Add or remove a partner from a partnership

You will be asked to provide the same details for the new partner as you provided for the existing partners when you registered the business name.

 

For a partner that is...	you must provide...
an Individual	name date and place of birth residential address, and email address (optional)
a company (with an ACN)	name ACN, and email address
a registered body (with an ARBN)	name ARBN, and email address
another incorporated entity (no ACN or ARBN )	name, and organisation representative(s)

You must also declare that:

• the partner is eligible to hold a business name. See who is eligible to hold a business name.
• all partners of the business name holder agree to the change, and
• the change is permitted by an agreement between the partners which provides for the continued existence of the partnership (business name holder) in the circumstance that a partner is ceased, replaced or added to the partnership.

Remove a partner

After identifying the partner that is being removed, you must declare that:

• all partners of the business name holder agree to the change; and
• the change on is permitted by an agreement between the partners which provides for the continued existence of the partnership (business name holder) in the circumstance that a partner is ceased, replaced or added to the partnership.

You will also be asked if the partner is being removed because they are deceased.

Adding or removing a joint venture partner

You cannot add or remove a joint venture partner to your business name holder details. This is because changing the collection of entities behind the joint venture changes the holder itself. If your joint venture changes you must cancel your business name and give consent to register the same name to the new joint venture partnership. Each joint venture partner must provide an ABN when applying to register.