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Partnership Deed

Draft and register a legally valid Partnership Deed that protects all partners, defines profit-sharing and roles clearly, and gives your firm legal standing.

Without a registered deed, your firm cannot file suits in court — registration is strongly recommended.

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Why a Partnership Deed is Essential

Partnership Deed Legal Documentation Expert

A Partnership Deed is the foundational legal document that governs your business partnership. It defines each partner's capital contribution, profit-sharing ratio, roles and responsibilities, decision-making authority, and procedures for admitting or removing partners.

Without a registered deed, partner disputes are governed by the generic provisions of the Indian Partnership Act 1932 — which may not reflect your specific arrangement. VIP Filings drafts a comprehensive, customised deed and registers it with the Registrar of Firms for complete legal protection.

A well-drafted partnership deed is the single most important document for protecting every partner's financial interest and preventing costly future disputes.
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What We Offer

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Deed Drafting

Comprehensive deed covering all essential clauses and rights.

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Firm Registration

Registration with Registrar of Firms for full legal standing.

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Supplementary Deed

Addition/removal of partners or amendment of existing terms.

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Tax Advisory

Guidance on optimal profit-sharing for tax efficiency.

Key Benefits

Legally binding agreement protecting all partners
Clear profit-sharing ratio and capital contribution defined
Firm's legal standing to file suits and enter contracts
Mandatory for bank account opening in firm's name
Executed on proper stamp paper with paid stamp duty
Fast registration with Registrar of Firms
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Documents Required

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PAN and Aadhaar of all partners
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Passport-size photos of all partners
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Business address proof for the firm
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Capital contribution details from each partner
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Nature of business activity description
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Any existing agreement or MOU if applicable
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How It Works — Step by Step

1

Discuss Terms

Share partner details, capital and business nature with our team.

2

Deed Drafted

Legal team drafts comprehensive deed with all required clauses.

3

Review & Execution

Partners review and approve deed. Executed on stamp paper.

4

Firm Registration

Registered with Registrar of Firms. Certificate issued.

Why Choose VIP Filings

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Expert Legal Drafting

Comprehensive deed covering all eventualities and rights.

5–7 Day Completion

Partnership deed ready and registered in just 5–7 days.

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Stamp Duty Included

We calculate stamp duty and handle deed execution.

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Firm Registration

Full Registrar of Firms registration included.

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Unlimited Revisions

Revisions until all partners are fully satisfied.

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Legal Guidance

Advisory on taxation, banking and compliance requirements.

Frequently Asked Questions

Is firm registration mandatory?
Not legally mandatory but strongly recommended — an unregistered firm cannot file suits in court for recovery of dues.
How many partners can a firm have?
Minimum 2, maximum 50 partners under the Indian Partnership Act.
Can partners be changed later?
Yes, by executing a Supplementary Partnership Deed with consent of all partners.
Can a minor be a partner?
A minor can be admitted to the benefits of partnership (profit-sharing) but cannot be a full partner.
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📞 Contact Us Directly

📞 +91 91760 21990 📞 +91 93426 68285 ✉️ vipfilings@gmail.com
📍 No.27, Nellaiyappan Street, Bharathipuram, Chrompet, Chennai – 600044