Partnership is a common business model, which can combine the resources and capabilities of many people to start a business together. However, there are also some matters needing attention when starting a partnership. The following are the matters needing attention when starting a partnership company.

    1. Partnership Agreement The partnership agreement is the basis of the partnership. It stipulates the rights and obligations between partners, including investment amount, profit distribution, management right, exit mechanism, etc. The partnership agreement needs to be prepared before the company is opened and signed by all partners. The partnership agreement can avoid disputes between partners and protect their interests.

    2. The key to a partnership is to choose the right partner. Partners should have similar values and goals, be able to work together and trust each other. The professional knowledge and experience of partners should also complement each other in order to give better play to their respective advantages.

    3. Capital investment A partnership requires capital investment. Partners shall specify the proportion of investment amount and profit distribution in the partnership agreement. Partners should invest in accordance with the provisions of the agreement and provide financial support to the company in a timely manner.

    4. Management Structure A partnership needs a clear management structure. Partners may choose to set up a board of directors or a management committee to better manage the company. The management structure should be clearly defined in the partnership agreement to avoid management confusion.

    5. Tax Matters A partnership needs to comply with tax regulations. Partners should understand tax regulations and pay taxes in a timely manner. Partners should choose appropriate tax strategies to minimize their tax burden.

    6. The risk management partnership needs to carry out risk management. Partners should understand the risks faced by the company and take corresponding measures to manage them. Partners should purchase appropriate insurance to protect the company's property and employees.

    7. Exit mechanism A partnership needs an exit mechanism. The partner should clearly stipulate the exit mechanism in the partnership agreement, including exit conditions, exit procedures, and rights and obligations after exit. The withdrawal mechanism can avoid disputes between partners and protect their interests.

In a word, there are many things to pay attention to when starting a partnership. These matters include partnership agreement, partner selection, capital investment, management structure, tax issues, risk management and exit mechanism. Adequate preparation can help partners better cooperate and start businesses together.