Pakistan - Business

Partnership Deed

Legal agreement between partners for a partnership business in Pakistan.

Fill Your Details

Partnership Firm Name *

Firm Address *

Partner 1 Name *

Partner 1 CNIC *

Partner 1 Address *

Partner 1 Capital (PKR) *

Partner 1 Profit Share (%) *

Partner 2 Name *

Partner 2 CNIC *

Partner 2 Address *

Partner 2 Capital (PKR) *

Partner 2 Profit Share (%) *

Nature of Business *

City *

Date *

Optional Sections

Include Witnesses Section Include Verification Section Include Schedule/Annexure

Page Size

Live Preview

Start filling the form to see your document preview here...

Instructions

How to create a Partnership Deed:

1. State the firm name and business nature.
2. Specify each partner's capital contribution.
3. Define profit/loss sharing ratio.
4. Include clauses for management and decision-making.
5. Address death, retirement, and disputes.
6. Register the partnership with Registrar of Firms.
7. Obtain NTN for the firm from FBR.

Frequently Asked Questions

Is partnership registration mandatory?

Registration is optional but provides legal benefits. Registered firms can file suits against third parties.

Can profit sharing differ from capital?

Yes, profit sharing can be agreed independently of capital contribution.

What tax applies to partnerships?

Partnerships are taxed as AOP (Association of Persons) under income tax law. Get NTN for the firm.

How to add new partners?

Through a supplementary deed with consent of existing partners.