The Joint Business Partnership Agreement is a crucial legal document used when two or more parties wish to establish a formal business partnership in the Philippines. It is essential for businesses operating under Philippine jurisdiction and must comply with the Civil Code of the Philippines, Corporation Code, and other relevant business regulations. This document is particularly important as it establishes the legal framework for the partnership, including capital contributions, profit-sharing arrangements, management structure, and partner responsibilities. It should be used when parties want to create a clear, legally-binding partnership structure that protects all partners' interests and provides a solid foundation for business operations. The agreement typically includes detailed provisions for dispute resolution, partnership dissolution, and various operational aspects, making it suitable for both new partnerships and the formalization of existing business relationships.
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 partners entering into the agreement
2. Background: Context of the partnership formation and brief description of the business purpose
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Formation: Declaration of partnership formation, business name, and commencement date
5. Business Purpose: Detailed description of the partnership's business activities and objectives
6. Capital Contributions: Details of initial and any agreed future capital contributions from each partner
7. Profit and Loss Sharing: Agreement on how profits and losses will be distributed among partners
8. Management and Control: Structure for decision-making and day-to-day management of the partnership
9. Rights and Obligations: Specific rights and duties of each partner
10. Banking and Financial Matters: Banking arrangements, financial management, and accounting procedures
11. Term and Termination: Duration of partnership and conditions for termination
12. Dispute Resolution: Procedures for resolving disagreements between partners
13. Governing Law: Specification of Philippine law as governing law and jurisdiction
14. General Provisions: Standard clauses including notices, amendments, and severability
1. Intellectual Property Rights: Required when the partnership involves creation or use of intellectual property
2. Non-Competition: Used when partners want to restrict competitive activities during and after the partnership
3. Confidentiality: Important when sensitive business information will be shared
4. Insurance: Required when specific insurance coverage needs to be maintained
5. Employment of Partners: Needed when partners will also be employees of the partnership
6. Foreign Investment Provisions: Required when any partner is a foreign entity or individual
7. Exit Strategy: Detailed procedures for partner withdrawal or buy-out scenarios
8. Force Majeure: Important when specific events beyond control should be addressed
1. Schedule A - Capital Contributions: Detailed breakdown of each partner's initial and committed capital contributions
2. Schedule B - Profit Sharing Ratios: Specific percentages and calculation methods for profit distribution
3. Schedule C - Business Plan: Detailed business plan and operational strategy
4. Schedule D - Partner Information: Detailed information about each partner including contact details and representatives
5. Schedule E - Assets Register: List of partnership assets and their agreed values
6. Appendix 1 - Management Procedures: Detailed procedures for partnership management and decision-making
7. Appendix 2 - Banking Arrangements: Details of bank accounts and authorized signatories
8. Appendix 3 - Accounting Policies: Agreed accounting principles and procedures
Find the exact document you need
Joint House Purchase Agreement
A Philippine law-governed agreement establishing terms for joint residential property purchase and ownership between multiple parties.
Download
Organization Partnership Agreement
A Philippine law-governed agreement establishing and regulating partnerships between organizations, defining terms of collaboration and mutual obligations.
Download
Land Ownership Agreement
A legally binding agreement under Philippine law that documents and executes the transfer of land ownership between parties.
Download
Tenancy In Common Contract
A legal agreement under Philippine law establishing shared property ownership rights and responsibilities between multiple owners as tenants in common.
Download
Ownership Contract
A legally binding contract for property ownership transfer under Philippine law, detailing terms, conditions, and obligations of all parties involved.
Download
Joint Home Ownership Agreement
A Philippine law-governed agreement establishing terms and conditions for joint ownership of real property, including rights, responsibilities, and management procedures.
Download
Software Ownership Agreement
A legal agreement under Philippine law that transfers complete ownership rights of software and related intellectual property from one party to another.
Download
Shared Ownership Contract
A Philippine law-compliant agreement establishing terms and conditions for shared property ownership between multiple parties.
Download
Shared Ownership Agreement
A Philippine law-governed agreement establishing rights and obligations between co-owners of a property, defining ownership shares, management responsibilities, and operational procedures.
Download
Partnership Contract Agreement
A legal agreement under Philippine law establishing a business partnership, defining partners' rights, responsibilities, and operational framework.
Download
Ownership Percentage Agreement
A Philippine law-governed agreement that establishes ownership percentages and rights among multiple business owners, ensuring compliance with local corporate regulations.
Download
Company Ownership Contract
A legally binding agreement under Philippine law that establishes or transfers company ownership rights, detailing share ownership terms and corporate governance provisions.
Download
Company Ownership Agreement
A Philippine law-governed agreement establishing corporate ownership structure, shareholder rights, and governance framework.
Download
Business Ownership Agreement
A Philippine law-governed agreement that establishes business ownership structure, rights, and responsibilities between owners while ensuring compliance with local regulations.
Download
Equal Ownership Contract
A Philippine law-governed contract establishing equal ownership rights and responsibilities between multiple parties, defining shared management and profit distribution arrangements.
Download
Startup Business Partnership Agreement
A comprehensive partnership agreement for startup businesses in the Philippines, establishing partner rights and obligations under Philippine law.
Download
Joint Business Partnership Agreement
A Philippine law-governed agreement establishing a business partnership, defining partner rights, responsibilities, and operational framework.
Download
Mutual Partnership Agreement
A Philippine law-governed agreement establishing a mutual partnership between parties, defining their rights, obligations, and operational framework.
Download
Intellectual Property Ownership Contract
A Philippine law-governed agreement for transferring intellectual property ownership rights, compliant with Republic Act No. 8293.
Download
Fractional Ownership Agreement
A Philippine law-governed agreement establishing shared ownership rights and responsibilities for high-value assets among multiple parties.
Download
Beneficial Owner Agreement
A Philippine law-governed agreement establishing the rights and obligations between legal and beneficial owners of assets or shares, ensuring regulatory compliance.
Download
Sales Partnership Agreement
A Philippine law-governed agreement establishing terms and conditions for sales partnerships, including commission structures and territorial rights.
Download
Property Sharing Agreement
A Philippine law-governed agreement establishing rights and obligations between property co-owners, defining ownership shares, usage rights, and management responsibilities.
Download
Partnership Investment Agreement
A Philippine law-governed agreement establishing terms for partnership investment, including capital contributions, profit-sharing, and management rights.
Download
Joint Purchase Agreement
A Philippine law-governed agreement enabling multiple parties to collectively purchase goods or services, defining terms for shared procurement activities.
Download
Ownership Interest Purchase Agreement
A Philippine law-governed agreement documenting the sale and purchase of ownership interests in a business entity, including all essential terms and conditions.
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)