Juridico
SVEN
Get legal help

Partnership agreement for trading partnerships

A partnership agreement (kompanjonsavtal) sets out how you, the owners of a trading partnership, share the profits, make decisions and go your separate ways. We write the agreement to fit your business, whether you are just starting or already up and running.

One partner signs an agreement while the other puts down the keys

Who it is for

For you if you run a trading partnership (handelsbolag) or limited partnership (kommanditbolag) together with one or more partners, or are about to start one. In the Partnership Act (handelsbolagslagen), the agreement between the partners is called a bolagsavtal. Kompanjonsavtal and kompanjonavtal are the everyday words for the same thing.

If you own a limited company together, what you need is a shareholders' agreement.

How we help you

The Partnership Act lets the partners decide most things about their rights and obligations towards each other. If you have not agreed on anything, the rules in the Act apply, and they do not suit every business. For example, the profit or loss is shared equally between you, after each of you has received interest on your contribution and reasonable pay for your work managing the business.

We go through how you run the business and write the agreement to match. A partnership agreement usually covers contributions and withdrawals, how profit and loss are shared, who may make which decisions and sign on behalf of the business, and whether the partners may run competing businesses on the side.

We pay special attention to what happens when someone wants to leave. Without an agreement, the business goes into liquidation six months after a partner has terminated an agreement that runs until further notice, and immediately if a partner dies. Instead, you can agree that this partner leaves the business while the rest of you carry on running it. You can also give each other the right to buy out a share that passes to someone else without your consent.

The agreement applies between you. Towards the business's creditors, each of you is still liable for all of the business's debts (jointly and severally).

If you have not agreed otherwise

Profit and loss.Each partner first receives interest on their contribution and reasonable pay for managing the business. Whatever is left is shared equally.
New partner.A new partner may join the business only if all the partners agree.
Termination.If the agreement runs until further notice, any partner can terminate it at any time. The business then goes into liquidation six months after the termination.
Death.If a partner dies, the business goes into liquidation immediately.

What is included

5 items
  • A review of the business and what the partners want
  • A partnership agreement tailored to your business
  • Terms for contributions, withdrawals and profit sharing
  • Rules for decisions, signing on behalf of the business and leaving
  • A review by a legal professional (jurist) before the agreement is final

What is not included

4 items
  • Registering the trading partnershipEkonomico, the accounting firm that Juridico is part of, can help with registration at the Swedish Companies Registration Office (Bolagsverket).
  • Notification when a partner joins or leavesThe partners are listed in the trade register, so a change must be reported to Bolagsverket without delay. Ekonomico can help with this.
  • Agreements between the owners of a limited companyThat is the Shareholders' agreement service.
  • Agreements between businesses that work together without a shared companyThat is the Cooperation agreement service.

What you need to have ready

5 items
  • The name and company registration number of the business, if it is registered
  • Who the partners are and what each of them has contributed
  • How you want to share the profits and make withdrawals
  • Who may sign on behalf of the business and make which decisions
  • What should happen if someone wants to leave

Good to know

We write the agreement under Swedish law. If one of the partners is a foreign company, we first assess whether we can take on the work. If you already disagree, or are about to wind up the business, get in touch and we will tell you whether we can help or where you can turn.

How it works

  1. 1Send an enquiry. Use the form to tell us about the business, the partners and what the agreement needs to solve.
  2. 2Get a quote. We normally get back to you within one working day and tell you what is included and what it costs.
  3. 3We write the agreement. Once you have accepted the quote, we go through the business with you and write the agreement.
  4. 4You receive the agreement. Digitally or at the office, ready for all the partners to sign.

Frequently asked questions

What is a partnership agreement?
An agreement between the partners in a trading partnership about how the business is run, how the profits are shared and what happens if someone leaves. In the law it is called a bolagsavtal.
Is it kompanjonsavtal or kompanjonavtal?
Both spellings are used, and they mean the same thing.
What applies if we do not have a partnership agreement?
Then the rules in the Partnership Act apply. For example, the profit or loss is shared equally after interest on the contributions and pay for managing the business, and if a partner dies, the business goes into liquidation.
What happens if a partner sells their share?
Without the consent of the others, the buyer does not become a partner. The buyer is entitled to what the partner could have taken out of the business and to their part when the business's assets are divided, and can terminate the partnership. In the agreement you can give each other the right to buy out the share.
We own a limited company. Do we need a partnership agreement?
In a limited company, the agreement between the owners is called a shareholders' agreement, and it must be coordinated with the articles of association. We write those too, in the Shareholders' agreement service.
More services

Send an enquiry

Tell us briefly about your matter and we will normally get back to you within one working day with a quote before we start.

  • The enquiry and quote are free
  • You only pay once you have accepted the quote
  • Meetings at the office or online

About: Partnership agreement

Private or business?

Do not write personal identity numbers, passport numbers or other sensitive details here. If we need such documents, you hand them in at the office or send copies by post.

Sources (5)

  1. Act (1980:1102) on Trading Partnerships and Non-registered Partnerships, as amended up to SFS 2018:1662, Chapter 1, Sections 1–2 and Chapter 3, Section 1 (trading partnerships and limited partnerships)
  2. Act (1980:1102) on Trading Partnerships and Non-registered Partnerships, as amended up to SFS 2018:1662, Chapter 2, Sections 1–2 and 6–8 (relations between the partners by agreement, new partner, interest, pay and distribution of profit or loss)
  3. Act (1980:1102) on Trading Partnerships and Non-registered Partnerships, as amended up to SFS 2018:1662, Chapter 2, Sections 17, 20 and 21 (representation, joint and several liability, transfer of a share and buy-out clauses)
  4. Act (1980:1102) on Trading Partnerships and Non-registered Partnerships, as amended up to SFS 2018:1662, Chapter 2, Sections 24, 26 and 29 (termination, death and leaving the partnership instead of liquidation)
  5. Trade Register Act (1974:157), as amended up to SFS 2024:1112, Section 4 (the partners in the trade register) and Section 13 (changes must be reported without delay)

The information was checked against the sources on 28 October 2026.