The Informal Partnership Agreement is designed for use in Hong Kong when two or more parties wish to establish a business partnership without the formality and complexity of a full partnership deed. This document is particularly suitable for small to medium-sized ventures, start-ups, or trial business relationships where partners want to maintain flexibility while still having clear written terms. It captures essential partnership elements required under Hong Kong's Partnership Ordinance (Cap. 38), including capital contributions, profit sharing, and management arrangements, while remaining adaptable to evolving business needs. The agreement provides sufficient legal protection while being more accessible and cost-effective than a formal partnership deed, making it ideal for entrepreneurs and small business owners starting their business journey together.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of all partners, including full names, addresses, and Hong Kong ID/passport numbers
2. Background: Brief context of why the partnership is being formed and the general business purpose
3. Definitions: Key terms used throughout the agreement
4. Partnership Business: Detailed description of the business activities to be conducted by the partnership
5. Capital Contributions: Initial and ongoing capital contributions required from each partner
6. Profit and Loss Sharing: How profits and losses will be distributed among partners
7. Management and Decision Making: Day-to-day management responsibilities and how decisions will be made
8. Banking and Financial Matters: Banking arrangements and financial management procedures
9. Partners' Duties and Obligations: Core responsibilities and commitments of each partner
10. Term and Termination: Duration of the partnership and circumstances for termination
11. Governing Law: Confirmation that the agreement is governed by Hong Kong law
1. Non-Competition: Restrictions on partners engaging in competing businesses - include when partners have other business interests
2. Intellectual Property: Ownership and use of IP - include when the business involves creative works, technology, or brands
3. Additional Capital Calls: Process for requesting additional capital - include for businesses likely to need future funding
4. Dispute Resolution: Detailed process for resolving disagreements - include for larger or more complex partnerships
5. Insurance: Required insurance coverage - include for businesses with significant risks or assets
6. Death or Incapacity: Procedures following death or incapacity of a partner - include for longer-term partnerships
1. Schedule 1 - Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions, including cash, assets, or services
2. Schedule 2 - Profit Sharing Ratios: Specific percentages or formulas for profit and loss distribution
3. Schedule 3 - Business Plan: Initial business plan and strategy (if applicable)
4. Appendix A - Partner Contact Details: Complete contact information for all partners and key representatives
5. Appendix B - Banking Arrangements: Details of partnership bank accounts and authorized signatories
Relevant legal definitions
Clauses
Relevant Industries
Retail
Professional Services
Technology
Food & Beverage
Creative Industries
Consulting
E-commerce
Trading
Real Estate
Education
Healthcare Services
Digital Marketing
Small Manufacturing
Import/Export
Relevant Teams
Legal
Compliance
Finance
Operations
Business Development
Risk Management
Corporate Secretarial
Strategy
Commercial
Relevant Roles
Business Owner
Managing Partner
Entrepreneur
Small Business Manager
Start-up Founder
Legal Counsel
Business Development Manager
Financial Controller
Operations Manager
Professional Service Provider
Company Secretary
Risk Manager
Partnership Manager
Compliance Officer
Find the exact document you need
Year End Review For New Employee
A Hong Kong-compliant year-end performance review template for new employees, incorporating performance evaluation and development planning elements.
Download
Owner Financing Auto Contract
A Hong Kong-compliant contract for seller-financed vehicle sales, combining sale and financing terms under Hong Kong law.
Download
Lease Vacate Notice
A formal notice document under Hong Kong law used by tenants to inform landlords of their intention to vacate a leased property.
Download
Basic Job Application Form
A Hong Kong-compliant job application form for collecting candidate information in accordance with local employment and privacy laws.
Download
Addendum To Tenancy Agreement
A Hong Kong law-governed document that modifies an existing tenancy agreement, allowing parties to formally update specific terms while maintaining the original agreement's structure.
Download
Commercial Receipt
A Hong Kong-compliant commercial receipt documenting business transactions, serving as legal proof of purchase and meeting local tax and commercial requirements.
Download
Tenancy Agreement (Insurance)
A Hong Kong-governed tenancy agreement specifying lease terms and mandatory insurance requirements between landlord and tenant.
Download
Standard Renovation Contract
A Hong Kong-compliant standard contract template for renovation works, outlining terms between property owners and contractors.
Download
Bill Pay
A Hong Kong law-governed agreement establishing terms and conditions for bill payment services between a service provider and its customers.
Download
Lease & License Agreement
A Hong Kong law-governed agreement establishing terms and conditions for property leasing and licensing, defining rights and obligations of landlords and tenants.
Download
Tenancy Agreement Breaking Lease
A Hong Kong law-governed agreement that formally documents the early termination of a lease between landlord and tenant, including settlement terms and mutual releases.
Download
House Rent Agreement Form
A Hong Kong-compliant legal agreement establishing terms and conditions for residential property rental between landlord and tenant.
Download
Informal Invoice
A simplified billing document compliant with Hong Kong regulations, used for straightforward commercial transactions and payment requests.
Download
Board Self Assessment
A Hong Kong-compliant framework for conducting comprehensive board self-assessments, aligned with local corporate governance requirements and best practices.
Download
Lease Withdrawal Letter
A formal notice under Hong Kong law for terminating a lease agreement, detailing withdrawal terms and handover arrangements.
Download
Parking License Agreement
Hong Kong-governed agreement establishing terms and conditions for parking space licensing between facility operators and parkers.
Download
Pest Risk Assessment
A technical assessment document analyzing pest-related risks and control measures for properties in Hong Kong, compliant with local health and safety regulations.
Download
Tenancy Agreement With Guarantor
A Hong Kong law-governed tenancy agreement that includes guarantor provisions to provide additional security for the landlord's interests.
Download
Tenancy Agreement Contract
A Hong Kong law-governed agreement between landlord and tenant establishing terms for property rental, including rights, obligations, and conditions of tenancy.
Download
Residential Tenancy Agreement Notice To Vacate
A formal notice document under Hong Kong law used by tenants to officially communicate their intention to terminate a residential lease and vacate the property.
Download
Studentship Agreement
A Hong Kong law-governed agreement establishing terms for research studentship between an educational institution and student.
Download
Standard Building Contract
A Hong Kong law-governed building contract establishing terms between employer and contractor for construction projects.
Download
Simple Operating Agreement
A Hong Kong-governed agreement that establishes the operational framework and governance structure for a business entity, defining member rights and responsibilities.
Download
Rolling Contract Employment
A Hong Kong law-governed rolling employment contract establishing an ongoing employment relationship with statutory protections and benefits.
Download
Lease Break Letter
A formal notice document used in Hong Kong to terminate a lease agreement prior to its natural expiration date, complying with local property law requirements.
Download
Informal Partnership Agreement
A Hong Kong-governed agreement establishing basic terms and conditions for an informal business partnership, compliant with local partnership laws.
Download
Boilerplate Confidentiality Agreement
Hong Kong law-governed confidentiality agreement template for protecting sensitive business information and personal data in commercial relationships.
Download
5 Year Commercial Lease Agreement
A Hong Kong law-governed commercial lease agreement establishing a five-year tenancy relationship with comprehensive terms and conditions for commercial premises.
Download
Room For Rent Lease Agreement
A Hong Kong law-governed agreement for renting a single room within a property, establishing rights and obligations between landlord and tenant.
Download
Joint IP Agreement
A Hong Kong law-governed agreement establishing terms for joint intellectual property ownership, usage, and development between multiple parties.
Download
Commercial Standby Letter Of Credit
A Hong Kong law-governed bank guarantee instrument that provides payment security to beneficiaries in commercial transactions upon specified conditions being met.
Download
Spa Consent Form
A Hong Kong-compliant legal document obtaining client consent and medical history for spa treatments while protecting both service provider and client interests.
Download
Condo Deed
A Hong Kong legal document that establishes condominium ownership rights and management obligations under Hong Kong property law.
Download
Lease Confirmation Letter
A formal document under Hong Kong law that confirms and summarizes the key terms of a property lease agreement between parties.
Download
Storage Contract
A Hong Kong law-governed agreement establishing terms and conditions for storage services between a facility provider and customer.
Download
Formal Employment Contract
A Hong Kong law-compliant employment contract establishing terms and conditions of employment between employer and employee.
Download
New Shareholder Agreement
A Hong Kong law-governed agreement establishing rights, obligations and relationships between company shareholders.
Download
Residential Land Lease Agreement
A Hong Kong law-governed agreement establishing terms and conditions for residential land leasing, incorporating local property ordinances and government lease requirements.
Download
Lifetime Employment Contract
A Hong Kong law-governed contract establishing permanent employment terms with comprehensive protection and development provisions for both employer and employee.
Download
Weekly Meeting Minutes
A Hong Kong-compliant document recording proceedings, decisions, and action items from weekly organizational meetings.
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)