A Partnership Agreement is a legal contract between two or more individuals or entities who have agreed to carry on a business in common with a view to profit. This agreement outlines the terms and conditions of the partnership, including the rights, responsibilities, and obligations of each partner.1

What Should a Partnership Agreement Include?

A well-drafted Partnership Agreement should typically include the following:

• Partner Information: Names, addresses, and contact information of all partners.
• Partnership Name: The official name of the partnership.
• Partnership Purpose: The specific business activities the partnership will undertake.
• Capital Contributions: The amount of capital each partner will contribute to the business.
• Profit and Loss Sharing: How profits and losses will be divided among the partners.
• Management and Decision-Making: How decisions will be made and who will be responsible for managing the business.
• Partner Duties and Responsibilities: The specific duties and responsibilities of each partner.

• Withdrawal and Dissolution: The procedures for a partner to withdraw from the partnership and for dissolving the partnership.
• Dispute Resolution: How disputes between partners will be resolved.
• Confidentiality: Provisions to protect confidential information.

Why Choose Gascon Bernabeu?

At Gascon Bernabeu, we understand the importance of having a robust Partnership Agreement in place. Our experienced legal team can help you draft a comprehensive agreement that protects your interests and ensures the smooth operation of your partnership.

We offer personalized legal advice to clients worldwide, providing tailored solutions to meet your specific needs. Our no-obligation consultations allow us to discuss your requirements and provide fixed fee quotes, ensuring transparency and cost-effectiveness.

Don’t take risks with your partnership. Contact Gascon Bernabeu today to secure reliable legal advice.