Can I download the deed in Word format?

Yes. Once you complete the form, the partnership deed is generated in downloadable Word format instantly.

Do all partners need to sign?

Yes, the partnership deed must be signed by all partners and witnessed to be legally valid.

Is minor partner allowed?

A minor can be admitted only to the benefits of the partnership with mutual consent, as per Section 30 of the Act.

Partnership Deed Generator - Create Legal Deeds Instantly

Q: Is this Partnership Deed legally valid?

Yes, the deed follows the Indian Partnership Act, 1932. It can be used for bank, GST, PAN registration and notarization.

How It Works

Just fill in the required information in the form below. Our system will automatically generate a fully formatted and legally structured Partnership Deed in editable Word format. You can print the document and have all partners sign it. If required by your bank or registration authority, you may get it notarized – otherwise, notarization is optional.

Once the deed is signed, you can proceed to apply for PAN, GST registration, and open a current account in the firm's name. This tool is designed to simplify your documentation needs and save you professional drafting costs.

Partnership Deed Generator

Why Use Our Free Partnership Deed Generator?

✔️ 100% Free, Instant and Legally Structured
✔️ Customizable Deed based on your partnership details
✔️ No need to hire a professional – DIY in minutes
✔️ Word format for easy editing and printing
✔️ Ideal for opening firm PAN, GST, Bank Account, MSME Registration

Whether you're forming a service-based partnership or a trading firm, this generator helps you comply with Indian legal norms. Trusted by startups, consultants, traders, and professionals across India.

Frequently Asked Questions (FAQ)

1. Is this Partnership Deed legally valid?

Yes. The deed generated by this tool follows standard legal formats used in India. You can print, sign it, and use it for PAN, GST, and bank account applications.

2. Do I need to get the deed notarized?

Notarization is not mandatory in all cases. However, some banks and government departments may ask for a notarized deed for verification. It is advisable but not compulsory unless specifically required.

3. Can I edit the generated deed?

Yes. The deed is generated in Microsoft Word (.docx) format, which can be easily edited to suit your specific needs before printing.

4. Is it safe to use this online generator?

Absolutely. We do not store your data. The document is created in real-time and only based on the inputs you provide. Your privacy is respected.

5. How many partners can I add?

You can add between 2 and 10 partners using this form. For more than 10, please contact a professional or use custom deed drafting.

6. What if all partners don’t contribute equally?

No problem. You can enter different capital contributions and profit-sharing ratios for each partner. The deed will reflect those proportions accordingly.

7. Can I use this deed to apply for GST and bank account?

Yes. Once printed and signed by all partners (and notarized if required), you can attach this deed for GST registration, PAN application, or to open a current account in your firm's name.

8. Can I generate a deed in Hindi or any other regional language?

Currently, the tool supports English only. For regional language deeds, it's best to consult a local professional who can translate and notarize it properly.

9. Is this deed suitable for a Limited Liability Partnership (LLP)?

No. This format is meant for traditional partnership firms registered under the Indian Partnership Act, 1932. For LLPs, a different deed format governed by the LLP Act, 2008 is required.

10. Do I need to register this partnership deed with the registrar?

Registration is optional but recommended. An unregistered partnership firm cannot file a case against third parties. You can register the deed with the Registrar of Firms in your state.

📘 About Partnership Firms in India – As Per Indian Partnership Act, 1932

What is a Partnership Firm?
A Partnership Firm is a business structure where two or more persons agree to share profits from a business conducted by all or any of them. It is governed by the Indian Partnership Act, 1932.

✅ Key Features:

Minimum 2 partners, maximum 10 (banking) or 20 (others)
Mutual agreement via Partnership Deed
Profit/loss shared among partners
Unlimited liability of partners
No separate legal entity from partners

🧾 What is a Partnership Deed?

A Partnership Deed is a written legal document detailing rights, duties, and obligations of all partners. Though optional, it helps avoid future disputes.

Important clauses include:

Name and address of firm and partners
Nature and scope of business
Profit-sharing ratio
Capital contribution by each partner
Remuneration, interest on capital, drawings
Retirement, death, and dissolution procedures

🏛️ Registration of Firm

Registration is not mandatory but beneficial. Unregistered firms cannot sue third parties. Registered firms enjoy legal protection, access to credit, and eligibility for government tenders.

📅 Duration of Partnership

It may be:

Partnership at will – No fixed term
Particular partnership – For a specific purpose or period

⚖️ Key Sections of the Indian Partnership Act

Section	Provision
Section 4	Definition of Partnership
Section 5	Partnership must arise from contract
Section 9	Partners must act in good faith
Section 13	Mutual rights and liabilities
Section 32	Retirement of a partner
Section 44	Dissolution by court

📄 Documents Needed for Registration

Partnership Deed on stamp paper
Passport-size photos of all partners
Proof of principal place of business
PAN and Aadhaar of all partners
Form 1 for registration with Registrar of Firms

Note: With this online generator, your Partnership Deed is created instantly and can be printed and notarized. You can use the deed for PAN, GST, bank account, and MSME/Udyam registration.

How It Works