Ƶ

50 50 Partnership Agreement for Belgium

50 50 Partnership Agreement Template for Belgium

A 50-50 Partnership Agreement under Belgian law is a comprehensive legal document that establishes an equal partnership between two parties, governed by the Belgian Company Code and Associations Code. This agreement details the equal rights, responsibilities, and obligations of both partners, including capital contributions, profit sharing, management rights, and decision-making processes. The document incorporates specific Belgian legal requirements while providing a framework for business operations, dispute resolution, and partnership evolution, ensuring compliance with Belgian corporate, tax, and commercial regulations.

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.

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

What is a 50 50 Partnership Agreement?

The 50-50 Partnership Agreement is designed for use when two parties wish to establish an equal business partnership under Belgian law. This document is essential when partners want to formalize their business relationship with equal ownership, management rights, and profit sharing. It's particularly relevant for new business ventures, professional practices, or when restructuring existing businesses into equal partnerships. The agreement includes comprehensive provisions covering capital contributions, management structure, profit distribution, and exit strategies, all aligned with Belgian legal requirements. This document type is crucial for protecting both partners' interests while ensuring compliance with Belgian corporate law and tax regulations. The agreement should be customized based on the specific business sector and partnership objectives while maintaining the core principle of equal partnership rights and obligations.

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

1. Parties: Identification and details of both 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 Structure: Confirmation of 50-50 ownership structure and legal form of partnership under Belgian law

5. Capital Contributions: Details of initial and any agreed future capital contributions from each partner

6. Profit and Loss Sharing: Equal distribution mechanism for profits and losses

7. Management and Decision Making: Process for day-to-day management and major decisions, including voting rights and deadlock resolution

8. Partners' Duties and Obligations: Core responsibilities and commitments of each partner

9. Banking and Financial Matters: Management of partnership finances, bank accounts, and accounting procedures

10. Partnership Property: Treatment of partnership assets and intellectual property

11. Term and Termination: Duration of partnership and circumstances for termination

12. Death or Incapacity: Procedures in case of death or incapacity of either partner

13. Dispute Resolution: Process for resolving disagreements between partners

14. Governing Law: Confirmation of Belgian law application 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: Detailed IP provisions, essential when the partnership involves significant IP assets

3. Employment of Partners: Terms for partners' employment in the business, used when partners will be actively working in the business

4. Insurance: Required insurance coverage, important for high-risk businesses

5. External Investment: Provisions for accepting future investment, relevant for growth-oriented partnerships

6. International Operations: Provisions for international business activities, needed if operating across borders

7. Digital Assets and Online Presence: Management of digital assets and online accounts, important for digital businesses

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

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

2. Schedule 2 - Business Plan: Initial business plan and strategic objectives

3. Schedule 3 - Partnership Assets: Comprehensive list of partnership assets at formation

4. Schedule 4 - Intellectual Property: Details of any IP rights brought into or developed by the partnership

5. Schedule 5 - Bank Account Details: Partnership bank account information and signing authorities

6. Schedule 6 - Accounting Policies: Agreed accounting principles and procedures

7. Appendix A - Partner Contact Details: Full contact information for both partners and key notices addresses

8. Appendix B - Decision Making Matrix: Detailed breakdown of decision-making authorities and processes

Authors

Alex Denne

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

Jurisdiction

Belgium

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions


















































Clauses








































Relevant Industries

Professional Services

Retail

Technology

Manufacturing

Consulting

Real Estate

Healthcare

Hospitality

Construction

E-commerce

Creative Industries

Financial Services

Agriculture

Education and Training

Relevant Teams

Legal

Finance

Corporate Governance

Tax

Compliance

Risk Management

Business Development

Operations

Administration

Strategy

Relevant Roles

Business Owner

Entrepreneur

Managing Partner

Chief Executive Officer

Business Development Director

Corporate Lawyer

Legal Counsel

Financial Director

Tax Advisor

Business Consultant

Partnership Manager

Operations Director

Company Secretary

Risk Manager

Compliance Officer

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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Internal Partnership Agreement

A Belgian law-governed agreement establishing the terms and structure of a business partnership between multiple partners.

Download

Alliance Agreement

A Belgian law-governed agreement establishing a strategic partnership between organizations, defining collaboration terms and governance structure while ensuring compliance with Belgian and EU regulations.

Download

Term Sheet Partnership Agreement

A preliminary agreement outlining key partnership terms and conditions under Belgian law, serving as the basis for a full partnership agreement.

Download

Budget Partnership Agreement

A Belgian law-governed agreement establishing terms for financial collaboration and joint budget management between partners.

Download

Non Binding Partnership Agreement

A Belgian law non-binding agreement outlining intended partnership terms and collaboration framework without creating legal obligations.

Download

Brand Partnership Contract

A Belgian law-governed agreement establishing terms and conditions for brand collaboration between two or more parties.

Download

Limited Liability Partnership Contract

Belgian law-governed agreement establishing a Limited Liability Partnership, defining partner relationships, management, and operational procedures.

Download

Simple General Partnership Agreement

Belgian general partnership agreement establishing terms and conditions for business operation under Belgian law, including partner obligations and management structure.

Download

Partnership Agreement For Restaurant Business

Belgian law-governed agreement establishing a partnership structure for restaurant business operations, including management and regulatory compliance requirements.

Download

Online Business Partnership Agreement

Belgian law-governed agreement establishing terms and conditions for online business partnerships, ensuring compliance with local and EU digital commerce regulations.

Download

Memorandum Of Understanding For Business Partnership

A preliminary framework agreement under Belgian law outlining the intended terms and principles of a business partnership between two or more parties.

Download

Formal Partnership Agreement

A Belgian law-governed agreement establishing a formal partnership between parties, defining their rights, obligations, and business relationship structure.

Download

Domestic Partnership Declaration

Belgian legal cohabitation declaration establishing civil union rights and obligations under Belgian law.

Download

Technology Partnership Agreement

A Belgian law-governed agreement establishing terms and conditions for technological collaboration between partners, including IP rights, operational framework, and regulatory compliance.

Download

Startup Partnership Agreement

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

Download

Software Partnership Agreement

Belgian law-governed agreement establishing terms and conditions for software partnership collaboration, aligned with EU regulations and local legal requirements.

Download

Software Partner Agreement

A Belgian law-governed agreement establishing terms for software partnership, distribution, and implementation rights between a software provider and business partner.

Download

Shareholders Agreement Joint Venture

Belgian law-governed shareholders agreement establishing and regulating a joint venture company's ownership, governance, and operational framework.

Download

Service Partner Agreement

Belgian law-governed agreement establishing terms and conditions between a principal company and service partner for professional service provision.

Download

Salaried Partner Agreement

Belgian law-governed agreement establishing the hybrid employment-partnership relationship between a firm and a salaried partner, defining rights, obligations, and benefits.

Download

Preliminary Partnership Agreement

A Belgian law-governed agreement establishing preliminary terms and conditions for exploring a potential business partnership while protecting parties' interests during negotiations.

Download

Preferred Partnership Agreement

A Belgian law-governed agreement establishing a preferential business partnership with favorable terms and conditions for the preferred partner.

Download

Preferred Partner Agreement

Belgian law-governed agreement establishing preferential business partnership terms and conditions between commercial entities.

Download

Pre Partnership Agreement

A Belgian law-governed preliminary agreement setting out terms for exploring and negotiating a potential business partnership.

Download

Partnership Service Agreement

A Belgian law-governed agreement establishing terms and conditions for service-based partnerships between organizations.

Download

Partnership Contract Agreement

A Belgian law-governed agreement establishing a formal partnership between two or more parties, defining their rights, obligations, and business relationship.

Download

New Partnership Agreement

A Belgian law-governed agreement establishing a new partnership between parties, defining their rights, obligations, and operational framework.

Download

Media Partner Agreement

Belgian-law agreement establishing terms and conditions for media partnerships, including content rights, licensing, and operational responsibilities.

Download

Managing Partner Agreement

Belgian law agreement establishing the terms and conditions for a managing partner's appointment, duties, and rights within a company.

Download

Limited Partnership Agreement

A Belgian law-governed agreement establishing a limited partnership structure between managing partners with unlimited liability and passive investors with limited liability.

Download

Lifetime Partnership Agreement

A Belgian law-governed agreement establishing a legal lifetime partnership between two individuals, covering shared life arrangements and mutual rights.

Download

Letter Of Intent Joint Venture

A preliminary non-binding agreement under Belgian law outlining the proposed terms for establishing a joint venture between parties.

Download

Influencer Partnership Agreement

Belgian law-governed agreement establishing terms between brands and social media influencers, covering content creation, compensation, and compliance requirements.

Download

General Cooperation Agreement

A Belgian law-governed agreement establishing a formal framework for business collaboration, defining mutual obligations and cooperation terms between parties.

Download

Fundraising Partnership Agreement

Belgian-law agreement establishing terms and conditions for fundraising partnerships between organizations, including operational and compliance requirements.

Download

Event Partnership Agreement

Belgian-law governed agreement establishing partnership terms between parties for event organization, including rights, responsibilities, and regulatory compliance.

Download

Equity Partnership Agreement

A Belgian law-governed agreement establishing the terms and conditions of an equity partnership, including ownership, management rights, and partner obligations.

Download

Delivery Partner Agreement

Belgian-law governed agreement establishing terms between delivery service companies and their delivery partners, including operational, financial, and compliance requirements.

Download

Commission Partnership Agreement

Belgian law agreement establishing commission-based partnership terms between a principal and partner, including compensation structure and performance requirements.

Download

Collaboration Agreement Letter

A Belgian law-governed letter agreement establishing terms and framework for business collaboration between parties, combining letter format accessibility with legal enforceability.

Download
See more related templates

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