Partnership agreements are an essential part of any business endeavor, as they outline the terms and conditions of the partnership between two or more parties. In Poland, a partnership agreement is known as “umowa partnerska” and is governed by the Polish Civil Code.

A partnership agreement is a legal contract that specifies the rights and responsibilities of each partner, including the division of profits and losses, the management of the partnership, and the terms of dissolution. It also outlines the scope of the partnership, including the products or services offered, target market, and geographical location.

In Poland, a partnership agreement can take several forms, such as a general partnership (spółka jawna), limited partnership (spółka komandytowa), or limited liability partnership (spółka z ograniczoną odpowiedzialnością). The type of partnership agreement chosen depends on the nature of the business and the preferences of the partners involved.

A general partnership is a form of partnership where all partners have unlimited liability for the partnership`s debts and obligations. A limited partnership, on the other hand, has at least one general partner who is liable for the partnership`s debts and obligations and one or more limited partners who are only liable up to the amount of their investment in the partnership.

A limited liability partnership is a hybrid of a general partnership and a limited liability company (LLC). It provides the liability protection of an LLC while allowing the partners to manage the business and share profits and losses as they would in a general partnership.

Regardless of the type of partnership agreement chosen, it is essential to have a written agreement that outlines the terms and conditions of the partnership. This can help prevent disputes between partners and ensure that the partnership runs smoothly.

In summary, a partnership agreement (umowa partnerska) is a legal contract that outlines the terms and conditions of a partnership between two or more parties. In Poland, there are several types of partnership agreements available, including general partnerships, limited partnerships, and limited liability partnerships. It is essential to have a written agreement to ensure that the partnership runs smoothly and to prevent disputes between partners.