Need a Partnership Deed Registration? Lets make You a partner.

A partnership deed is a legally binding document that outlines the terms and conditions of a business partnership. It includes details about the partners, the business, and how the partnership will operate.

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4 easy steps to Partnership Deed Registration.

Fill up the Form.
Submit the documents.
Pay only professional fee.
Get your Partnership Deed Registration.

Process of Partnership Deed Registration

Decide Key Terms
- Name of the Partnership Firm
- Nature of Business
- Business Address
- Capital Contribution by Each Partner
- Profit & Loss Sharing Ratio
- Duties and Responsibilities of Partners
Draft the Partnership Deed

A legal professional prepares the deed containing all the agreed terms. Common clauses include:
- Name and address of firm and partners
- Duration of partnership
- Roles and powers of each partner
- Admission or retirement of partners
- Dispute resolution mechanism
Execute the Deed
- Print the deed on Non-Judicial Stamp Paper (value as per state laws)
- Get it signed by all partners
- Get the deed notarised for legal authenticity
Apply for PAN
- Apply for a PAN card in the name of the firm using the signed deed
Register with Registrar of Firms

It is advisable to register the deed with the Registrar of Firms in your state to give the firm legal recognition.

Content of a Partnership Deed

Title and Introduction

Title: “Partnership Deed”
Date of execution
Place of execution

Partner details

Registered name of the partnership firm
Principal place of business and other branch addresses (if any)

Details of the Partners

Full name, address, age, and occupation of each partner
Father’s name and nationality

Nature & Date of Commencement of Business

Description of the business activities proposed to be carried on by the firm

Effective date of the partnership (whether it’s from the date of deed or earlier)

Capital Contribution

Initial capital contribution by each partner
Further contribution methods
Interest (if any) on capital

Profit and Loss Sharing Ratio

Ratio in which profits and losses shall be shared among the partners

Bank Account Operations

Name of the bank
Who will operate the bank account (single or joint signature)

Drawings and Loans

Permissible drawings by each partner
Interest (if any) on drawings
Provision for partners’ loans to the firm and interest payable thereon

Duties and Responsibilities

Roles and responsibilities of each partner
Working partner designation and remuneration (if any)

Admission, Retirement & Death of Partner

Conditions for admission of a new partner
Process and rights on retirement
Settlement of accounts on death of a partner
Succession provisions

Accounts and Audit

Maintenance of books of accounts
Year-end closing
Audit provision (if any)

Duration of the Partnership

Whether the partnership is:
- At Will
- For a fixed term
- For a specific project

Dispute Resolution

Mode of resolving disputes: arbitration clause (recommended)
Jurisdiction of courts

Voluntary Dissolution

Procedure to dissolve the firm
Asset and liability settlement clause

Indemnity Clause

Indemnity to partners for losses caused by others’ misconduct or negligence

Documents of Partnership Deed

Application Form – Form No. 1

Duly filled and signed application form as per respective state’s Partnership Rules
To be submitted physically or via state-specific ROF portal (if available)

Partnership Deed

Executed Deed: On Non-Judicial Stamp Paper (value as per State Stamp Act)
Notarised Copy: One or two notarised copies, depending on state requirement
Signed by All Partners: Must be signed on all pages by all partners

Proof of Principal Place of Business

If Rented: Rent Agreement in firm’s name + NOC from owner
Ownership document (Property Tax Receipt / Sale Deed) in partner’s name
Also attach: Latest utility bill (electricity/water/gas) not older than 2 months