[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-281852-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-281852-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","partnership-agreement-template-281852","Partnership Agreement - Template","","Partnership Agreement template for recording and governing the relationship between partners in a partnership. Includes provisions covering the parties, formation of the practice, commencement and duration, partner contributions and agreed value/percentage interests, sharing of profits and losses, capital and current accounts, financial records and annual financial statements, banking and income/expense handling, profit drawings, and management obligations including joint decision-making and partner duties.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/forms/","Forms",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/partnership-agreement-template-281852/281852/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/partnership-agreement-template-281852/281852.png","ImageObject",442,249,{"name":42,"@type":43},"Đào","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-30","2026-09-16",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",17,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What sections are included in the partnership agreement template?","Question",{"text":63,"@type":64},"It covers parties, practice details, commencement and duration, contributions, profit and loss sharing, capital and current accounts, financial records and statements, banking and income/expenses, profit drawings, and management obligations.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How are profits and losses allocated among partners?",{"text":68,"@type":64},"Profits and losses are shared in accordance with each partner’s interests as stated in the agreed contribution and percentage interest schedule.",{"name":70,"@type":61,"acceptedAnswer":71},"What financial documents must be prepared each financial year?",{"text":72,"@type":64},"A profit and loss account and a balance sheet must be prepared at the end of each financial year, and they are prepared by independent auditors after which they become final and binding once signed.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},281852,1791225002,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,112,117,122],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":55,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":110,"slug":111},40,"forms",{"id":113,"doc_module":22,"doc_module_name":25,"category_name":114,"show_sort_weight":115,"slug":116},18,"Letters",30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":82,"data":127},{"doc_id":79,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":55,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":85,"language":135,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":12,"update_tm":139,"read_time":33,"preview_page_count":4},1374402968488,"https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0","PARTNERSHIP AGREEMENT  \nThe following agreement is intended to record and govern the relationship of the parties ina partnership.  \n1. Parties  \nThe Parties to this agreement are:  \n1.1 Name:   ID number:    \n1.2 Name:   ID number:    \n1.3 Name:   ID number:    \n1.4 Name:   ID number:    \n2. Practice  \n2.1 The above parties have been constituted as a partnership and will carry on a   (hereinafter “the practice”) at  \n__________________________________________________________________  \n__________________________________________________________________  \n2.2 The name of the practice will be    \n3. Commencement and duration  \nThe partnership will commence on the   day of   20  (hereinafter “the commencement date”) and continue for an indefinite period until terminated as provided for in this agreement.  \n4. Contributions  \n4.1 Each of the partners to this agreement, must contribute to the partnership:  \n4.1.1 the sum of  \n__________________________________________________________________  \n__________________________________________________________________  \n4.1.2 instruments, equipment, programs and text books which were his or her private property prior to the commencement date of this agreement.  \n4.2 The agreed values of the parties’ respective contributions and interests in the partnership are as follows:  \nPartners: Contribution: Percentage Interest  \nPartner 1.1  \nPartner 1.2  \nPartner 1.3  \nPartner 1.4  \n5. Sharing of Profits and Losses  \nThe partners must share all the profits of the partnership, and bear all its losses in accordance with their interests as per par 4.2.  \n6. Capital Account  \n6.1 Each partner must have a capital account in the books of the partnership which must record the value of all his/her contributions to and withdrawals made from the capital of the partnership.  \n6.2 The amount of standing to the credit of a partner’s capital account from time to time must not bear interest unless otherwise agreed to by the partners.  \n6.3 A partner will not be entitled to withdraw any amount against his capital account without the prior written consent of all the partners.  \n7. Current Account  \nEach partner must have a current account in the books of the partnership to which the following must be credited or debited, as the case may be:  \n7.1 the partner’s share in the profits or losses of the partnership;  \n7.2 any amounts the partner has disbursed personally on behalf of the partnership in the course of the business of the partnership; and  \n7.3 the partner’s drawings against the profits of the partnership.  \n8. Financial Records  \n8.1 The partners must keep proper books of account and records of the transactions of the partnership. A partner may inspect the books and records at anytime.  \n8.2 At the end of each financial year, the following financial statements must be prepared:  \n8.2.1 a profit and loss account, reflecting the net profit or loss of the partnership at the end of the financial year; and  \n8.2.2 a balance sheet fairly reflecting the affairs of the partnership as at the end of the financial year.  \n8.3 The financial statements referred to in par 8.2 must be prepared by independent auditors (hereinafter “the auditors”) in accordance with accounting practices generally accepted at the time, and will be final and binding on the parties once signed.  \n8.4 The financial year of the partnership will coincide with its tax year.  \n9. Bank Account and Income/Expenses  \n9.1 The partners agree to open a current account in the name of the partnership at  \n9.2 All monies received by the partnership must immediately be paid into the bank account.  \n9.3 All fees paid, and presents given to a partner for professional services rendered, will constitute income of the partnership (fees and presents other than for professional services are excluded from partnership income) .  \n9.4 All expenses, debts and losses of any nature incurred in the conduct of business of the partnership, must be paid out of the funds of the ","cbCaierRJ2oUPiJ0","https://ap.wps.com/l/cbCaierRJ2oUPiJ0","pdf",258156,"English","# Partnership Agreement\n## Parties\n## Practice\n## Commencement and duration\n## Contributions\n## Sharing of Profits and Losses\n## Capital Account\n## Current Account\n## Financial Records\n## Bank Account and Income/Expenses\n## Drawing of Profits\n## Management and Obligations","[{\"question\":\"What sections are included in the partnership agreement template?\",\"answer\":\"It covers parties, practice details, commencement and duration, contributions, profit and loss sharing, capital and current accounts, financial records and statements, banking and income/expenses, profit drawings, and management obligations.\"},{\"question\":\"How are profits and losses allocated among partners?\",\"answer\":\"Profits and losses are shared in accordance with each partner’s interests as stated in the agreed contribution and percentage interest schedule.\"},{\"question\":\"What financial documents must be prepared each financial year?\",\"answer\":\"A profit and loss account and a balance sheet must be prepared at the end of each financial year, and they are prepared by independent auditors after which they become final and binding once signed.\"}]","Partnership Agreement - Template | PDF",1789568639]