Document background
The Partnership Contract is essential for businesses establishing a partnership structure in Singapore. It serves as the foundational document defining the relationship between partners, their rights, obligations, and responsibilities. Compliant with Singapore's Partnership Act 1890 and related legislation, this contract typically includes provisions for capital contributions, profit sharing, management rights, and dispute resolution. It's particularly crucial for protecting partners' interests and establishing clear operational guidelines, making it a vital document for any business partnership in Singapore.
