Partnership Agreement

Partnership Agreement Drafting for Malaysian Businesses

Stop gambling with handshake deals and WhatsApp promises. Your partnership could make or break your entire business future. One poorly written clause could cost you everything you've built. Get a rock-solid partnership agreement that protects your interests, defines clear roles, and prevents costly disputes before they destroy your business relationships and your bank account.

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  • Advocates & Solicitors
  • Offices in Kuala Lumpur & Johor Bahru
  • Confidential, no obligation
Ahmad Solehin Abd Ghani, PartnerNur Khalis Johar Amin, PartnerNur Amira Syahira, Senior AssociateSiti Zubaidah Jemadi, Senior AssociateSiti Sarah Sarif, Senior AssociateMadihah Hisham, AssociateNur Afiqah Qasrina, AssociateKritigeswari P. Ramesh, AssociateHafiz Azhari Zamree, AssociateNur Ashsyifa' Aqila, Trainee Associate

Real lawyers, one team behind every matter

Who this is for

Sound familiar?

01

Co-founders starting a new venture who want to protect their friendship and business from future conflicts over equity and control

02

Existing business partners operating on verbal agreements who realize they're sitting on a legal powder keg

03

Family members going into business together who need clear boundaries to prevent personal relationships from destroying business success

04

Friends launching a side business that's growing faster than expected and needs proper legal structure

05

Serial entrepreneurs bringing in new partners who want bulletproof agreements from day one

06

Business owners expanding through partnerships who need to protect their existing operations while scaling

What's at stake

What is really at stake

  1. 01
    You're lying awake at 3 AM, staring at the ceiling, wondering if your business partner is secretly making decisions behind your back.The WhatsApp messages are getting shorter. The "quick coffee meetings" you're not invited to are happening more often. You built this business together, but now you're questioning everything. Was that handshake deal enough? What happens to your share if things go south? Without a proper partnership agreement, you're sitting on a ticking time bomb that could explode your business, your friendship, and your financial future in one devastating legal battle.

In plain words

Partnership Agreement

A comprehensive partnership agreement is your business relationship rulebook that clearly defines ownership, responsibilities, profit sharing, decision-making authority, and exit strategies to prevent disputes and protect all partners' interests.

What good looks like

You dream of building a thriving business empire with your trusted partner, scaling together, sharing profits, and creating something meaningful that lasts for generations. But right now, uncertainty is eating you alive. You're afraid to make big moves because you don't know where you truly stand. You're walking on eggshells, avoiding difficult conversations about money and control. Legal That Works bridges that gap by creating crystal-clear partnership frameworks that turn uncertainty into confidence, confusion into clarity, and fear into unstoppable growth momentum.

What you get

What we deliver

Scope and fee are agreed in writing before any work starts, so you know exactly what you are getting.

  1. 01

    Founder Background Check

  2. 02

    Key Term Sheet Structuring

  3. 03

    Custom Partnership Agreement Drafting

  4. 04

    Stamping Assistance

  5. 05

    Guidance Session

How we work

Clear from the first conversation

  1. 1

    Send a short request

    Tell us what the matter is about. It takes under a minute and stays confidential.

  2. 2

    Akmal sets a time with you

    We reply within 30 minutes in office hours to arrange your consultation, online or at our KL or JB office.

  3. 3

    Advice, then a written proposal

    You get a clear view of the issues and options, then a written scope and fee proposal.

  4. 4

    Work begins on the agreed scope

    Akmal leads the matter with a team of our lawyers, working to the scope you approved. You get regular updates at every key step.

Scope and fee in writingAgreed before any work starts. No open-ended billing surprises.
Online where it suits youMost work is done online. We meet in person when the law requires it.
Fast, direct repliesWithin 30 minutes during office hours, Mon–Fri 8:30am–5:30pm.

Who leads your matter

Led by Akmal Saufi, supported by our team

Akmal leads your matter as Partner. Depending on the work, other lawyers in our team handle parts of it day to day, with Akmal overseeing the matter.

Akmal Saufi

Akmal Saufi

Partner, Messrs Akmal Saufi & Co

  • Advocate & Solicitor, Malaysia
  • Over 13 years in transactional work: M&A, joint ventures, land and infrastructure
  • LLB (Hons), International Islamic University Malaysia

The team behind your matter

Meet the team →
Ahmad Solehin Abd Ghani, Partner
Ahmad Solehin Abd GhaniPartner
Nur Khalis Johar Amin, Partner
Nur Khalis Johar AminPartner
Nur Amira Syahira, Senior Associate
Nur Amira SyahiraSenior Associate
Siti Zubaidah Jemadi, Senior Associate
Siti Zubaidah JemadiSenior Associate
Siti Sarah Sarif, Senior Associate
Siti Sarah SarifSenior Associate
Madihah Hisham, Associate
Madihah HishamAssociate
Nur Afiqah Qasrina, Associate
Nur Afiqah QasrinaAssociate
Kritigeswari P. Ramesh, Associate
Kritigeswari P. RameshAssociate
Hafiz Azhari Zamree, Associate
Hafiz Azhari ZamreeAssociate
Nur Ashsyifa' Aqila, Trainee Associate
Nur Ashsyifa' AqilaTrainee Associate

Who we have acted for

Organisations we have acted for

Federal government agencies & statutory bodies

Johor state bodies & local authorities

Government-linked companies

Private sector & NGOs

Shown with permission. Government agencies, statutory bodies and government-linked companies are identified as such. Their inclusion does not imply endorsement by any government, ministry or agency.

Next step

Request a consultation with Akmal

  1. 1Send a short request. It takes under a minute.
  2. 2Akmal reviews it and arranges a time with you.
  3. 3You get clear advice, then a written scope and fee proposal.

We reply within 30 minutes · Mon–Fri, 8:30am–5:30pm

Your details stay confidential. Sending a request does not mean you have appointed us.

  • Licensed advocates & solicitors
  • Professional indemnity insured
  • Offices in KL & JB

Questions

Frequently asked questions

Still unsure? Send a short request and Akmal will tell you plainly whether and how we can help.

How long does it take to complete a partnership agreement?

Typically 2-3 weeks from our initial consultation to final execution. The timeline depends on the complexity of your business structure and how quickly partners can align on key decisions.

What if my partner and I disagree on certain terms during the process?

This is exactly why you need professional help. We facilitate discussions between partners, present various options, and help you find mutually acceptable solutions. These conversations are much easier to have now than during a crisis.

What happens if we're already in a dispute with our current verbal agreement?

We can still help, but it's more complex and expensive. We'll assess your situation, document existing understandings, and create agreements that resolve current issues while preventing future ones.

Is this different from a shareholders’ agreement?

Yes. A Partnership Agreement governs ventures that have not incorporated a company. If you have or plan to form a company, you need a shareholders’ agreement instead.

Can we modify the agreement later as our business grows?

Absolutely. We build flexibility into every agreement and offer amendment services as your business evolves. Smart partnerships adapt to changing circumstances while maintaining core protections.

What is Legal That Works?

Legal That Works is a business and organisation oriented legal service designed by Messrs Akmal Saufi & Co (the firm that has brought the widely known legal consumer services brand ASCOLAW). We specifically help business owners and organisation leadership to navigate Malaysia’s legal terrain to achieve their commercial goals.

What if I’m not sure what legal service I need?

No problem. Most business owners aren’t legal experts. Just reach out and we will guide you to the right service or help you understand your options, without jargon or upselling.

Who will be helping me?

Your matter is led by Akmal Saufi, Partner. Depending on the work, other advocates and solicitors in our team will handle parts of it day to day, with Akmal overseeing the matter. You will always deal with real lawyers, not chatbots or generic customer support.

Before you sign

The cost of waiting

Every day you operate without a proper partnership agreement is another day you're gambling with your business future. Right now, while your relationship is strong, is the perfect time to set these boundaries. Waiting until problems arise makes everything 10 times harder and 100 times more expensive. We only take on 5 new partnership agreement clients per month because each case requires intensive personal attention and deep strategic planning. Once we're booked, you'll be waiting 6-8 weeks for the next available slot. Don't let a small disagreement turn into a business-ending lawsuit because you waited too long to get proper legal protection.

WhatsApp us

We reply within 30 minutes · Mon–Fri, 8:30am–5:30pm

Legal That Works logo

Legal That Works (Messrs Akmal Saufi & Co) is a Malaysian business friendly legal services firm providing services across multiple industries and practice area fuelling business growth and ambition.

All rights reserved. © Legal That Works is a legal service by Messrs Akmal Saufi & Co (Registration No. 00020004166). 2014-2026
Regulated by the Malaysian Bar Council under the Legal Profession Act 1976.

Legal That Works logo

Legal That Works (Messrs Akmal Saufi & Co) is a Malaysian business friendly legal services firm providing services across multiple industries and practice area fuelling business growth and ambition.

All rights reserved. © Legal That Works is a legal service by Messrs Akmal Saufi & Co (Registration No. 00020004166). 2014-2026

Regulated by the Malaysian Bar Council under the Legal Profession Act 1976.

Legal That Works logo

Advocates & Solicitors in Kuala Lumpur and Johor Bahru

Legal That Works logo

Advocates & Solicitors, KL and JB