¶¶Òõ¶ÌÊÓƵ

Partnership Term Sheet Generator for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Partnership Term Sheet

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Partnership Term Sheet

"Need a Partnership Term Sheet for a new tech startup between three founding partners, with equal profit sharing and capital contributions of SGD 500,000 each, planning to launch operations in March 2025 in Singapore's cybersecurity sector."

Document background
The Partnership Term Sheet is a crucial preliminary document used when two or more parties intend to enter into a business partnership in Singapore. It captures the essential commercial terms agreed upon by the prospective partners before proceeding with detailed legal documentation. The document typically includes fundamental aspects such as capital contributions, profit-sharing ratios, management structure, and key operational decisions. While not legally binding in its entirety, it serves as a roadmap for the definitive Partnership Agreement and helps prevent misunderstandings during later stages of negotiation.
Suggested Sections

1. Parties: Details of all partners and their contact information

2. Background: Context and purpose of the partnership

3. Definitions: Key terms used throughout the term sheet

4. Business Purpose: Detailed description of partnership business activities

5. Capital Contributions: Initial and ongoing capital commitments

6. Profit and Loss Sharing: Distribution ratios and mechanisms

7. Management Rights: Decision-making authority and voting rights

Optional Sections

1. Non-Compete Provisions: Restrictions on competitive activities - used when partners may have competing interests

2. Intellectual Property Rights: Ownership and usage of IP - included when IP is significant to the business

3. Exit Mechanisms: Procedures for partner withdrawal or sale - recommended for longer-term partnerships

4. International Operations: Cross-border business provisions - required for international partnerships

Suggested Schedules

1. Schedule A - Initial Capital Contributions: Detailed breakdown of partner contributions

2. Schedule B - Business Plan: Initial business strategy and projections

3. Schedule C - Partner Details: Comprehensive partner information and contacts

4. Schedule D - Assets Schedule: List of partnership assets and valuations

Authors

Alex Denne

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

Relevant legal definitions






























Clauses






























Industries

Partnership Act 1890 (Chapter 391): Primary legislation governing partnerships in Singapore. Defines partnerships, regulates their formation, outlines rights and duties of partners, and governs partnership dissolution procedures.

Business Names Registration Act 2014: Governs the registration requirements for business names in Singapore, including filing obligations and disclosure requirements for partnerships.

Limited Partnerships Act 2008: Specific legislation for limited partnership structures, detailing the rights and liabilities of limited partners in Singapore.

Companies Act (Chapter 50): Relevant for potential future conversion to company structure and understanding corporate governance requirements in Singapore.

Income Tax Act: Governs the tax treatment of partnerships and individual partners, including filing requirements and tax obligations.

Goods and Services Tax Act: Outlines GST registration requirements and tax obligations for partnerships operating in Singapore.

Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data, affecting how partner information must be handled.

Misrepresentation Act: Part of contract law framework governing false statements and representations in partnership agreements.

Competition Act: Regulates anti-competitive practices and market conduct rules that partnerships must comply with in Singapore.

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

Silent Partner Contract

find out more

Partnership Term Sheet

find out more

Partnership Agreement For Restaurant Business

find out more

Limited Company Partnership Agreement

find out more

Limited Partnership Contract

find out more

Letter Of Intent Business Partnership

find out more

Legal Partnership Agreement

find out more

Formal Partnership Agreement

find out more

Domestic Partnership Declaration

find out more

Buy Sell Agreement Between Business Partners

find out more

Agreement Between Two Parties For Business Partnership

find out more

Technology Partnership Agreement

find out more

Startup Partnership Agreement

find out more

Software Partner Agreement

find out more

Simple Partnership Dissolution Agreement

find out more

Simple Limited Partnership Agreement

find out more

Property Partnership Agreement

find out more

Operating Agreement Between Partners

find out more

Nonprofit Partnership Agreement

find out more

Memorandum Of Understanding Between Two Partners

find out more

Managing Partner Agreement

find out more

Informal Partnership Agreement

find out more

Influencer Partnership Agreement

find out more

Founders Collaboration Agreement

find out more

Family Partnership Agreement

find out more

Equity Partnership Agreement

find out more

Equal Partnership Agreement

find out more

Distribution Partnership Agreement

find out more

Collaboration Agreement Between Two Companies

find out more

Channel Partner Agreement

find out more

Business Co Ownership Agreement

find out more

Business Agreement Between Two Companies

find out more

60 40 Partnership Agreement

find out more

50 50 Business Partnership Contract

find out more

Business Partner Agreement Contract

find out more

Generic Partnership Agreement

find out more

Startup Business Partnership Agreement

find out more

Strategic Partnership Contract

find out more

Partnership Percentage Agreement

find out more

Partner Separation Agreement

find out more

Simple Joint Venture Agreement

find out more

Mou For Joint Venture

find out more

Referral Partner Agreement

find out more

Small Business Partnership Agreement

find out more

Domestic Partnership Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.