Can I change the terms of a partnership agreement?

0

I’d like to make a small tweak to our LLP’s partnership agreement. Is there an easy way to do this? Thanks a lot.

Answers

0

You can change the terms of a partnership agreement whenever you like, but you must ensure that all of the partners agree to the changes.

A partnership agreement is a private document so you simply need to make the appropriate change and provide a copy of the agreement as amended for each partner - there is no need to send a copy to Companies House or anyone else.

It is a good idea to regularly review your partnership agreement to make sure it remains current and effective.

a year ago
 

Your answer