Partnership agreements

Partnership is often called the most unstable ship that ever sailed. Without an agreement that sets out in detail what partners may and may not do, one partner can leave other partners liable for his actions. We provide carefully drawn partnership agreements to help your ship to avoid the reefs. We also include a dissolution agreement in case it fails. These agreements are suitable for any business.

    Templates

    Partnership agreement

    A comprehensive partnership agreement suitable for a business in any industry and with any number of partners. Covering a large number of practical, commercial and administrative points, it allows you to amend the default provisions of the Partnership Act and also provides additional terms relevant to how a modern day business operates. Use it not only to protect your legal rights but also to set out how you want your partnership to work.

    Limited partnership agreement

    Professionally drawn agreement to set up a partnership under the partnership law. This form of agreement is used most commonly for high risk ventures in property, finance, mining or research, where one or more partners is a limited company. A limited partnership enables a single partner to carry the liability. There is minimal requirement for registration or submission of returns. Secrecy can be maintained. The general partner who is at risk may have few assets.

    Limited liability partnership agreement

    Protect your privacy with this professionally drawn and comprehensive limited liability partnership agreement. In this version, most or all partners are involved in running the business. The document provides for statutory requirements as well as all usual inter-partner issues. It also provides additional terms covering how a modern day business operates. Use it not only to protect legal rights but also to set out how you want your LLP to work.

    Family partnership agreement

    Ideal for family businesses or groups of friends working together, this partnership agreement provides a good framework for setting out how the business will be run. It is slightly less formal than our standard partnership agreement, but still includes the provisions small businesses need.

    Admission of new partner agreement

    Essential document to admit a new partner into any partnership.

    Partnership dissolution agreement

    A simple partnership dissolution agreement, professionally drawn as a framework for the partners to dissolve their partnership. Covering practical, commercial and administrative points, it can be used for partnerships of any size and in any industry.

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