LLP Registration in Mumbai

Published On: Dec 30, 2022Last Updated: Dec 31, 20225.3 min read

Mumbai, also known as the city of dreams, is not only the capital of Maharashtra, but also the financial capital of India. With a heavy influx of trade and business, Mumbai is one of the best locations to start a business in India. Starting a Limited Liability Partnership in Mumbai is a great choice. A Limited Liability Partnership firm is a type of business structure that enjoys limited liability like companies and has the simplicity of Partnership firms. To start an LLP you have to file for  LLP registration with the MCA (Ministry of Corporate Affairs). All Limited Liability Partnerships are governed by the Limited Liability Partnership Act which came out in 2008.

Why you should go for new LLP registration

  • LLPs have a separate legal identity akin to companies. Because of this, the partners are not personally liable for the LLP’s actions. The liability of each partner is limited beforehand based on their contribution to the Limited Liability Partnership.
  • LLPs have very few compliance requirements. Because of this LLP compliance is also very cost-effective.
  • LLPs do not have any minimum capital contribution. However, every Limited Liability Partnership partner does have to bring something to the table, be it capital contribution or skills. 

Basic Requirements for new LLP Registration in Mumbai

  • Firstly, every LLP requires a minimum of 2 partners for incorporation
  • Secondly, at least one of the Partners needs to be a citizen of India and residing in India.
  • Thirdly, no minimum capital is required to start an LLP,  but every partner must contribute something to the Limited Liability Partnership, be it monetary or non-monetary.
  • Finally, partners also have to apply for DIN (Director identification number) or DPIN (designated partnership identification number)

Important Documents for new LLP Registration in Mumbai

For Limited Liability Partnership registration you have to provide the following documents:

  • Copies of the to-be partners PAN Cards
  • Identity proof of copies of the to-be partners (Aadhar Card, Passport, Driving License, etc)
  • Copies of the to-be partners address proof (Electricity bill, water bill or any other utility bill)
  • Proof of address of the Registered Office (Utility Bills)
  • NOC (No Object Certificate) from the owner of the property if the registered office is on rent
  • A copy of the Rental Agreement if the registered office is on rent
  • DSC (Digital Signature Certificate) of at least two partners

You can easily apply for new LLP registration online by using legal services providers such as The services provided by make the whole registration process seamless. LLP registration generally takes 15-18 days (depending on MCA approval).

Procedure for LLP Registration online

  1. The first step is to apply for DIN or DPIN. At Least two partners need to apply for this as a minimum of two directors are needed for LLP registration.
  2. The second step is to apply for DSC. Once again at least two Partners need to apply for this for LLP registration. 
  3. After this, you have to apply for a name reservation for a Limited Liability Partnership. You can do this by using the RUN service which is available on the MCA (Ministry of Corporate Affairs) website. 
  4. After all of that, you can apply for Limited Liability Partnership incorporation via the e-form FiLLiP available on the MCA website. In this, you need to state the details of your partners, and registrar’s office. After the whole process is done, you receive your incorporation certificate. 
  5. Finally, you need to draft and submit your Limited Liability Partnership agreement within 30 days of incorporation. 

Cost of LLP registration

Business Package Starting from INR 8,699

  • All expenses & Government fee
  • 2 Class III Digital Signatures (DSC )
  • Name Application under RUN LLP
  • Certificate of Incorporation
  • PAN Number & TAN Number
  • LLP Identification Number
  • 2 Director Identification Numbers (DIN)
  • DSC & DIN for additional partners at extra cost
  • LLP Deed Drafting along with franking

Executive Package Starting from INR 10,999

  • All inclusions of the Business Package
  • One additional Name Application under RUN LLP
  • GST Registration Application
  • MSME Registration
  • Draft of Bank Account Opening Resolution
  • Draft of Employment contract & NDA
  • Draft of Employment & Appointment Letter
  • Draft of Website Policy
  • Draft of Disclaimer Policy

Premium Package Starting from INR 29,999

  • All Inclusions from the Executive Package
  • All expenses and Government fee
  • DSC & DIN additional partners at extra cost
  • Accounting up to 250 entries in the entire FY
  • Annual Compliance filing with MCA for a year
  • All ITR filing for the first year
  • GST return (up to 100 invoices per month) for 12 months
  • DIR-3 KYC for 2 DIN holders

Compliances for LLP registered in Mumbai

After registering a new Limited Liability Partnership in Mumbai, you have to fulfil the following compliance requirements:

  • The first thing, as mentioned before, is for you to file the Partnership Agreement with the MCA. 
  • After that, you need to apply for PAN and TAN numbers for your LLP.
  • Next, you must open a bank account in the name of your new Limited Liability Partnership.

As for LLP’s annual compliances, there are very few requirements. They are as follows:

  • You have to file form 8 for Statement of Account and Solvency
  • You need to file form 11 for Limited Liability Partnership annual returns
  • Finally, you have to file ITR form 5 for Income Tax Returns

Frequently Asked Questions

Yes, you can register on the MCA (Ministry of Corporate Affairs) and apply for LLP registration yourself. However, keep in mind that certain aspects of LLP registration are quite technical, hence it’s best to take the help of experts while registering a new LLP.

Any person or organisation can register an LLP in Mumbai. Every LLP needs a minimum of two partners and at least one of the partners must be a citizen of India and reside in India. As long as you have those requirements taken care of, you’re good to go. 

Not every Limited Liability Partnership needs to file for GST registration. Only firms that have a yearly turnover of more than INR 20 lakhs need to file for GST registration. If the partnership firm deals with goods, in that case, they only have to file for GST registration if they have a turnover of over 40 lakhs. 

Every LLP needs to mandatorily file ITR every year. It’s one of the three annual compliance requirements that an LLP has. Not filing ITR can carry hefty penalties.

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Monjima Ghosh
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Monjima Ghosh

Monjima is a lawyer and a professional content writer at She has a keen interest in Legal technology & Legal design, and believes that content makes the world go round.

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