LLP Registration in Mumbai: Process, Fees, Maharashtra Stamp Duty and Compliance
Mumbai has a large base of CA and advisory firms, trading houses, design and media studios, and family businesses moving on from traditional partnerships. For them, an LLP combines a partnership of flexibility with a separate legal entity. The step Mumbai founders most often get wrong is the stamp duty on the LLP agreement. In Maharashtra, for cash contributions above ₹50,000, it is a percentage of the contribution, not a flat amount.
At a glance: LLP registration in Mumbai starts at ₹4,558 + GST + government fees. A straightforward incorporation may take around 7–15 working days, depending on name approval, document completeness, any resubmission and MCA processing time. The LLP agreement attracts Maharashtra stamp duty and must be filed in Form 3 within 30 days of incorporation.
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LLP in Brief
An LLP is a body corporate under the LLP Act, 2008, with perpetual succession. It is a separate legal entity and is generally liable for its own obligations. A partner is not personally liable merely because they are a partner, but remains personally liable for their own wrongful act or omission. Fraudulent conduct can also remove the protection of limited liability. Partners run the LLP under an LLP agreement, which sets out contribution, profit sharing and decision-making. For a national overview, see LLP registration in India.
Which Mumbai Businesses Suit an LLP?
|
Business type |
Why an LLP works |
|
CA, advisory and consulting practices |
Shared ownership with limited liability, subject to your professional regulator's rules |
|
Trading houses and distributors |
Partners keep control, with fewer compliance requirements than a company |
|
Design, media and creative studios |
Profit sharing is set by the LLP agreement, so roles can be flexible |
|
Family businesses leaving a traditional partnership |
Converting via Form 17 adds a separate legal identity and limited liability |
|
Self-funded startups |
No minimum capital, and no board meetings or AGM |
An LLP is not the best fit if you plan to raise equity from investors or issue ESOPs. In that case, compare it with a Private Limited Company first.
Eligibility for LLP Registration in Mumbai
|
Requirement |
Rule |
|
Partners |
Minimum 2, no upper limit; individuals or body corporates |
|
Designated partners |
At least two designated partners, who must be individuals; at least one must be resident in India under the LLP Act (see the note below) |
|
Registered office |
A valid address in Maharashtra, subject to MCA's registered-office requirements and acceptable address proof. Owned, rented, residential and eligible co-working premises may be used where the required documents and NOC are available |
|
Capital |
No prescribed minimum capital contribution |
|
Foreign or NRI partners |
Permitted, subject to applicable FEMA/FDI rules, sectoral conditions and other regulatory requirements. Foreign nationals generally need identity and address documents, with overseas documents authenticated as required |
|
Professionals |
An LLP may be available to professionals, but whether a particular professional can practise through one depends on the rules of their professional regulator |
Resident designated partner: the LLP Act treats a person as resident in India if they stayed in India for at least 120 days during the financial year (Section 7, as amended in 2021). This is a national LLP rule, not a Mumbai-specific one.
Choosing a Name for Your Mumbai LLP
Your name is checked against existing companies, LLPs and trademarks. A few habits reduce rejections:
- Lead with a distinctive word, not a generic one like "Business" or "Solutions".
- Avoid words that imply government links or regulated activity, such as "Bank", "Insurance" or "Municipal".
- Prepare two or three alternatives before you apply.
- Once approved, a name is reserved for 90 days, so have your documents ready before you reserve it.
Documents Required for LLP Registration in Mumbai
Partners: PAN; Aadhaar/passport/voter ID/driving licence; a recent bank statement or utility bill; photograph; email and mobile number. Foreign partners also need a passport and overseas address proof, notarised or apostilled as required.
Mumbai office: a recent utility bill or other address proof as required by MCA, plus the ownership document or rent/leave-and-licence agreement, and the owner's NOC where applicable. For a co-working seat, the provider's agreement and NOC.
Mumbai tip: most rented offices use a leave-and-licence agreement. Make sure it is current and describes the premises exactly as they appear on the address proof, to avoid a resubmission.
Step-by-Step LLP Registration Process in Mumbai
- Get DSCs for all designated partners.
- Reserve the name through RUN-LLP (or within FiLLiP).
- File FiLLiP on the MCA V3 portal with partner, contribution and office details.
- Central processing by the Central Registration Centre. Respond to any resubmission request within the time shown against the SRN.
- Incorporation: once approved, the LLP receives its Certificate of Incorporation and LLPIN. PAN and TAN are allotted through the integrated process, subject to successful processing.
- Stamp and file the LLP agreement: pay Maharashtra stamp duty (GRAS e-challan or e-stamp), have all partners sign, and file Form 3 within 30 days of incorporation.
- Set up operations: current account, GST (if applicable), Maharashtra Professional Tax, and Shops & Establishments intimation or registration where applicable.
An LLP whose registered office is in Mumbai falls under the jurisdiction of the Registrar of Companies, Maharashtra (Mumbai). Incorporation and later LLP filings are handled through the MCA portal.
Indicative Timeline for a Mumbai LLP Registration
|
Stage |
Typical time |
|
DSC and document collection |
1–2 working days |
|
Name reservation |
1–3 working days |
|
FiLLiP filing and MCA review |
3–8 working days |
|
Certificate of Incorporation, LLPIN, PAN and TAN |
1–2 working days |
|
LLP agreement, stamping and Form 3 |
Within 30 days of incorporation |
Timelines vary with name approval, document quality and any MCA resubmission request.
LLP Registration Fees in Mumbai
Kanakkupillai packages
|
Package |
Price (+ GST + govt fees) |
Includes |
|
Basic |
₹4,558 |
2 DPINs, incorporation, PAN & TAN (DSC and name reservation not included) |
|
Essential (most popular) |
₹6,022 |
Basic + 2 DSCs, name reservation, LLP agreement drafting, Form 3 filing, ESI/PF registration, accounting software |
|
Advance |
₹19,919 |
Essential + first-year compliance (financials, ITR, Form 8, Form 11), MSME registration, dedicated compliance manager |
Government fees and stamp duty are payable at actuals in addition to the package price.
Government fees
|
Item |
Amount |
|
RUN-LLP name reservation |
₹200 |
|
FiLLiP incorporation fee (standard incorporation slabs, by contribution) |
₹500 (up to ₹1 lakh) · ₹2,000 (₹1–5 lakh) · ₹4,000 (₹5–10 lakh) · ₹5,000 (above ₹10 lakh) |
|
Form 3 (LLP agreement), by contribution |
₹50 (up to ₹1 lakh) · ₹100 (₹1–5 lakh) · ₹150 (₹5–10 lakh) · ₹200 (₹10–25 lakh) · ₹400 (₹25 lakh–₹1 crore) · ₹600 (above ₹1 crore) |
Maharashtra stamp duty on the LLP agreement
Cash contribution (Article 47(1)(b), Maharashtra Stamp Act): ₹500 where the contribution does not exceed ₹50,000. Above ₹50,000, the duty is 1% of the cash contribution, subject to a maximum of ₹50,000. The Maharashtra Stamp (Amendment) Act, 2024, raised this maximum from ₹15,000 to ₹50,000.
|
Cash contribution |
Stamp duty |
|
₹50,000 |
₹500 |
|
₹1 lakh |
₹1,000 |
|
₹10 lakh |
₹10,000 |
|
₹1 crore |
₹50,000 (1% would be ₹1 lakh, so the cap applies) |
Contribution made through property is subject to a separate stamp-duty rule, based on the applicable conveyance rate and the market value. The 1% / ₹50,000 cap above does not apply to it. Take advice before contributing to property.
Maharashtra Registrations After Incorporation
|
Registration |
When |
Law/link |
|
Professional Tax: enrolment (PTEC) for the LLP; registration (PTRC) once you have salaried employees |
After incorporation / on hiring, as applicable |
Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 |
|
Shops & Establishments: intimation (fewer than 10 workers) or registration (10 or more) |
When the establishment is covered by the applicable Shops & Establishments requirements |
Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017 |
|
GST |
Depends on aggregate turnover, the nature and location of supplies, and the compulsory registration provisions. Certain inter-state supplies, and supplies through specified e-commerce operators, can require registration regardless of the normal threshold, subject to exemptions |
|
|
IEC |
Required for import/export activities where applicable under DGFT rules. It is not needed just because the business is in Mumbai |
|
|
Udyam (MSME) |
Optional |
Yearly Compliance for Mumbai LLPs
|
Filing |
Due |
Notes |
|
Form 11 (annual return) |
30 May |
Late filing attracts additional fees based on the length of delay and whether the LLP is a small LLP |
|
Form 8 (accounts & solvency) |
30 October |
Statutory audit under Rule 24(8) applies when turnover exceeds ₹40 lakh, and contribution exceeds ₹25 lakh. This is separate from the income-tax audit |
|
ITR-5 |
The income-tax due date applicable to the LLP |
Depends on whether the LLP is subject to tax audit under the Income-tax Act and whether transfer-pricing reporting applies. The LLP Rules audit is a separate test |
|
DIN KYC (designated partners) |
Once every three years, by 30 June of the due year, plus event-based updates when details change |
From 31 March 2026 (G.S.R. 943(E), 31 December 2025) |
|
Event-based MCA filings |
Form 3 (LLP agreement change), Form 4 (partner changes) and Form 15 (registered-office change): each within 30 days of the change. Other events have their own rules |
See LLP forms on MCA V3 |
For a managed plan, see our LLP annual filing service.
How Your LLP Is Taxed
An LLP is taxed as a firm at 30% of total income, with a 12% surcharge when income exceeds ₹1 crore and 4% health and education cess on top. Profits distributed to partners are not taxed again in their hands. Interest and remuneration paid to working partners are deductible only within the limits of the Income-tax law and your LLP agreement. Returns are filed in ITR-5.
Common Mistakes When Registering an LLP in Mumbai
|
Mistake |
How to avoid it |
|
Stamp paper bought at a flat ₹500 for a larger cash contribution |
Calculate 1% of the cash contribution (maximum ₹50,000) under Article 47(1)(b) |
|
Leave-and-licence agreement expired or unregistered |
Renew or register it before filing FiLLiP |
|
Address proof out of date or in a different name |
Use a recent proof and a matching NOC |
|
LLP agreement filed after 30 days |
File Form 3 on time. Late filing attracts additional fees that rise with the delay |
|
Converting a firm and missing the partners' and creditors' consents |
Use Form 17 with all consents in place. See partnership firm registration and conversion |
LLP vs Other Structures in Mumbai
|
If you… |
Consider |
|
Are 2+ partners running a services, trading or professional practice, self-funded |
LLP |
|
Plan to raise equity from investors or offer ESOPs |
Private Limited Company. See Pvt Ltd registration |
|
Are a single eligible founder who wants a corporate structure |
One Person Company. See OPC registration |
Get your Mumbai LLP registered with correct stamp duty the first time: Talk to an expert
Why Mumbai Founders Work With Kanakkupillai?
- Stamp duty checked before you buy stamp paper. We calculate the Maharashtra duty on your contribution first, so you don't overpay or under-stamp.
- Documents reviewed before filing. Address proof, the leave-and-licence agreement and the NOC are matched before FiLLiP is submitted, to avoid resubmissions.
- Fully remote. DSC, filing and signing are done online from anywhere in Mumbai.
- One team after registration. GST, Professional Tax, current account and annual filings continue with the same team.
Top Locations We Serve in Mumbai
We register LLPs for founders across Mumbai and the wider Maharashtra region, entirely online.
South Mumbai: Nariman Point, Fort, Colaba, Churchgate, Cuffe Parade, Malabar Hill.
Central Mumbai: Lower Parel, Worli, Dadar, Parel, Byculla, Mahalaxmi.
Western suburbs: Bandra, BKC, Andheri, Goregaon, Malad, Kandivali, Borivali.
Eastern suburbs: Powai, Vikhroli, Ghatkopar, Kurla, Chembur, Mulund.
Navi Mumbai and Thane: Vashi, Belapur, Airoli, Panvel, Thane West, Ghodbunder Road.
Other cities:
- LLP Registration in Chennai
- LLP Registration in Bangalore
- LLP Registration in Delhi
- LLP Registration in Hyderabad
- LLP Registration in Pune
- LLP Registration in Kolkata
- LLP Registration in Coimbatore
- LLP Registration in Ahmedabad
Your registered office can be an owned, rented or eligible co-working address in any of these areas. Not sure which proof to use? Talk to an expert.
Frequently Asked Questions
What is the cost of LLP registration in Mumbai?
From ₹4,558 + GST with Kanakkupillai, plus government fees (₹200 name reservation, FiLLiP from ₹500, Form 3 from ₹50) and Maharashtra stamp duty on the LLP agreement.What is the stamp duty on an LLP agreement in Maharashtra?
For cash contribution: ₹500 where the contribution does not exceed ₹50,000. Above ₹50,000, 1% of the cash contribution, subject to a maximum of ₹50,000. Contribution made through property is charged under a separate rule based on market value.How long does it take to register an LLP in Mumbai?
A straightforward incorporation may take around 7–15 working days, depending on name approval, document completeness, any resubmission and MCA processing time.Can I register an LLP using a co-working space in Mumbai?
Yes, where the premises are eligible. Provide the co-working agreement, the provider's NOC and address proof for the premises as required by MCA.Can a salaried employee be a partner in a Mumbai LLP?
The LLP Act does not bar it, but check your employment contract for any restriction on outside business or conflicts of interest.Can doctors, CAs, architects or other professionals form an LLP in Mumbai?
An LLP may be available to professionals, but whether a particular professional can practise through one depends on the rules of the relevant professional regulator. Check with your council or regulator before incorporation.Do LLPs in Mumbai need GST registration?
It depends on the LLP's aggregate turnover, the nature and location of its supplies, and the compulsory registration provisions. Certain inter-state supplies, and supplies through specified e-commerce operators, can require registration regardless of the normal threshold.What happens if a Mumbai LLP does not file annual returns?
Late filing attracts additional MCA fees, which rise with the length of delay and depend on whether the LLP is a small LLP. Depending on the nature of the default, statutory penalties under the LLP Act may also apply.Is audit compulsory for an LLP in Mumbai?
Under Rule 24(8) of the LLP Rules, an LLP is not required to have its accounts audited where its turnover does not exceed ₹40 lakh or its contribution does not exceed ₹25 lakh. Accordingly, the statutory LLP audit requirement arises when both thresholds are exceeded. An LLP may also opt for a voluntary audit. Tax audit under the Income-tax Act is a separate test.Do I need to visit the ROC office in Mumbai?
Normally not. Incorporation and later LLP filings are completed online through the MCA portal, so a physical visit to the ROC office is generally not required.How much stamp duty will I pay on a ₹5 lakh cash contribution?
₹5,000, which is 1% of the cash contribution under Article 47(1)(b) of the Maharashtra Stamp Act.Can two family members form an LLP in Mumbai?
Yes. Any two individuals can be partners, and both can act as the two designated partners, provided that at least one is a resident in India under the LLP Act.Can I register an LLP in Mumbai if I live in Thane or Navi Mumbai?
Yes. The LLP needs a valid registered office address in Maharashtra with proper address proof. Where you personally live does not matter.Can I change my LLP's name after registration?
Yes, through an MCA filing (Form 5) with the partners' consent and name approval.What if MCA rejects my proposed LLP name?
You can propose a fresh name. Our team suggests backup options before filing so the delay is minimal.How is the LLP agreement stamp duty paid in Maharashtra?
Through GRAS e-challan or e-stamp, as applicable, before the partners sign the agreement.What makes Us Different
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