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Partnership Agreement


Customise your partnership agreement online in just minutes and protect your business today. $79 

Time to complete: 15 minutes

Start now

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Partnership Agreement


Customise your partnership agreement online in just minutes and protect your business today. $79 

Time to complete: 15 minutes

Start now

 

Because partners will be personally liable for the assets and debts of a partnership, it's important that their obligations are made clear from the outset. Having a written agreement in place will clearly set out the rights and obligations of partners from the start and may help to prevent disputes arising in the future. 

With Quick Laws, you can quickly and easily customise your partnership agreement to the specific needs of your business arrangement. Depending on the type of partnership, you can create a written agreement that is tailored to a general partnership, limited partnership or an incorporated limited partnership. A Quick Laws partnership agreement includes safeguards to protect the rights of partners, clearly sets out their obligations and responsibilities, rights to profits and more.

Creating your own partnership agreement online can help your business save time, money and could prevent costly problems from arising in the future. 

Get started now with our easy-to-use online form to quickly and easily create your partnership agreement and get peace of mind that your business is protected today.

Why use this service?

✓ Complete in 15 minutes

✓ Save thousands in legal fees

✓ Ready to sign

✓ Simple and easy to use

✓ Complete online

✓ 30 day satisfaction guarantee

✓ 24 hour customer support


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How it works

      Customise your partnership agreement in 3 simple steps

 

Step 1. Complete
Our online form. We guide you through each step. 

Step 2. Download
Your customised agreement
   is instantly sent by email. 

Step 3. Print & Sign
Check, print and sign.  
 

 

COMMON QUESTIONS 

 

What is a partnership agreement? . . .

A partnership agreement is a contract between owners of a business in a partnership arrangement that sets out the terms and conditions of the relationship between the partners. This may include percentages of ownership, distribution of profits and losses, description of management powers and duties of each partner.

Why do I need a partnership agreement? . . .

If you intend to carry on business as a partnership, it is highly advisable to have a partnership agreement in place. While there is no formal or legal requirement to have one, it helps to set out the rights and responsibilities of the partners and without one, any partner can immediately terminate the partnership at will or by their death. Even the shortest partnerships should be conducted by a partnership agreement to protect the interests of the business and of all the partners. If you don't have one in place, misunderstandings between partners are common and may cause disputes to arise. Don't skip this important step!

How much does it cost to form a partnership? . . .

One of the benefits of a partnership is the low establishment costs it attracts. Sometimes Lawyers can charge exorbitant fees to draft a partnership agreement from a precedent. This cost can be reduced if you use the Quick Laws online partnership agreement to only $79. Simply answer the questions in the online form and your document is generated according to your answers and available for instant download. Simply send to the partners to review.

Does the agreement have a continuity clause? . . .

Yes. Our template includes clauses that allow for the partnership to continue in the event of the retirement or death of one of the partners.

 
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"I had a law firm draft a simple document for my business. It cost me $13,000 and words were missing. It was clear the lawyer had used a template and had not reviewed the document. Now, I use Quick Laws for my simple business documents. It's great."

                                                                              - Tim, NSW

Start partnership agreement


"I had a law firm draft a simple document for my business. It cost me $13,000 and words were missing. It was clear the lawyer had used a template and had not reviewed the document. Now, I use Quick Laws for my simple business documents. It's great."

                                                                              - Tim, NSW