Partnership Contract Template for Pakistan

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

4.6 / 5
4.8 / 5

Let's create your Partnership Contract

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 Contract

"I need a Partnership Contract under Pakistani law for a tech startup with three equal partners, including specific provisions for intellectual property rights and a clause allowing for the addition of new partners starting March 2025."

Document background
The Partnership Contract is a fundamental legal document used in Pakistan to establish and govern business partnerships under the Partnership Act 1932. This document is essential when two or more parties wish to enter into a formal business partnership, whether for professional services, trading, or other commercial activities. It includes crucial provisions regarding capital contributions, profit-sharing, management structure, partner responsibilities, and dispute resolution mechanisms. The contract must comply with Pakistani legal requirements, including proper registration with relevant authorities. A well-drafted Partnership Contract helps prevent future disputes by clearly defining partners' rights and obligations, business operations procedures, and partnership dissolution terms. It's particularly important in the Pakistani business context, where partnerships are a common business structure for both family-owned businesses and professional ventures.
Suggested Sections

1. Parties: Identification and details of all partners entering into the partnership agreement

2. Background: Context of the partnership formation and brief description of the business purpose

3. Definitions: Definitions of key terms used throughout the agreement

4. Partnership Name and Business: Official name of the partnership and nature of business to be conducted

5. Term and Commencement: Duration of the partnership and its start date

6. Capital Contributions: Initial and ongoing capital contributions of each partner

7. Profit and Loss Sharing: Agreement on how profits and losses will be distributed among partners

8. Management and Decision Making: Structure for partnership management and process for making business decisions

9. Partners' Rights and Obligations: Detailed description of partners' rights, duties, and responsibilities

10. Banking and Financial Matters: Arrangements for banking, accounting, and financial management

11. Meetings and Resolutions: Procedures for partner meetings and decision-making processes

12. Restrictions on Partners: Limitations on partners' activities, including non-compete and confidentiality obligations

13. Dissolution and Termination: Circumstances and procedures for partnership dissolution

14. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction for disputes

Optional Sections

1. Intellectual Property Rights: Provisions dealing with ownership and use of intellectual property - included when the partnership involves significant IP assets

2. Good Will: Provisions regarding the valuation and treatment of partnership goodwill - included for established businesses or when specifically negotiated

3. Admission of New Partners: Procedures for admitting new partners - included when partnership anticipates expansion

4. Death or Incapacity of Partners: Specific provisions for handling partner death or incapacity - important for family businesses or long-term partnerships

5. Alternative Dispute Resolution: Mediation or arbitration procedures - included when partners prefer alternative dispute resolution

6. Foreign Investment Provisions: Special provisions for foreign partners - included when partnership involves international partners

7. Insurance Requirements: Specific insurance obligations - included for high-risk businesses or when required by regulations

Suggested Schedules

1. Schedule 1 - Capital Contributions: Detailed breakdown of each partner's initial and agreed future capital contributions

2. Schedule 2 - Profit Sharing Ratios: Detailed formula and conditions for profit and loss distribution

3. Schedule 3 - Business Plan: Initial business plan and projected financials

4. Schedule 4 - Property and Assets: List of partnership property and assets with valuations

5. Schedule 5 - Management Responsibilities: Detailed allocation of management duties and responsibilities

6. Appendix A - Partnership Registration Documents: Copies of official registration documents and certificates

7. Appendix B - Specimen Signatures: Sample signatures of all partners for banking and official purposes

Authors

Alex Denne

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

Relevant legal definitions
Clauses
Relevant Industries

Professional Services

Retail and Trading

Manufacturing

Real Estate

Construction

Technology Services

Healthcare Services

Educational Services

Consulting Services

Agricultural Business

Food and Beverage

Textile Industry

Import/Export Business

Financial Services

Hospitality

Relevant Teams

Legal

Corporate Affairs

Finance

Compliance

Risk Management

Operations

Business Development

Administration

Corporate Governance

Tax

Relevant Roles

Business Owner

Managing Partner

Chief Executive Officer

Legal Counsel

Company Secretary

Business Development Manager

Finance Director

Operations Manager

Compliance Officer

Risk Manager

Partnership Administrator

Business Consultant

Corporate Lawyer

Chartered Accountant

Tax Advisor

Industries
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

Non Binding Agreement

A non-binding agreement template under Pakistani law for documenting business intentions and proposed collaborations without creating legal obligations.

find out more

Lease Option (Real Estate)

A Pakistani law-governed agreement combining property lease terms with a future purchase option, integrating both common law and Islamic law principles.

find out more

Business Agreement

A Pakistani law-compliant business agreement template for establishing commercial relationships between business entities.

find out more

Unregistered Sale Agreement With Possession

A Pakistani law-compliant unregistered property sale agreement that facilitates immediate possession transfer while documenting the transaction terms and parties' obligations.

find out more

Enforceable Agreement

Standard enforceable agreement template compliant with Pakistani law and the Contract Act 1872, suitable for various business transactions.

find out more

Franchise Agreement Draft

A legal agreement under Pakistani law establishing the terms and conditions for operating a franchise business, including rights, obligations, and operational requirements of both franchisor and franchisee.

find out more

Standard Form Contract

A standardized contract template compliant with Pakistani law, designed for consistent use across business transactions.

find out more

Legal Agreement Between Two Parties

Standard two-party legal agreement template compliant with Pakistani law and jurisdiction, suitable for various business relationships.

find out more

Simple Agreement

Basic contract template compliant with Pakistani law, suitable for straightforward business arrangements and general commercial use.

find out more

Mutual Agreement Between Two Parties

A bilateral agreement template compliant with Pakistani law, establishing legal relationships between two parties with clearly defined mutual rights and obligations.

find out more

Incorporation Agreement

A Pakistani law-governed agreement establishing a new company's structure, governance, and shareholder relationships under SECP regulations.

find out more

Contract For Selling A Car

A Pakistani law-governed agreement for the sale and transfer of ownership of a motor vehicle, including essential terms and compliance requirements.

find out more

Business Transfer Agreement

A legally binding agreement under Pakistani law facilitating the complete transfer of business operations, assets, and liabilities between entities.

find out more

Tooling Agreement

A Pakistani law-governed agreement establishing terms for industrial tooling manufacture, supply, and maintenance, incorporating local manufacturing regulations and standards.

find out more

Service Agreement Terms And Conditions

A Pakistani law-governed agreement establishing terms and conditions for service provision between provider and client.

find out more

Representation Agreement

A Pakistani law-governed agreement establishing and regulating the relationship between a principal and their appointed representative, outlining representation terms and obligations.

find out more

Provisional Agreement

A Pakistani law-governed interim agreement establishing temporary terms between parties while working towards a final agreement.

find out more

Model Tenancy Agreement

A standardized rental agreement template compliant with Pakistani property laws and regulations, establishing terms between landlord and tenant.

find out more

Land Agreement Between Two Parties

A Pakistani law-governed agreement for transferring land ownership between two parties, detailing property specifications, consideration, and transfer terms.

find out more

Buyer Agency Agreement

A Pakistani law-governed agreement establishing a professional relationship between a property buyer and real estate agent, defining services, obligations, and compensation terms.

find out more

Subordination Agreement Mortgage

A Pakistani law-governed agreement establishing priority ranking between multiple mortgages over the same property, determining the hierarchy of security interests between lenders.

find out more

Commercial Lease Form

A Pakistani law-compliant agreement establishing terms and conditions for commercial property leasing, including rights, obligations, and regulatory requirements.

find out more

Simple Car Sale Agreement

A legally binding agreement under Pakistani law for the sale and transfer of ownership of a motor vehicle between two parties, documenting essential sale terms and conditions.

find out more

Employment Contract Form

A Pakistani law-compliant employment contract establishing terms and conditions between employer and employee.

find out more

Lease Agreement

A Pakistani law-compliant agreement establishing terms and conditions for property rental, governed by the Transfer of Property Act and provincial regulations.

find out more

Contractual Agreement

A standard Contractual Agreement template compliant with Pakistani law, suitable for establishing legally binding business relationships.

find out more

Security Agreement Form

A Pakistani law-governed agreement creating security interests over assets, establishing rights and obligations between security provider and holder under local secured transactions legislation.

find out more

Labour Contract Agreement For Construction Of House

A comprehensive labor contract for house construction projects in Pakistan, ensuring compliance with local labor laws and construction regulations.

find out more

House Construction Agreement Between Owner Contractor

A Pakistani law-governed agreement between property owner and contractor for house construction, detailing construction terms, specifications, and obligations.

find out more

Lodger Agreement

A Pakistani law-compliant agreement establishing terms for a lodger to share accommodation with a homeowner, covering rights, responsibilities, and living arrangements.

find out more

Consulting Agreement

A Pakistani law-governed agreement establishing terms and conditions between a client and consultant for professional consulting services.

find out more

Head Of Terms Agreement

A preliminary agreement under Pakistani law outlining key terms and conditions of a proposed business transaction, serving as a framework for detailed negotiations and final agreements.

find out more

Supply Contract Form

Standard Supply Contract Form compliant with Pakistani law, governing commercial supply relationships between parties for goods and materials.

find out more

Business Contract

A business contract template compliant with Pakistani law, establishing terms and conditions for commercial relationships between parties.

find out more

Business Purchase Agreement

A legally binding agreement under Pakistani law that documents the terms and conditions for the sale and purchase of a business, including all relevant assets, liabilities, and obligations.

find out more

Bike Sale Agreement

A Pakistani law-governed agreement for the sale and purchase of motorcycles, ensuring legal transfer of ownership and compliance with local regulations.

find out more

Umbrella Agreement

A Pakistani law-governed master agreement establishing framework terms for future specific agreements between parties.

find out more

Master Service Agreement

A Pakistani law-governed framework agreement establishing terms and conditions for ongoing service relationships between parties, with provisions for specific service orders.

find out more

Yearly Contract Agreement

A Pakistani law-compliant annual contract agreement template for establishing formal one-year business relationships.

find out more

White Label Agreement

A Pakistani law-governed agreement enabling one party to rebrand and resell another party's products or services under their own brand.

find out more

Website Development Agreement

A Pakistani law-governed agreement defining terms and conditions for website development services, including scope, deliverables, and rights between developer and client.

find out more

Volunteer Contract

A Pakistan-governed agreement establishing the terms and conditions between an organization and a volunteer, defining roles, responsibilities, and mutual obligations.

find out more

Virtual Assistant Contract

A Pakistani law-governed agreement establishing terms and conditions for virtual assistant services, including service scope, payment terms, and compliance requirements.

find out more

Vendor Contract

A Pakistan-law governed agreement establishing terms and conditions for supply of goods or services between a vendor and purchaser.

find out more

Vending Machine Agreement

A Pakistan-jurisdiction agreement template for installing and operating vending machines on commercial premises, including operational and compliance requirements under Pakistani law.

find out more

Vehicle Lease Agreement Between Individual And Company

A Pakistani law-governed agreement establishing terms for vehicle lease between a company and individual, including financial, maintenance, and operational conditions.

find out more

Vehicle Agreement Between Two Parties

A legally binding agreement under Pakistani law governing the sale and transfer of a vehicle between two parties, including terms of sale, warranties, and ownership transfer procedures.

find out more

Variation Agreement

A Pakistani law-governed agreement that formally modifies terms of an existing contract while maintaining other original provisions.

find out more

Trust Contract

A Pakistani law-governed document establishing a trust relationship between settlor, trustees, and beneficiaries for asset management and protection.

find out more

Tripartite Contract

A three-party agreement under Pakistani law establishing mutual rights and obligations between multiple stakeholders in a single unified contract framework.

find out more

Transfer Of Business Ownership Agreement

A legally binding agreement under Pakistani law facilitating the complete transfer of business ownership between parties, including assets, liabilities, and associated rights.

find out more

Trading Agreement

A Pakistani law-governed agreement establishing terms and conditions for commercial trading relationships between parties, including pricing, delivery, quality standards, and payment terms.

find out more

Trade Contract

A Pakistani law-governed agreement establishing terms and conditions for commercial trading relationships between parties, incorporating local legal requirements and trade regulations.

find out more

Simple Contractor Agreement

A Pakistani law-governed agreement establishing terms and conditions between a client and an independent contractor, defining service scope, payment terms, and mutual obligations.

find out more

Tender Agreement

A Pakistani law-governed agreement establishing terms and conditions for formal tender processes, ensuring compliance with local procurement regulations.

find out more

Teaming Agreement

A Pakistan-law governed agreement establishing collaboration terms between multiple parties for joint business opportunities or projects.

find out more

Suretyship Agreement

A Pakistani law-governed agreement where a surety guarantees the obligations of a principal debtor to a creditor, structured in compliance with local legislation and banking regulations.

find out more

Supplier Contract

A Pakistan-law governed agreement establishing terms and conditions for the supply of goods or services between a supplier and buyer.

find out more

Supplier Agreement

A Pakistan-law governed agreement regulating the commercial relationship between supplier and buyer for the provision of goods or services.

find out more

Supplemental Agreement

A legal document under Pakistani law that modifies or amends an existing agreement while maintaining its core structure and enforceability.

find out more

Subscription Contract

A Pakistani law-governed agreement establishing terms for recurring service provision between provider and subscriber, including payment terms and service obligations.

find out more

Subcontractor Agreement (Construction)

A Pakistani law-governed agreement between main contractor and subcontractor defining terms for construction work delegation and execution.

find out more

Strategic Partnership Agreement

A Pakistani law-governed agreement establishing strategic partnership terms and mutual obligations between collaborating entities.

find out more

Strategic Alliance Agreement

A Pakistan-law governed agreement establishing a formal strategic alliance between organizations, detailing collaboration terms, governance, and mutual obligations.

find out more

Silent Partner Agreement

A Pakistani law-governed agreement establishing terms between active business operators and a non-participating investor (silent partner), defining investment, profit-sharing, and liability terms.

find out more

Storage Agreement

A Pakistani law-governed agreement establishing terms for storage services between a facility provider and customer, covering operational, financial, and liability aspects.

find out more

Stock Option Agreement

A Pakistani law-governed agreement setting out terms for granting company stock options to employees, including vesting schedules and exercise conditions.

find out more

Shopping Agreement

A Pakistan-law governed agreement establishing terms and conditions for retail transactions between sellers and buyers, covering both traditional and online shopping arrangements.

find out more

Stipulated Price Contract

A fixed-price contract agreement under Pakistani law where a contractor agrees to complete specified work for a predetermined sum, governed by the Contract Act 1872.

find out more

Share Sale Agreement

A legally binding agreement under Pakistani law documenting the terms and conditions for the sale and purchase of shares in a company.

find out more

Software Maintenance Agreement

A Pakistani law-governed agreement establishing terms for software maintenance services, including service levels, responsibilities, and compliance requirements.

find out more

Share Pledge Agreement

A Pakistani law-governed agreement creating a security interest over shares as collateral for financial obligations, subject to local corporate and security laws.

find out more

Software Development Contract

A Pakistani law-governed agreement for software development services, defining project scope, deliverables, and obligations between developer and client.

find out more

Software Development Agreement

A Pakistani law-governed agreement establishing terms and conditions for software development services, including project specifications, deliverables, and intellectual property rights.

find out more

Software Contract Agreement

A Pakistani law-governed agreement establishing terms for software licensing, implementation, and maintenance between provider and client.

find out more

Software As A Service Agreement

A Pakistani law-governed agreement for cloud-based software service provision, defining service terms, data protection, and compliance requirements.

find out more

Social Media Management Contract

A Pakistani law-governed agreement establishing terms and conditions for social media management services, including content creation, platform management, and compliance requirements.

find out more

Simple Shareholders Agreement

A Pakistani law-governed agreement establishing core rights and obligations between company shareholders, aligned with the Companies Act 2017.

find out more

Standard Construction Contract

A Pakistani law-governed construction agreement defining terms, conditions, and responsibilities between employer and contractor for construction projects.

find out more

Standard Agreement

A versatile contract template compliant with Pakistani law, suitable for establishing various business relationships and commercial arrangements.

find out more

Simple Purchase Agreement

A basic commercial contract under Pakistani law that documents the terms and conditions for the sale and purchase of goods between two parties.

find out more

Simple Non Disclosure Agreement

A Pakistan-law governed Non-Disclosure Agreement protecting confidential information exchange between parties, structured for straightforward business use.

find out more

Sponsorship Contract

A Pakistani law-governed agreement establishing terms and conditions for sponsorship arrangements between sponsors and sponsees, including rights, obligations, and compliance requirements.

find out more

Service Contract

A Pakistani law-governed agreement establishing terms and conditions for service provision between a service provider and client.

find out more

Software Reseller Agreement

A Pakistani law-governed agreement establishing terms for software distribution rights between a software owner and reseller, including licensing, sales rights, and revenue sharing arrangements.

find out more

Service Agreement

A Pakistani law-governed agreement defining the terms and conditions between a service provider and client for the provision of professional services.

find out more

Secondment Contract

A Pakistani law-governed agreement for temporary employee transfer between organizations, maintaining original employment while establishing host company arrangements.

find out more

Schedule Agreement

A Pakistani law-governed agreement establishing framework for scheduled delivery of services or goods, with defined timelines and performance standards.

find out more

Retainer Agreement

A Pakistani law-governed agreement establishing terms for ongoing professional services between a service provider and client, including scope, fees, and mutual obligations.

find out more

Restaurant Partnership Agreement

A Pakistani law-governed agreement establishing a partnership for restaurant operations, outlining rights, responsibilities, and operational terms between partners.

find out more

Room Rental Agreement

A legally compliant Room Rental Agreement for use in Pakistan, establishing terms and conditions for room rentals under Pakistani property law.

find out more

Road Maintenance Agreement

A Pakistani law-governed agreement establishing terms and conditions for road infrastructure maintenance, including contractor obligations and performance standards.

find out more

Revenue Sharing Contract

A Pakistani law-governed agreement establishing terms for revenue sharing between parties, including calculation methods, payment terms, and compliance requirements.

find out more

Revenue Share Agreement

A contract governed by Pakistani law that establishes terms for sharing revenue between parties, including calculation methods and payment terms.

find out more

Retention Bonus Agreement

A Pakistani law-governed agreement establishing terms for employee retention bonus payments, including amount, conditions, and repayment terms.

find out more

Reseller Agreement

A Pakistani law-governed agreement establishing terms for product resale and distribution between a supplier and reseller, defining rights, obligations, and commercial terms.

find out more

Rental Renewal Agreement

A Pakistani law-compliant agreement that extends an existing lease between landlord and tenant, updating terms as needed while maintaining relevant original provisions.

find out more

Rental Agreement

A Pakistani law-compliant agreement establishing terms and conditions for property rental between landlord and tenant, incorporating federal and provincial legal requirements.

find out more

Renewal Of Tenancy Agreement

A Pakistani law-compliant document that extends an existing lease arrangement between landlord and tenant, updating terms while maintaining continuity with the original agreement.

find out more

Relationship Agreement

A legally binding agreement under Pakistani law that establishes terms and conditions governing the relationship between two individuals.

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: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’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; Genie’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 Trust Centre for more details and real-time security updates.