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Partnership Agreement (General)

A Partnership Agreement (General) governs the relationship between all the partners involved in your business.

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4.7 (140 reviews)

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Last updated October 23, 2025

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Under 15 minutes

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Suitable for Australia

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Document Overview

A Partnership Agreement is a document that allows the partners of a business to establish their rights. Use this Partnership Agreement as a foundation for your general partnership. It ensures that your interests, and that of your partners, are aligned and protected.

If your business structure is a partnership, it is subject to the regulations within the Corporations Act 2001 (Cth). However, within the scope of the law the partners are free to decide upon:

  • termination;
  • dispute resolution; and
  • decision-making.

This Partnership Agreement is for partners who are individuals. Where the partners are two companies, use Partnership Agreement (Two Companies)

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