General Partnership Agreement
  • General Information about Partnership
    • Partners Details
    • Partnership Details
  • Management of Partnership
    • Financial Contributions
    • Profits and Losses
    • Daily Management
  • Complete the Document
    • Format & Signatures

Partners Details

  • How many partners set up this General Partnership?

  • Indicate full name of the Partner 1:

  • Indicate full residential or business address of Partner 1:

  • Indicate the full name of the Partner 2:

  • Indicate full residential or business address of Partner 2:

  • Indicate full name of the Partner 3:

  • Indicate full residential or business address of Partner 3:

  • Indicate full name of the Partner 4:

  • Indicate full residential or business address of Partner 4:

  • Provide full name and residential/business address of all Partners who enter this Agreement:

Partnership Details

  • Indicate full name of the Partnership:

    !

    A general partnership name must be distinguishable and avoid misrepresentation.

    While many partnerships operate under their partners’ surnames, a unique name is also acceptable. The chosen name cannot be similar to existing registered names or misleadingly suggest government affiliation.

  • Describe in details for which purpose/type of business the Partnership is created:

  • Indicate full business address of the General Partnership:

  • Indicate the date when this Partnership should start:

    !

    This is the date when a General Partnership should start operating and doing business.

  • Select the state, where a General Partnership is being created:

    !

    The laws of a state selected as an answer to this question will apply towards this Agreement.

Financial Contributions

  • Select the form in which Partner 1 makes their contribution to the Partnership:

  • Describe the list of all services the Partner 1 shall contribute:

  • Indicate the Partner's 1 cash contribution in USD:

  • Describe in detail the list of all goods Partner 1 shall contribute:

  • Select the form in which Partner 2 makes their contribution to the Partnership:

  • Describe the list of all services the Partner 2 shall contribute:

  • Indicate the Partner's 2 cash contribution in USD:

  • Describe in detail the list of all goods Partner 2 shall contribute:

  • Select the form in which Partner 3 makes their contribution to the Partnership:

  • Describe the list of all services the Partner 3 shall contribute:

  • Indicate the Partner's 3 cash contribution in USD:

  • Describe in detail the list of all goods Partner 3 shall contribute:

  • Select the form in which Partner 4 makes their contribution to the Partnership:

  • Describe the list of all services the Partner 4 shall contribute:

  • Indicate the Partner's 4 cash contribution in USD:

  • Describe in detail the list of all goods Partner 4 shall contribute:

  • Describe in detail type and value of contributions made by each Partner:

  • By which date all contributions should be made in full by Partners?

    !

    This is the latest date by which each Partner should make a full capital contribution.

  • Indicate which exact percentage from all the Partnership's assets, liabilities and profits should belong to each of Partners:

Profits and Losses

  • How frequently the Partnership's profits and losses should be distributed amongst the Partnership?

  • Describe in detail with which frequency the Partnership's profits and losses should be distributed amongst partners:

  • Indicate the percentage (%) from all assets, liabilities and losses of the Partnership that should belong to the Partner 1:

  • Indicate the percentage (%) from all assets, liabilities and losses of the Partnership that should belong to the Partner 2:

  • Indicate the percentage (%) from all assets, liabilities and losses of the Partnership that should belong to the Partner 3:

  • Indicate the percentage (%) from all assets, liabilities and losses of the Partnership that should belong to the Partner 4:

  • Indicate the date and month, on which the Partnership's fiscal year should end:

  • Indicate the full name of a Partner, who is appointed to deal with all tax matters regarding the Partnership:

Daily Management

  • Should the Partnership be able to join new Partners?

  • The Partnership may be dissolved only with:

  • How frequently regular meetings of all Partners should take place?

  • Describe in detail how frequently all Partners should meet together to discuss Partnership's business:

  • Who should manage the daily operations of the Partnership?

  • Indicate the full name of a Managing Partner. This is a partner who will manage and control of the day-to-day business of the Partnership.

  • Do you want to add a signature?

  • Partner's signature:

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