Set up a partnership between two or more professional corporations in Canada with this template Partnership Agreement.

This form of partnership arrangement can be used by legal, accounting, architectural, consulting, medical or other professionals to help share the costs of the practice, as opposed to operating as a sole practitioner which can be much more costly and constitute a much larger business risk. Provisions of the Partnership Agreement include:

• Operation of the partnership and the percentage interests of each of the partners.


• Each partner is responsible for paying his/her own debts, and must keep the partnership property and the interests of other partners free from claims or demands.


• Partners cannot assign their interest or incur liabilities which might put their interest in danger of attachment.

This 6-page Canadian Partnership Agreement for Professional Corporations is provided in MS Word format, and is easy to download, fill in and print.