Partnership deed is a written document which contains the rules and regulations regarding the conduct of business.
Contents of Partnership deed:
1. Name and address of the firm.
2. Name and Address of partners
3. Nature of business
4. Duration of partnership
5. Capital introduced by partners
6. Interest on capital
7. Drawing made by partner
8. Interest on partner drawings
9. Salary, commission and other remunerations payable to partners
10. Rights, Duties, and Liabilities of Partners.
