Document background
The Online Partnership Agreement serves as a foundational document for businesses establishing digital partnerships in Pakistan. This agreement is essential when two or more parties wish to collaborate in operating an online business venture, whether it's an e-commerce platform, digital service provider, or any internet-based business operation. The document integrates traditional partnership principles from Pakistani law with modern digital business requirements, addressing unique aspects such as website ownership, digital asset management, and online revenue sharing. It ensures compliance with both the Partnership Act 1932 and electronic commerce regulations while providing a clear framework for partner responsibilities, profit sharing, and dispute resolution in the digital space. The agreement is particularly relevant in today's growing digital economy, where businesses increasingly operate in virtual environments and require specialized legal protection for their online operations.
