tiktok成人版

50 50 Partnership Agreement for Malaysia

50 50 Partnership Agreement Template for Malaysia

A comprehensive legal agreement governed by Malaysian law that establishes and regulates a partnership where two parties agree to share ownership, management responsibilities, profits, and losses equally (50-50). This agreement complies with the Malaysian Partnership Act 1961 and sets forth detailed provisions for partnership formation, capital contributions, management rights, profit sharing, dispute resolution, and dissolution procedures. It creates a binding framework for both partners while ensuring equal rights and responsibilities in the business venture.

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.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
50 50 Partnership Agreement

Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a 50 50 Partnership Agreement?

This document serves as the primary legal instrument for establishing and governing a 50-50 Partnership Agreement in Malaysia, structured in accordance with the Partnership Act 1961 and related Malaysian business laws. It is specifically designed for situations where two parties wish to enter into an equal business partnership with identical rights, responsibilities, and financial interests. The agreement comprehensively covers all aspects of the partnership, including capital contributions, profit sharing, management rights, decision-making processes, and dissolution procedures. It's particularly crucial for new business ventures, professional practices, or existing businesses transitioning to a partnership model. The document provides essential protections for both partners while ensuring compliance with Malaysian regulatory requirements and establishing clear operational guidelines for the business.

What sections should be included in a 50 50 Partnership Agreement?

1. Parties: Identification and details of the two partners entering into the 50-50 partnership

2. Background: Context of the partnership formation and partners' intention to establish an equal partnership

3. Definitions: Key terms used throughout the agreement

4. Partnership Formation: Establishment of partnership, business nature, and commencement date

5. Capital Contributions: Equal capital contributions from each partner and terms of additional contributions

6. Profit and Loss Sharing: 50-50 split of profits and losses between partners

7. Management and Decision Making: Equal management rights and voting procedures for business decisions

8. Partners' Duties and Obligations: Responsibilities, commitments, and expectations of each partner

9. Banking and Financial Matters: Banking arrangements, accounting procedures, and financial management

10. Transfer of Partnership Interest: Restrictions and procedures for transferring partnership interests

11. Termination and Dissolution: Circumstances and procedures for ending the partnership

12. Dispute Resolution: Process for resolving disagreements between partners

13. Governing Law: Application of Malaysian law and jurisdiction

What sections are optional to include in a 50 50 Partnership Agreement?

1. Non-Competition: Restrictions on partners engaging in competing businesses, used when partners have other business interests

2. Intellectual Property Rights: Ownership and use of IP, needed when the partnership involves creation or use of intellectual property

3. Insurance: Requirements for business insurance coverage, important for high-risk businesses

4. Death or Incapacity: Procedures in case of partner's death or incapacity, important for long-term partnerships

5. Good Faith and Fair Dealing: Additional provisions on partner conduct, useful in complex business relationships

6. Force Majeure: Provisions for unforeseen circumstances, important in certain business sectors

What schedules should be included in a 50 50 Partnership Agreement?

1. Schedule 1: Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions, including valuations of non-cash assets

2. Schedule 2: Business Plan: Initial business plan and strategic objectives of the partnership

3. Schedule 3: Partnership Assets: List and description of all partnership assets at formation

4. Schedule 4: Banking Arrangements: Details of partnership bank accounts and authorized signatories

5. Schedule 5: Accounting Policies: Specific accounting procedures and policies to be followed

6. Appendix A: Partner Contact Information: Detailed contact information and addresses for official notices

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Cost

Free to use
Relevant legal definitions



































Clauses



































Relevant Industries

Professional Services

Retail and Commerce

Food and Beverage

Technology and Software

Construction

Manufacturing

Consulting Services

Real Estate

Healthcare Services

Education and Training

Agriculture

Creative Industries

Relevant Teams

Legal

Finance

Operations

Business Development

Corporate Secretarial

Risk Management

Compliance

Executive Leadership

Relevant Roles

Business Owner

Entrepreneur

Managing Partner

Chief Executive Officer

Business Development Manager

Legal Counsel

Company Secretary

Chief Financial Officer

Operations Manager

Professional Practitioner

General Manager

Finance Director

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Financial Partnership Agreement

A Malaysian law-governed agreement establishing a financial partnership, outlining capital contributions, profit-sharing, and regulatory compliance requirements.

find out more

Business Partnership Deed

A Malaysian law-governed deed establishing a business partnership, defining partners' rights, obligations, and operational framework.

find out more

Memorandum Of Understanding Between Partners

A Malaysian-law governed MOU establishing framework terms for partnership collaboration, serving as a preliminary step before formal agreements.

find out more

Simple Business Partnership Agreement

A Malaysian law-governed agreement establishing a business partnership, defining partners' rights, responsibilities, and operational framework.

find out more

Agreement For Partnership Deed

A legally binding agreement under Malaysian law that establishes and regulates a business partnership, outlining partners' rights, responsibilities, and operational framework.

find out more

Software Implementation Partner Agreement

A Malaysian law-governed agreement defining the relationship between a software provider and implementation partner for software deployment and customization services.

find out more

Private Limited Company Partnership Agreement

A Malaysian law-governed agreement establishing shareholder relationships and governance structure in a private limited company (Sdn Bhd).

find out more

Partnership Agreement For Hotel Business

A Malaysian law-governed agreement establishing partnership terms and operational framework for hotel business ventures, compliant with local hospitality regulations.

find out more

Limited Partnership Subscription Agreement

A Malaysian law-governed agreement for subscribing to a limited partnership interest, detailing investment terms and partner obligations.

find out more

Reseller Partnership Agreement

A Malaysian law-governed agreement establishing terms for product resale and distribution between supplier and reseller, defining commercial relationship and operational parameters.

find out more

Non Binding Partnership Agreement

A non-binding partnership framework agreement under Malaysian law, designed to outline preliminary terms for business collaborations while maintaining flexibility.

find out more

Letter For Partnership Agreement

A formal letter establishing partnership terms between two or more parties under Malaysian law, outlining key business arrangements and responsibilities.

find out more

Equity Partner Agreement

A Malaysian law-governed agreement establishing terms for admitting a new equity partner, including capital contribution, profit-sharing, and partnership rights.

find out more

Short Term Partnership Agreement

A Malaysian law-governed agreement establishing a temporary business partnership, defining key terms and conditions for short-term collaboration between parties.

find out more

Original Partnership Deed

A legally binding agreement establishing a business partnership under Malaysian law, defining partners' rights, responsibilities, and business operations.

find out more

Letter Of Intent Business Collaboration

A preliminary document under Malaysian law outlining proposed terms for business collaboration between parties, serving as a framework for future formal agreements.

find out more

Business Alliance Agreement

A Malaysian law-governed agreement establishing terms and conditions for strategic business partnerships between two or more entities.

find out more

Distributorship Contract

A Malaysian law-governed agreement establishing the terms and conditions for product distribution between a principal and distributor.

find out more

Limited Liability Partnership Contract

A Malaysian Limited Liability Partnership Contract establishing an LLP under Malaysian law, defining partner relationships and business operations.

find out more

Authorized Reseller Agreement

A Malaysian law-governed agreement establishing terms and conditions for authorized product resale between a principal and reseller.

find out more

Software Distributor Agreement

A Malaysian law-governed agreement establishing terms for software distribution rights, including licensing, territorial rights, and revenue sharing arrangements.

find out more

Social Media Partnership Agreement

Malaysian-law governed agreement establishing terms and conditions for social media partnerships, content creation, and digital promotion activities.

find out more

Partnership Deed

A legally binding agreement under Malaysian law that establishes and governs a business partnership, defining partners' rights, responsibilities, and business operations.

find out more

Domestic Partnership Declaration

A private contractual agreement under Malaysian law establishing terms and conditions of a domestic partnership between two individuals.

find out more

Venture Partner Agreement

A Malaysian law-governed agreement establishing the relationship between a venture capital firm and venture partner, including key terms of engagement and compensation structure.

find out more

Temporary Partnership Agreement

A Malaysian law-governed agreement establishing a temporary partnership arrangement with defined duration, responsibilities, and dissolution terms.

find out more

Technical Partnership Agreement

A Malaysian law-governed agreement establishing technical collaboration between parties, defining terms for sharing expertise, resources, and intellectual property.

find out more

Startup Partnership Agreement

A Malaysian law-governed agreement establishing partnership terms and governance structure for startup ventures.

find out more

Software Partnership Agreement

A Malaysian law-governed agreement establishing partnership terms for software development and technology collaboration.

find out more

Software Partner Agreement

A Malaysian law-governed agreement establishing partnership terms for software development, distribution, or integration services between technology companies.

find out more

Shareholders Agreement Joint Venture

Malaysian-law governed agreement establishing terms between joint venture shareholders, defining rights, obligations, and governance structure.

find out more

Service Partner Agreement

A Malaysian law-governed agreement establishing terms and conditions between a company and its service partner for the provision of specified services.

find out more

Simple Partnership Dissolution Agreement

A Malaysian law-governed agreement for formally dissolving a partnership and establishing terms for winding up its affairs.

find out more

Simple Limited Partnership Agreement

A Malaysian law-governed agreement establishing a limited partnership structure, defining partner relationships, rights, and obligations under the Limited Partnerships Act 2012.

find out more

Revenue Share Partnership Agreement

A Malaysian law-governed agreement establishing terms for revenue sharing partnerships, including calculation methods and partner obligations.

find out more

Restaurant Profit Sharing Agreement

A Malaysian law-governed agreement establishing profit sharing arrangements and operational terms between parties in a restaurant business.

find out more

Salaried Partner Agreement

A Malaysian law-governed agreement establishing the terms and conditions for a salaried partner's appointment in a professional services firm, including rights, obligations, and remuneration arrangements.

find out more

Real Estate Joint Venture Agreement

A Malaysian law-governed agreement establishing a joint venture structure for real estate development or investment between multiple parties.

find out more

Real Estate Channel Partner Agreement

A Malaysian law-governed agreement establishing terms between a real estate company and its channel partner for property marketing and sales services.

find out more

Profit Sharing Ratio Partnership Agreement

A Malaysian law-governed agreement establishing profit-sharing arrangements and operational terms between business partners.

find out more
See more related templates

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