A Partnership is a legal form for professionals such as doctors, architects, dentists, lawyers, accountants, physiotherapists etc. It is based on an agreement between two or more persons who agree to transfer certain assets into a common property in order to share the benefits from the partnership. The main difference between a Partnership and a Commercial Partnership is that a Partnership can only be used for practicing a profession, whereas a Commercial Partnership is used for operating a business. Also, unlike the Commercial Partnership, the partners of a Partnership are jointly liable in equal shares.

You can find more on the characteristics of a Partnership here. If you want to know whether a Partnership best suits your business, or if you want to set up a Partnership in the Netherlands, please contact us.