MAKE YOUR FREE Partnership Agreement
What is a Partnership Agreement?
A Partnership Agreement is a document used when two or more partners engage in a business with a view to making a profit. Partnership Agreements set out each individual partner's rights and responsibilities, provisions for running the business day-to-day, and what happens if a partner dies or the partnership dissolves.
When should I use a Partnership Agreement?
Use this Partnership Agreement:
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when you and one or more other individuals want to create (or have already created) a general (or ‘ordinary business’) partnership
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when you want to clarify each partner’s rights and obligations within the partnership and how various situations will be dealt with
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for individuals based in England, Wales or Scotland
If you want to create a limited liability partnership (LLP), use an LLP agreement instead.
