When it comes to running a successful business, a partnership agreement is an essential document that outlines the terms and conditions of the partnership between two or more parties. It helps to ensure that all parties involved are on the same page and have a clear understanding of their roles and responsibilities.

One important aspect of a partnership agreement is the partnership deed, which is a legal document that outlines the rights and duties of each partner. This document includes all the details of the partnership, such as the name of the business, the capital contribution of each partner, and the profit-sharing ratio.

To help you get started with drafting a partnership deed, we’ve put together a sample document that you can use as a guide:


This partnership agreement is made on [DATE] between [PARTNER 1 NAME], [PARTNER 1 ADDRESS], and [PARTNER 2 NAME], [PARTNER 2 ADDRESS], (collectively referred to as “the Partners”).

1. Purpose of the Partnership

The purpose of this partnership is to carry on the business of [INSERT BUSINESS PURPOSE]. The business shall be conducted under the name of [INSERT BUSINESS NAME].

2. Capital Contribution

The initial capital contribution of each partner shall be as follows:



3. Profit Sharing Ratio

The profits of the business shall be distributed between the partners in the following ratio:



4. Management of the Business

The management of the business shall be the responsibility of the partners, who shall have equal rights and duties in this regard.

5. Partner’s Authority

Each partner shall be authorized to act on behalf of the partnership in all matters related to the business, subject to the approval of the other partners.

6. Partnership Dissolution

This partnership shall continue until it is dissolved by mutual agreement of the partners or by operation of law.

7. Arbitration

Any disputes arising from this partnership agreement shall be resolved through arbitration in accordance with the rules of the [INSERT NAME OF ARBITRATION BODY].

8. Governing Law

This partnership agreement shall be governed by and construed in accordance with the laws of [INSERT LAW].

IN WITNESS WHEREOF, the partners have executed this partnership agreement on the date and year first above written.






Creating a partnership agreement can seem daunting, but having a clear and comprehensive partnership deed is crucial for the success of any partnership. Use our sample as a guide to make drafting your own agreement easier. Remember, it’s important to consult with a legal professional to ensure that your partnership agreement is legally binding and provides adequate protection for all parties involved.