Preview · page 1Business partners starting or formalising a venture together
Partnership Agreement
For two or more people going into business together — capital, profit share, decisions and what happens when someone leaves.
Quick answer
A partnership agreement is a written agreement used by business partners starting or formalising a venture together in South Africa. This template covers the partnership & what it trades, capital contributions, profit & loss shares, joint management & banking and more, drafted with POPIA, the CPA and the ECT Act in mind.
R199
Free live preview · filled Word + PDF · reuse forever
Sign and send: fill it in, pay once, then sign online and email it to the other side to sign back. Included free.
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What's inside
- 01The partnership & what it trades
- 02Capital contributions
- 03Profit & loss shares
- 04Joint management & banking
- 05Death, exit & buy-out of a partner
- 06Dissolution & notice
- 07POPIA data-protection clause
Good to know
Do we need this if we're friends?+
That's exactly when you need it. A written partnership agreement prevents the arguments that end friendships.
What if there are more than 2 partners?+
Yes — the agreement works for three or more; set out each partner's share in the fields.
Is this legal advice?+
No. It's a professionally structured starting point. For high-value or unusual deals, have an attorney review your completed document.
