The Agreement For Partnership Deed is an essential legal instrument used in Malaysia when two or more parties wish to formalize their business relationship as partners. This document is crucial for businesses operating under the Partnership Act 1961 and must comply with Malaysian contract law principles. It is typically used when establishing new partnerships, restructuring existing ones, or documenting the terms of collaboration between business partners. The deed comprehensively covers aspects such as capital investments, profit-sharing ratios, management structure, partner responsibilities, and exit procedures. It serves as both a regulatory compliance document and a roadmap for the partnership's operation, helping prevent future disputes by clearly defining all aspects of the business relationship. The document's importance is heightened in the Malaysian context where partnerships are a popular business structure for professional services and small to medium enterprises.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of all partners entering into the partnership 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 Name and Business: Official name of the partnership and nature of business to be conducted
5. Commencement and Term: Start date of the partnership and duration (if fixed-term)
6. Capital Contributions: Details of initial and any agreed future capital contributions by each partner
7. Profit and Loss Sharing: Ratio and method of distributing profits and losses among partners
8. Management and Decision Making: Partnership management structure and decision-making processes
9. Partners' Duties and Obligations: Rights, responsibilities, and obligations of all partners
10. Banking and Financial Matters: Banking arrangements, accounting procedures, and financial management
11. Admission of New Partners: Process and conditions for admitting new partners to the partnership
12. Retirement and Resignation: Procedures for partner retirement or voluntary exit from the partnership
13. Death or Incapacity: Procedures to follow in case of death or incapacity of a partner
14. Dissolution: Circumstances and procedures for partnership dissolution
15. Governing Law: Specification of Malaysian law as governing law and jurisdiction
1. Non-Competition: Restrictions on partners engaging in competing businesses - include when partners agree to such restrictions
2. Intellectual Property Rights: Ownership and use of IP - include when the partnership involves significant IP assets
3. Good Will: Treatment of partnership goodwill - include when the business has significant goodwill value
4. Insurance: Partnership insurance requirements - include when specific insurance coverage is agreed
5. Dispute Resolution: Alternative dispute resolution procedures - include when partners want specific dispute resolution mechanisms
6. Partnership Property: Specific provisions for partnership property - include when the partnership owns significant assets
7. Foreign Investment: Provisions related to foreign ownership - include when foreign partners are involved
1. Schedule 1 - Capital Contributions: Detailed breakdown of each partner's initial and agreed future capital contributions
2. Schedule 2 - Profit Sharing Ratios: Detailed profit and loss sharing arrangements including any special allocations
3. Schedule 3 - Business Plan: Initial business plan and strategic objectives of the partnership
4. Schedule 4 - Partner Details: Complete partner information including contact details and designated representatives
5. Schedule 5 - Partnership Assets: List and valuation of assets contributed to or owned by the partnership
6. Appendix A - Operating Procedures: Detailed operational procedures and management protocols
7. Appendix B - Signing Authorities: Details of partner signing authorities and financial limits
Authors
Relevant legal definitions
Clauses
Relevant Industries
Professional Services
Retail
Manufacturing
Technology
Construction
Healthcare
Food and Beverage
Real Estate
Consulting
Agriculture
Education
Trading
Logistics
Creative Industries
Relevant Teams
Legal
Corporate Affairs
Finance
Compliance
Risk Management
Business Development
Operations
Administrative
Strategy
Investment
Relevant Roles
Managing Partner
Business Owner
Company Director
Chief Executive Officer
Legal Counsel
Business Development Manager
Finance Director
Operations Manager
Corporate Secretary
Risk Manager
Compliance Officer
Partnership Administrator
Business Consultant
Investment Manager
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
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s 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)