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Cost for LLP Registration in Mumbai: 2025 Guide

Limited Liability Partnership (LLP) has become a preferred choice for many entrepreneurs in Mumbai due to its flexibility and protection from personal liabilities. If you're considering registering an LLP, understanding the cost for LLP registration in Mumbai is crucial to ensure you're prepared financially. This guide provides a comprehensive breakdown of the fees and costs involved in the registration process.

What Is an LLP?

An LLP is a hybrid business structure that combines the features of a partnership and a limited liability company. It offers the flexibility of a partnership with the benefit of limited liability, which means the partners are not personally liable for the business’s debts. This structure is beneficial for small businesses, professionals, and startups.

Cost for LLP Registration in Mumbai: A Detailed Breakdown

When considering the cost for LLP registration in Mumbai, several factors need to be taken into account. Below is a detailed overview of the key costs involved in registering your LLP:

1. Government Registration Fees

The government charges registration fees based on the total capital contribution of the LLP. The fees for LLP registration in Mumbai are as follows:

For a contribution of up to ₹1,00,000, the fee is ₹500.

For a contribution between ₹1,00,000 and ₹5,00,000, the fee is ₹2,000.

For a contribution between ₹5,00,000 and ₹10,00,000, the fee is ₹4,000.

For a contribution over ₹10,00,000, the fee is ₹5,000.

These fees are paid directly to the Ministry of Corporate Affairs (MCA) during the registration process.

2. Digital Signature Certificates (DSC)

Each designated partner in the LLP is required to have a Digital Signature Certificate (DSC) to sign documents electronically. The cost for DSC typically ranges from ₹1,000 to ₹2,000 per partner. As this is a mandatory requirement, you will need to factor this into your budget when planning the cost for LLP registration in Mumbai.

3. Designated Partner Identification Number (DPIN)

Every partner in the LLP must obtain a Designated Partner Identification Number (DPIN). The cost for DPIN is approximately ₹100 per partner, making this a relatively low-cost requirement in the registration process.

4. Drafting the LLP Agreement

The LLP agreement is a legal document that outlines the structure, duties, rights, and profit-sharing ratio among the partners. The cost for drafting and notarizing the LLP agreement varies depending on the complexity of the agreement and the legal services used. Generally, the cost for drafting and notarization can range from ₹2,000 to ₹5,000.

5. Professional Fees

To streamline the process and ensure compliance, many entrepreneurs opt to hire professionals, such as company secretaries, chartered accountants, or lawyers, for the registration process. The professional fees typically range from ₹5,000 to ₹15,000 depending on the service provider and the scope of services.

6. Name Reservation

The process of reserving the name for your LLP costs around ₹1,000 to ₹2,000. It’s important to ensure that the name is unique and adheres to the guidelines set by the Ministry of Corporate Affairs (MCA).

7. Registered Office Address

While there is not an additional fee for registration itself, every LLP must have a registered office address in India. If you don’t have a physical office, you can opt for a virtual office service that provides an address for a nominal fee, typically between ₹1,500 and ₹5,000 per year.

8. Notarization Fees

Notarizing the LLP agreement is an additional step required in the registration process. The notarization charges typically range from ₹500 to ₹1,500, depending on the location and the complexity of the agreement.

The Process of LLP Registration Online in Mumbai

The LLP registration online in Mumbai is a convenient and efficient method. Below is a step-by-step process to register your LLP:

Step 1: Obtain Digital Signature Certificates (DSC)

Each designated partner needs to obtain a DSC to sign the registration documents online.

Step 2: Apply for DPIN

Each partner must apply for a Designated Partner Identification Number (DPIN).

Step 3: Name Reservation

The next step is to reserve your LLP’s name through the Ministry of Corporate Affairs (MCA) portal.

Step 4: Submit Incorporation Documents

Once the name is reserved, the next step is to submit the incorporation documents and the LLP agreement online.

Step 5: Receive Certificate of Incorporation

Upon successful submission and approval, the Registrar of Companies (ROC) will issue the Certificate of Incorporation, officially registering your LLP.

Sample Breakdown of Cost for LLP Registration in Mumbai

Item Estimated Cost (₹)

Government Fees ₹500 – ₹5,000

DSCs (2 partners) ₹2,000 – ₹4,000

DPIN (2 partners) ₹200

LLP Agreement Drafting & Notarization ₹2,000–₹5,000

Professional Fees ₹5,000 – ₹15,000

Total Estimated Cost ₹9,700 – ₹29,200

Conclusion

The cost for LLP registration in Mumbai can vary depending on several factors such as capital contribution, professional services, and government fees. It is important to consider these costs carefully to ensure you have a clear financial plan in place. By opting for LLP registration online in Mumbai, you can simplify the process and complete it quickly and efficiently.

When you're ready to begin the process, keep in mind that hiring professional services can make the entire experience smoother and more straightforward. Whether you’re launching a new business or transforming your existing structure, understanding these costs is key to a successful LLP registration.

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