CANADA
Set up a partnership or joint venture in Canada with these template agreements and forms for Canadians. Fully editable and easy to customize to meet your needs.
Under Canadian laws, every partner in a general partnership is personally liable for all of the partnership's obligations, including negligence by another partner. So it's very important to choose your business partners wisely. Each province and territory of Canada has its own laws governing partnerships.
Partnerships are not taxed directly for income tax purposes. Instead, the partners pay the income tax. In the case of a joint venture with foreign partners, if the venture does business in Canada, the foreign partners will be taxed on their share of profits as if they were a Canadian branch operation.
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Software Development Partnership Agreement | Canada
Create a strategic partnership to develop and market software apps in Canada with this Software Development Partnership Agreement template.
- The partners agree to work together to develop, implement, market and provide ongoing support for the software.
- The partners will work together to develop, implement, market and provide ongoing support for the software.
- One of the partners will have primary responsibility for development of the software, and the other will have primary responsibility for marketing and selling the final product. However, both parties will be required to expend sufficient time and effort in all areas.
- Both parties will have equal rights in managing the business, but neither partner has the authority to act on behalf of the other partner.
- Revenues will be deposited into an operating account from which partnership expenses will be paid. Profits will be distributed to the partners at regular intervals.
- Each partner is responsible for paying their own taxes and remittances.
- The Agreement contains two alternate sets of clauses for ownership of the intellectual property - one for joint ownership and one for individual ownership.
- The file also contains confidentiality and non-competition provisions.
- The Agreement is governed by Canadian intellectual property laws.
- The document is available as a MS Word template and is fully editable to fit your unique needs.
$17.99
Subscription for Limited Partnership Units | Canada
Sell units in a limited partnership with this Subscription form and power of attorney for subscribers to a Canadian limited partnership.
- Each subscriber for units in the partnership must complete and return the forms to the general partner, along with payment of the subscription price.
- The power of attorney gives the general partner the authority to sign the partnership documents on behalf of the subscriber.
- The forms are completely editable and can be used as often as required.
- This is a downloadable legal form in MS Word format which can be reused as often as you require.
- Intended to be used only in Canada.
$6.29
