Mine was probably one of the crude responses! Please pardon my American skepticism. I was/am a businessman before I learned my first "Hello World." Part of my past duties have been the dissolution of business partnerships. A nastiness near that of divorce lawyers.

My previous advice still holds. I kept my response very short and succinct because I am not a lawyer, and anything I tell you will be misleading. As you say, your laws can be very different from mine. Your situation demands more attention than I or anyone could provide within this forum.

In my past experiences I see very few "handshake" partnerships last long at all. If the business/idea fails then there will be problems in distribution of assets. Even such intangibles as copyrights can cause no end of hate and fury. If the idea does succeed then you've got distrust and backstabbing to go along with your growing pains. In one case there were two partners that had literally been best friends since childhood. After being in business together for six months they were preying on each other like animals. PLEASE get yourself a lawyer. I don't care where you live. If your partner is American, then you need to assume he is going to act like one.

I apologize if my response to you seemed less than cordial. I truly do wish you the best of luck.

Regards,
JeffK