Business Partnership Agreement

R 299

Partnership terms, capital, profit share, decision-making, and exit—compare with incorporated structures under the Companies Act.

South African legal context (2026 checklist)

Many businesses prefer a Pty for limited liability; partnerships expose partners jointly and severally in many cases.

  • Companies Act 71 of 2008 (alternative: Pty Ltd)
  • Partnership Act (common law principles)

Use this as a starting point only. Verify current gazetted amendments, tribunal rules, and SARS / DOL circulars that may apply to your matter.

Typical questions we'll walk you through

Each step uses plain language—icons help you scan what comes next.

Profit and loss sharing?
Percentages, drawings, reserves.
Decision-making and deadlocks?
Majority vs unanimous matters.
Exit and buy-out?
Good/bad leaver, valuation method.

Guided online builder for this template is on our roadmap. Use these questions with your attorney or contact us for priority access.

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