Having a partnership deed in place will protect the stability of your business and can save you time and money. Partnerships can exist without a deed in place but in such cases, they will be regulated by the default statutory provisions under the Partnership Act 1890 (“the Act”). Such partnerships are known as ‘partnerships at will’ which is a highly unstable business arrangement.

Download the pdf to read about the importance of having an effective deed in place and how Capsticks can help.