A detailed agreement for a general partnership that replaces the Partnership Act 1890 default rules with clear terms on capital, profits, decisions, departures and dissolution.
Company secretarial
Partnership Agreement
About this document
A written agreement between the partners of a general (unlimited) partnership. Without one, the Partnership Act 1890 applies: profits are split equally, any partner can end the partnership at any time by notice, and the death or bankruptcy of a partner dissolves it. This agreement replaces those rules with arrangements that suit a modern business.
The document is laid out in the sections below. Each one comes with a plain-English guidance note explaining what it does and what to change.
Our templates are professionally structured starting points for UK businesses, not legal advice. For anything complex, unusual or high-value, have your final version checked by a solicitor.
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Company secretarial
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Editable Microsoft Word files
Guidance notes in every document
Written for UK businesses
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