Document background
The Consultancy Partnership Agreement is essential for professionals seeking to establish a formal consulting practice in Singapore. This document is particularly relevant when two or more consultants wish to combine their expertise and resources in a structured partnership arrangement. It addresses critical aspects such as profit sharing, decision-making processes, service delivery standards, and partner responsibilities while ensuring compliance with Singapore's Partnership Act and related regulations. The agreement provides a foundation for sustainable business relationships while protecting all parties' interests through clear terms and conditions.
