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Partnership Deed Form
"I need a Partnership Deed Form for a new technology consulting firm in Qatar with three partners (two local and one international), starting operations in March 2025, with specific provisions for intellectual property rights and profit sharing based on capital contribution."
1. Parties: Details of all partners entering into the partnership, including full legal names, addresses, and nationality
2. Background: Context of the partnership formation and brief description of partners' intention to enter into business together
3. Definitions: Definitions of key terms used throughout the deed
4. Partnership Name and Business: Official name of the partnership and detailed description of its business activities
5. Term and Commencement: Duration of the partnership and its commencement date
6. Capital Contribution: Details of initial capital contributions from each partner and the total partnership capital
7. Profit and Loss Sharing: Ratio and method of distributing profits and losses among partners
8. Management and Decision Making: Management structure, voting rights, and decision-making processes
9. Banking and Finance: Banking arrangements and financial management procedures
10. Partner Duties and Obligations: Rights, responsibilities, and obligations of all partners
11. Meetings and Records: Procedures for partnership meetings and maintenance of records
12. Restrictions on Partners: Non-compete and other restrictive covenants
13. Dissolution and Termination: Circumstances and procedures for partnership dissolution
14. Governing Law and Jurisdiction: Confirmation of Qatar law governance and jurisdiction
1. Intellectual Property Rights: Required when the partnership involves creation or use of intellectual property
2. Foreign Investment Provisions: Needed when one or more partners are non-Qatari nationals
3. Shariah Compliance: Required when partners wish to explicitly ensure compliance with Islamic principles
4. Special Partner Rights: Used when certain partners have special rights or responsibilities
5. Succession Planning: Required when partners want to establish clear succession rules
6. Dispute Resolution: Optional detailed procedures for resolving internal disputes
7. Insurance: Required when specific insurance arrangements need to be documented
1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's capital contributions, including valuations of non-cash assets
2. Schedule 2: Profit Sharing Ratios: Detailed calculations and scenarios for profit and loss distribution
3. Schedule 3: Business Plan: Initial business plan and projections
4. Schedule 4: Property Details: Details of any property owned or leased by the partnership
5. Schedule 5: Partner Contact Information: Complete contact details and correspondence addresses of all partners
6. Appendix A: Partnership Procedures: Detailed operational procedures and policies
7. Appendix B: Required Licenses: Copies or details of all required business licenses and permits
8. Appendix C: Banking Mandates: Banking arrangements and authorized signatory details
Authors
Professional Services
Real Estate
Construction
Trading
Manufacturing
Hospitality
Technology
Healthcare
Education
Consulting
Retail
Import/Export
Financial Services
Energy
Transportation
Agriculture
Legal
Corporate Secretarial
Finance
Compliance
Risk Management
Operations
Business Development
Corporate Affairs
Strategy
Commercial
Chief Executive Officer
Managing Director
Business Owner
Legal Counsel
Corporate Lawyer
Company Secretary
Chief Financial Officer
Business Development Manager
Partner
Managing Partner
Compliance Officer
Risk Manager
Operations Director
Commercial Director
General Manager
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