Document background
The Startup Business Partnership Agreement is essential for entrepreneurs establishing a new business venture in Singapore. This document serves as the foundational contract that governs the relationship between partners, outlining everything from initial capital contributions to profit sharing arrangements and exit strategies. It's particularly crucial in Singapore's dynamic startup ecosystem, where clear partnership terms are vital for securing funding and ensuring smooth business operations. The agreement must comply with Singapore's Partnership Act and related business legislation, while addressing specific needs of modern startups such as intellectual property rights, technology transfer, and scalable business models.
