule 2 - Business Plan: Initial business plan and strategic objectives
3. Schedule 3 - Management Structure: Detailed organizational chart and management responsibilities
4. Schedule 4 - Financial Procedures: Detailed accounting procedures and financial reporting requirements
5. Schedule 5 - Intellectual Property Register: List of all intellectual property owned by the business
6. Appendix A - Shareholders' Contact Information: Complete contact details for all co-owners
7. Appendix B - Bank Account Details: Business banking information and authorized signatories
8. Appendix C - Required Insurance Policies: List of required insurance coverage and minimum amounts
Find the exact document you need
Property Ownership Contract
A German law-governed contract for transferring real estate ownership, requiring notarization and registration in the land register (Grundbuch).
Download
Commercial Partnership Agreement
A German law-governed agreement establishing a commercial partnership, defining partner relationships, responsibilities, and operational framework.
Download
Basic Partnership Agreement
A German law-governed agreement establishing a partnership between parties, defining core business relationships and responsibilities under the BGB framework.
Download
Business Ownership Contract
A German law-governed contract documenting the transfer of business ownership between parties, including terms, conditions, and regulatory compliance requirements.
Download
Design Ownership Agreement
A German law-governed agreement for transferring complete ownership rights of industrial designs or aesthetic creations, ensuring compliance with German IP laws and design protection regulations.
Download
Simple General Partnership Agreement
A German law agreement (GbR) establishing a simple partnership between two or more parties, governed by the German Civil Code.
Download
Joint Patent Ownership Agreement
A German law agreement establishing joint ownership rights and obligations for patents between multiple parties.
Download
Co Owner Business Contract
A German law-governed agreement establishing the legal framework and terms for business co-ownership between two or more parties.
Download
Standard Partnership Agreement
A German law-compliant agreement establishing a partnership between multiple parties, defining their rights, obligations, and business relationship.
Download
Software Ownership Agreement
German law agreement for transferring complete ownership rights in software, including intellectual property and related assets.
Download
Shared Ownership Contract
German law-compliant agreement establishing shared property ownership rights, obligations, and management framework between multiple parties.
Download
Real Estate Purchase Agreement For Sale By Owner
A German law-governed agreement for direct real estate sales between private parties, requiring notarization and detailing property transfer terms and conditions.
Download
Partnership Contract Agreement
A German law-governed agreement establishing and regulating a business partnership, defining partner rights, obligations, and operational framework.
Download
Company Ownership Contract
A German law-governed agreement establishing company ownership structure, shareholder rights, and corporate governance framework.
Download
Company Ownership Agreement
A German law-governed agreement establishing company ownership structure, shareholder rights, and governance framework.
Download
Joint Ownership Agreement
A German law-governed agreement establishing terms and conditions for shared ownership of property or assets between multiple parties, aligned with BGB requirements.
Download
Intellectual Property Ownership Contract
German law-compliant agreement for transferring intellectual property ownership, including comprehensive IP rights transfer provisions and registration requirements.
Download
Fractional Ownership Agreement
German law-governed agreement establishing shared ownership rights and responsibilities among multiple parties for a specific asset, structured under German Civil Code requirements.
Download
Operating Partnership Agreement
A legal document establishing a commercial partnership under German law (HGB/BGB), defining partner relationships, management structure, and operational framework.
Download
Beneficial Owner Agreement
A German law agreement documenting beneficial ownership arrangements and compliance obligations under GwG and TraFinG regulations.
Download
Partnership Investment Agreement
German law-governed agreement establishing terms for partnership investment, including capital contributions, profit sharing, and management rights.
Download
Small Business Partnership Agreement
A German law-compliant agreement establishing the terms and conditions for a small business partnership, structured according to BGB and HGB requirements.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)