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United Kingdom

General Partnerships: Formation, Operation, Governance and Exit—Practitioner Checklist

Checklists
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Number and identity of the partners

  • How many partners will there be, and who are they?
  • What is each partner’s status: individual, company, another partnership, or other entity/body?
  • Do all partners possess the requisite qualifications?
  • Will any be salaried or fixed‑share partners?
  • What rights and duties will they hold?
  • Will they sign and be bound by the partnership agreement?
  • Can new partners be brought in; if so, must they sign a deed of adherence?
  • Is unanimous approval required to admit new partners?

Business details

  • What activities will the partnership undertake?
  • Is it an ongoing venture or a one‑off project (or projects)?
  • Are any regulatory consents, approvals and licences needed?
  • What will the partnership be called; does the name clash with an existing one?
  • Carry out searches at Companies House and the Trade Marks Registry.
  • Will a domain be needed; check availability and register it.
  • Where will the partnership operate?
  • Are the premises owned by one or more partners; if yes, will a formal lease be put in place?...
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Web page updated on 20/05/2026

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