Partnership agreement [or Shareholder’s agreement for a limited company] can be verbal or written however a written legal compliant agreement is a safer and more reliable document when required. Every business opportunity inolves taking risk and it makes a good business sense to reduce risk by restricting the size of risk to your personal and your family assets due to unforeseen future events. Sterling Finance can prepare simple or specific agreement design to suitable your business requirement.
This agreement will be fully compliant with the UK law in a simple understandable format. Our experts will also advise you about the areas of partnership agreement which are critical for the business for each partner.
Did you know that if you have no partnership agreement, then the Partnership Act of 1890 applies? The framework provided by the act is simple and straightforward, but does not deal with the many complications of trading a century after it was passed.