Partnership deed

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2013 Hello ,

I am Working on a project of our client. They want to start import - export Business. I have following doubts regarding drafting partnership deed.

1) Whether there is any specific partnership deed format in Import export business ?

2) Where can i get specific format of Partnership ?

3) what are the other requirements of act to establish Business entity ?

Anil Sankar V

Anil Sankar V (Expert)
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28 June 2013 Do visit nearby CA for an advise

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2013 i had made discussion with one CA and their staff give me a list of Partnership deed. Points are as follow.

1) Name of Partners.

2) Address of Business

3) profit and loss Ratio

4) Name of Firm

i had guided that this type of partnership deed is required.

But My question is this , in partnership deed there are more points to be covered like nature of Business , Remuneration of Partners, drawings of Partners , duration of Business , Capital , Interest on capital , bank account , proper books of account , etc.

Please help me whether i have to prepare partners ship deed as normal course of Business or only four points to be covered which was given by staff of CA

I am waiting for your favorable reply.

Thanks

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