Notice of Withdrawal from Partnership
This Notice of Withdrawal from Partnership document can be used when an individual decides to leave a business partnership.
Last updated January 22, 2025
Suitable for Australia
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Frequently asked questions
Use this Notice of Withdrawal from Partnership if:
- You are part of a business partnership and wish to voluntarily withdraw as a partner.
- This document should only be used if a business partnership will remain in operation after the individual’s withdrawal.
- It is important to note that circumstances may vary, and withdrawal may be subject to pre-existing guidelines. For example, withdrawal from a partnership may be complicated by a business’ structure and the terms of the preexisting partnership agreement.
What does this document cover?
- Name and addresses of the withdrawing partner.
- The business name, and relevant jurisdiction.
- Facilitates the proper execution and documentation of withdrawal from partnership.
- Ensures the withdrawing partner ceases to exist on and from the date set out in the document.
Further information:
View Sample Notice of Withdrawal from Partnership
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