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Notice of Withdrawal from Partnership

This document can be used when an individual decides to leave a business partnership.
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Suitable for Australia
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Document Overview

Written notice of withdrawal provides for a smooth exit, and facilitates simple and effective communication to the remaining partners and relevant clients. 

Use this Notice of Withdrawal from Partnership if:

  • You are part of a business partnership and wish to voluntarily withdraw as a partner. 

  • This document should only be used if a business partnership will remain in operation after the individual’s withdrawal.

  • It is important to note that circumstances may vary, and withdrawal may be subject to pre-existing guidelines. For example, withdrawal from a partnership may be complicated by a business’ structure and the terms of the preexisting partnership agreement.

What does this Document Cover?

  • Name and addresses of the withdrawing partner.

  • The business name, and relevant jurisdiction.

  • Facilitates the proper execution and documentation of withdrawal from partnership. 

  • Ensures the withdrawing partner ceases to exist on and from the date set out in the document.

Further Information:

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