Free · New firm, reconstitution, dissolution · Word and PDF

Partnership Deed Generator: A Complete Deed for Every Partner, Ready to Sign

Add the firm and each partner's capital and profit share, and watch the deed build itself on A4 pages. Write a tailored deed with AI in 11 Indian languages, or use the standard template with no AI. Then edit any clause and download Word or PDF.

  1. Add the firm
  2. Add the partners
  3. Draft, edit and download
Saved in this browser

Deed details

Type and basics
The firm
Partners · 2

The terms
Clauses
Standard clauses to include

The AI turns each line into a proper clause. The standard template adds them as you wrote them.

Language and look

Shared AI: 10 deeds an hour.

Privacy: the standard template is built in your browser. When you use the AI, your details go to our server and on to Google Gemini or OpenRouter to write the deed, and are not stored. With your own key they go straight from this browser to the AI.

Before you sign

    Page 1 of 1 0 words English

    Use your own free AI key

    Your key stays in this browser tab only and goes straight to the AI provider, never to our server. It's also used by our other AI tools until you close the tab.

    Free from Google AI Studio.

    Free models at openrouter.ai/keys.

    Recent deeds

    Your last 8 deeds, saved only in this browser.

      Honest by design

      What this partnership deed generator does, and what it doesn't

      What it does

      • Drafts three kinds of deed: a new partnership deed, a deed of reconstitution when a partner joins or retires, and a deed of dissolution.
      • Handles 2 to 20 partners, with each partner's capital, profit share and role, and checks that the profit shares add up to 100%.
      • Uses only your facts. Anything missing becomes a [placeholder], so names, amounts and dates are never made up.
      • Writes long deeds in parts at the same time, so each AI answer stays short enough to finish. If a part fails, those sections come from the template, are marked, and can be retried.
      • Lets you edit on the page, then download a real Word .docx file or a PDF, with a signature block for every partner and two witnesses.

      What it doesn't do

      • Give legal or tax advice. Ask a lawyer or chartered accountant to review the deed, especially interest and remuneration to partners.
      • Register the firm or pay stamp duty. Stamp duty depends on your state and the capital; registration is done with your state's Registrar of Firms.
      • Promise the AI is right. Read every clause before the partners sign.
      • Keep your deeds. Your drafts stay in this browser only; nothing is stored on our server.
      3 kinds of deed

      Which deed do you need?

      Partnership Deed

      Starting a new firm: name, business, capital, profit sharing, interest and remuneration, bank, books, retirement, death and dissolution.

      WhenBefore the firm starts business

      Deed of Reconstitution

      A new partner joins, a partner retires, or the profit-sharing ratio changes. It amends the original deed.

      ThenTell the Registrar of Firms, bank and GST

      Deed of Dissolution

      Closing the firm: dissolution date, settlement of accounts, who keeps the books, closing formalities and mutual release.

      ThenPublic notice, cancel GST, close the bank account
      Choosing a structure

      Partnership firm, LLP, company or joint venture?

      A short guide for India. Check the latest rules with a professional before you decide.

      FeaturePartnership firmLLPPrivate limited companyJoint venture agreement
      Main lawIndian Partnership Act, 1932Limited Liability Partnership Act, 2008Companies Act, 2013Indian Contract Act, 1872 (the agreement itself)
      Separate legal entityNoYesYesNo, unless a new company is formed
      Liability of ownersUnlimited, jointly and severallyLimited to the agreed contributionLimited to unpaid share capitalAs agreed between the parties
      RegistrationOptional, but an unregistered firm cannot sue third parties to enforce contractsMandatory with the MCAMandatory with the MCANot required
      Number of members2 to 50At least 2, no maximum2 to 200At least 2 parties
      Best forSmall businesses run by trusted partnersProfessionals and businesses that want limited liabilityBusinesses raising investmentOne project or a limited period

      Working together on one project only? Use the Joint Venture Agreement Generator. Other contracts are in the Agreement Generator.

      Step by step

      How to make a partnership deed online

      1. Choose the deed

        A new partnership deed, a deed of reconstitution or a deed of dissolution, with the date and place of signing.

      2. Add the firm

        Firm name, nature of business and principal place of business. Add the firm PAN and GSTIN if you already have them.

      3. Add every partner

        Name, father's or husband's name, age, address, PAN, capital and profit share. The shares must add up to 100%.

      4. Fill in the terms

        Start date, bank, who signs cheques, interest on capital and remuneration to working partners.

      5. Draft it

        Press Write with AI for a tailored deed in your language, or use the standard template. Edit any clause on the page.

      6. Stamp, sign and register

        Print on stamp paper of the right value, sign before two witnesses, then apply for registration, PAN, bank account and GST.

      Questions

      Frequently asked questions

      Is this partnership deed generator free?

      Yes. There is no sign-up and no watermark. The standard template has no limit. The shared AI writes up to 10 deeds an hour per visitor; after that you can add your own free Gemini or OpenRouter key.

      What should a partnership deed contain?

      The firm name, nature and place of business, start date and duration, each partner's name, address, capital and profit share, interest on capital, remuneration to working partners, bank operation, books of account, duties of partners, admission, retirement, death and dissolution, dispute resolution, and signatures of all partners with two witnesses.

      Is registration of a partnership firm compulsory?

      No. Registration with the Registrar of Firms of your state is optional under the Indian Partnership Act, 1932, but an unregistered firm cannot sue others to enforce its contracts, and partners cannot sue the firm or each other on the deed. Most firms register.

      How many partners can a firm have?

      At least two. The maximum is 50 partners under the Companies Act, 2013 and its rules. This tool lets you add up to 20 partners.

      Do I need stamp paper for a partnership deed?

      Yes. A partnership deed is stamped under your state's Stamp Act, and the duty often depends on the capital. Print it on non-judicial stamp paper of the right value or buy an e-stamp certificate. Check your state's current rate.

      How much interest and salary can partners get?

      The deed can allow interest on capital and remuneration to working partners. For income tax, the firm can deduct them only within the limits of the income-tax law, so ask your chartered accountant before you fix the amounts.

      When do I need a deed of reconstitution?

      When a new partner joins, a partner retires or dies and the business continues, or the profit-sharing ratio changes. Choose Deed of Reconstitution, mark each partner as continuing, incoming or retiring, and inform the Registrar of Firms, bank and tax authorities afterwards.

      Can I write the deed in Hindi or Gujarati?

      Yes. With Write with AI you can choose from 11 Indian languages, including Hindi, Gujarati, Marathi and Tamil. The standard template is in English only.

      Is my information private?

      The standard template and your drafts stay in this browser. When you use Write with AI, your details go to our server and on to Google Gemini or OpenRouter to write the deed, and are not stored. With your own key, they go straight from your browser to the AI.