Document background
The Partnership Percentage Agreement is essential when two or more parties wish to formalize their business relationship under Singapore law. This document is particularly crucial for establishing clear ownership structures and avoiding future disputes about profit distribution and decision-making authority. It addresses key aspects such as capital contributions, management rights, and exit procedures, all while adhering to Singapore's Partnership Act and related regulations. The agreement is commonly used when forming new partnerships or restructuring existing ones, providing a solid foundation for business operations and partner relationships.
