Document background
The Informal Partnership Agreement is commonly used in Denmark when two or more parties wish to establish a business relationship without the complexity and formality of a full partnership deed. This document type is particularly suitable for small businesses, professional collaborations, and startup ventures where partners want to maintain flexibility while still having clear written terms. The agreement typically includes essential elements such as profit sharing, management responsibilities, and capital contributions, all structured in compliance with Danish partnership law. While informal in nature, it provides important legal protection by clearly documenting the partners' intentions and arrangements, helping prevent future disputes. This document should be used when establishing a new partnership or formalizing an existing informal business relationship in Denmark, ensuring alignment with the Danish Partnership Act and related business regulations.
