How do I create a partnership?

A partnership is formed when two or more individuals (which can include legal entities, such as limited companies) agree that they form a partnership. There are no other formalities that need to occur.

However, without a 'Partnership agreement' stating the rules and responsibilities within a partnership, all the rules of the partnership will be set out by the 1890 Partnership Act. As the majority of partnerships prefer to operate under their own rules, they use a partnership agreement to formalise the structure in the way they want to run their business.

Start your partnership agreement now

The information on this page applies to England and Wales only.

Related services

  • Unfortunately there aren't currently any documents available for the region you selected.
  • Partnership agreement
    Compatible region(s): England Wales
    £179.99
    More info
    Buy

Back to top

Law Guide

Our use of cookies

We use necessary cookies to make our site work. We would also like to set some optional cookies. We won't set these optional cookies unless you enable them. Please choose whether this site may use optional cookies by selecting 'On' or 'Off' for each category below. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookie notice.

Manage cookie preferences

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Functionality cookies

We'd like to set cookies to provide you with a better customer experience. For more information on these cookies, please see our cookie notice.