Partnership agreement between two parties
A two-party partnership agreement spells out how your partnership actually runs: who owns what, how decisions get made, how profit and loss are split, and what happens if one of you wants out. It complements — not replaces — formal company registration where that applies; it organizes the human relationship alongside or before the paperwork. In Treaty you draft it from ready clauses (scope, ownership, cancellation, dispute) and analyze its fairness before signing.
What it should cover
Each partner's share of profit and decisions, who contributes money versus work, and how disagreements get resolved if things stall.
Exit terms: how a partner withdraws, and what happens to their share and the joint work upon exit or dispute.
This agreement does not replace commercial registration or a company's legal form where your activity requires one — consult the relevant official authority for that, and use Treaty to document the human understanding between you before or alongside it.
Frequently asked
Does a partnership agreement replace commercial registration?
No. Commercial registration and legal company forms are a separate official process. A Treaty partnership agreement documents your shared understanding — shares, decisions, exit — and complements that process, it does not replace it.
What must a partnership agreement include?
Each partner's share, the decision-making mechanism, profit/loss split, and exit or dissolution terms in case of disagreement.
What if the partners disagree later?
Treaty provides a negotiation room inside the agreement itself to exchange edits and objections, plus a fairness indicator that surfaces imbalance before the disagreement grows.
Does it work for a partnership with a friend, not a formal business partner?
Yes — a very common source of conflict is a partnership between friends with nothing written down; spelling out shares and expectations in writing from the start protects the relationship before the money does.