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Partnership Deed

A partnership deed, also known as a partnership agreement, is a document that outlines in detail the rights and responsibilities of all parties to a business operation. It has the force of law and is designed to guide the partners in the conduct of the business. It is helpful in preventing disputes and disagreements over the role of each partner in the business and the benefits which are due to them.

Frequently Asked Questions ?

   What is partnership deed ?

The document in which the respective rights & obligations of the members of a partnership is written like interest on capital,profit sharing ratio etc.

   what is the need of making partnership deed ?

It help to maintain mutual understanding between partners & avoid dispute if arise in future between partners. In the absence of partnership deed it becomes complicated to run the business smoothly.