Business & contractsIndia
Partnership / co-founder terms worksheet
Gather the facts for your next move.
Agree contributions, decisions, money and exits before choosing a legal structure.
Where it applies: India; check the applicable state and local rules
01 · What is this?
Agree contributions, decisions, money and exits before choosing a legal structure.
02 · When is it useful?
Use when this task matches your situation and place.
03 · Start here
Decide the intended structure and contribution of each person.
Gather your pieces
- Decide the intended structure and contribution of each person.
- Check tax, registration and sector requirements with qualified advice.
Your prep sheet
Replace each [bracketed label] with your own verified details. Open the editor to make it yours, then read it through before sending.
FOUNDERS / PARTNERS — TERMS WORKSHEET Prepared by: [Your name] For discussion with: [Recipient / other party] Date: [Document date] Business idea, intended parties and existing commitments: [Facts and records] Contributions, ownership expectations and compensation: [Contributions and expectations] Decision authority, financial controls and information access: [Decisions and controls] Exit, deadlock and future funding issues: [Exit and disputes] Agreements or help requested: [What you want] Questions to resolve: Which legal structure fits? Who owns existing IP? Who can bind the business? How are profits, losses, taxes, transfers and departures handled? Turn agreed terms into documents suited to the selected structure.
Your next moves
- Have the correct agreement and entity documents prepared.
- Resolve ownership, authority and exit terms before signing.
Real-world check
This is a negotiation worksheet, not a partnership deed, shareholders' agreement, LLP filing or incorporation document.
Sources & official links
- India Code · Indian Contract Act, 1872 Legal background · Checked 6 Oct 2026