Starting a business · South Africa

Partnership Agreement for South Africa

Sets out how partners share profits, losses, decisions and work, and what happens if a partner leaves or the business ends. Drafted for South Africa: governing law, local legal terms, and notes on how to sign it there.

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What the document covers

1. Name, business and place
2. Partners and capital contributions
3. Profit and loss sharing
4. Management and voting
5. Duties and restrictions
6. Drawings and accounts
7. Admission of new partners
8. Retirement, death or expulsion
9. Dissolution
10. Disputes and governing law
11. Signatures

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