The 50-50 Partnership Agreement is a crucial legal document used when two parties wish to establish an equal partnership business venture in Malta. This document is essential for partnerships where both parties intend to have equal rights, responsibilities, and profit-sharing arrangements. The agreement must comply with Maltese legislation, particularly the Companies Act (Chapter 386) and the Civil Code, and should be used when forming new partnerships or formalizing existing business relationships. It contains detailed provisions for capital contributions, management structure, profit distribution, dispute resolution, and partnership dissolution. The document serves as the founding agreement that governs the entire business relationship and provides legal protection for both partners.

1. Parties: Identification and details of both partners entering into the 50-50 partnership

2. Background: Context of the partnership formation and brief description of the business purpose

3. Definitions: Definitions of key terms used throughout the agreement

4. Partnership Formation: Declaration of partnership formation, effective date, and business name

5. Capital Contributions: Details of initial and any agreed future capital contributions from each partner

6. Profit and Loss Sharing: Equal (50-50) distribution of profits and losses between partners

7. Management and Control: Decision-making processes and day-to-day management responsibilities

8. Banking and Financial Matters: Banking arrangements, accounting procedures, and financial management

9. Partner Duties and Obligations: Specific responsibilities and commitments of each partner

10. Non-Competition and Confidentiality: Restrictions on competing activities and handling of confidential information

11. Duration and Termination: Term of partnership and conditions for termination

12. Death or Incapacity: Procedures in case of death or incapacity of either partner

13. Dispute Resolution: Process for resolving disagreements between partners

14. Governing Law: Confirmation of Maltese law as governing law and jurisdiction

15. General Provisions: Miscellaneous legal provisions including notices, amendments, and severability