centilio
Start free
Centilio

Explore the products

A business OS.
Room to grow.

Start with one tool. Explore the wider suite as your needs grow.

Explore Centilio One ↗Product availability follows the catalogue.
Signby Centilio
Templates ⌄
Open Sign
FREE TEMPLATE / CORPORATE AND GENERAL BUSINESS

Partnership Deed

A partnership deed for two partners setting up a firm in India under the Indian Partnership Act, 1932. The second partner signs first, then you sign as the first partner.

For India.

Send it for e-signature with Centilio SignDownload the free PDF

The PDF is free to download. Centilio Sign is free to start.

First page of the Partnership Deed template
PDF, 3 pages, 17 KB
THE DOCUMENT

What it covers

The template has 12 parts.

  1. Business
  2. Commencement and duration
  3. Capital
  4. Profit and loss
  5. Interest on capital and remuneration
  6. Bank accounts
  7. Books of account
  8. Duties of the Partners
  9. Admission and retirement
  10. Death and dissolution
  11. Arbitration
  12. General
BEFORE YOU START

What you will be asked

Have these details ready. The template needs them before anyone signs.

  • What is your residential address?
  • What is your partner's residential address?
  • What business will the firm carry on?
  • Where is the firm's principal place of business?
  • In which state is the principal place of business?
  • From what date does the partnership begin?
  • How much capital are you bringing in?
  • How much capital is your partner bringing in?
  • What percentage of profit and loss is yours?
  • What percentage of profit and loss is your partner's?
  • In which city should any arbitration take place?
THE PEOPLE

Who signs

Everyone the template names, and what each one does.

  • Second partnerSigns
  • First partnerSignsSends it
SIGNING RULES

How it is signed in India

The rules for an agreement that needs stamp duty depend on where it is signed. Laws change, so check the sources before anyone signs.

India

E-signature

It can be signed electronically. Stamp duty is paid before it is signed.

Steps

  1. Buy e-stamp paper for the agreement's stamp duty in the state where it is signed.
  2. Attach the e-stamp certificate as page 1.

What the law asks for

E-signature
AcceptedAn agreement that is not left out by the IT Act First Schedule can be e-signed once its stamp duty is paid.
Witnesses
NoneTwo witnesses are common practice.
Notary
Not needed
Remote signing
Not available
Registration
Not needed
Stamp duty
RequiredStamp duty at the state's rate for the instrument. Pay it through SHCIL e-stamping or the state's own system before signing.

Sources

Checked 25 October 2026 against these sources.

QUESTIONS

Common questions

Answers from the signing rules on this page.

Can the partnership deed be signed electronically in India?

Yes. An electronic signature is accepted for it in India. An agreement that is not left out by the IT Act First Schedule can be e-signed once its stamp duty is paid.

How many witnesses does the partnership deed need in India?

None. No witness is needed in India. Two witnesses are common practice.

Does the partnership deed need a notary in India?

No. No notary is needed.

Does the partnership deed need to be registered in India?

No. It is not registered.

Is stamp duty due on the partnership deed in India?

Yes. Stamp duty is paid before it is signed. Stamp duty at the state's rate for the instrument. Pay it through SHCIL e-stamping or the state's own system before signing.

Can the partnership deed be signed or witnessed remotely in India?

No.

THE RIGHT TEMPLATE

Where it fits

For a partnership firm in India. Use the partnership agreement for the US, Canada, the UK or Australia, and the joint venture agreement for a single project between companies.

A CAREFUL CHECK

Before you rely on it

Original Centilio wording, not legal advice. Stamp duty on a partnership deed depends on the state and the capital, so execute it on stamp paper or through electronic stamping of the right value, and add witnesses if your state requires them. Registration with the Registrar of Firms is optional but advised, the firm needs its own PAN, and a chartered accountant should check the interest and remuneration terms against current income tax law before you approve it. Print it on e-stamp paper of the value the state charges for a partnership deed, or attach the e-stamp certificate, before the partners sign.