This guide is written for individuals who are thinking of entering into a partnership agreement in respect of a business operating and/or trading in England and/or Wales. Click on one of the boxes below for further information.
What does a Partnership Agreement Contain?
Partnership agreements set-out detailed and practical rules relating to the partnership business and its partners. Each of the following sections outlines a key area that may be covered by a partnership agreement.
PARTNERSHIP FINANCECapital, property, drawings, profit distribution and partnership accounts. Read more
PARTNERSHIP DECISIONSRestrictions on a single partner and important decisions to which all or a specified majority of partners must agree. Read more
EXITING THE PARTNERSHIPHow to exit the partnership and regulating repayment of partners capital on exit. Read more