LLP Registration Fees: How much does an LLP cost in India?

Dec 20, 2024
LLP Registration Fees: How much does an LLP cost in India?
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Starting a business in India is an exciting journey, but it begins with one crucial decision—choosing the right business structure. For entrepreneurs, particularly those leading small and medium enterprises (SMEs), a Limited Liability Partnership (LLP) has emerged as a favoured choice.

This is due to its unique combination of the operational flexibility of a traditional partnership and the protective shield of limited liability that separates personal assets from business obligations.

An LLP is governed by the Limited Liability Partnership Act of 2008, which provides a robust legal framework and ensures a balance between flexibility and compliance. This structure is ideal for businesses looking to scale steadily while enjoying benefits like simplified compliance procedures and protection against unlimited liability.

In this blog, we’ll explain the various expenses associated with LLP registration online in India, including mandatory fees, additional charges, and professional costs.

Table of Contents

    How Much Does an LLP Cost in India?

    The cost of LLP registration in India depends on multiple factors, including government fees, professional assistance, and other associated charges. Here’s a detailed breakdown of LLP registration fees:

    1. LLP Registration Fees

    The government fees for LLP registration are based on the contribution amount:

    • For a contribution of up to ₹1 lakh: ₹500
    • For a contribution between ₹1 lakh and ₹5 lakhs: ₹2,000
    • For a contribution between ₹5 lakhs and ₹10 lakhs: ₹4,000
    • For a contribution above ₹10 lakhs: ₹5,000

    2. Digital Signature Certificate (DSC) Fees

    At least one designated partner must obtain a Digital Signature Certificate (DSC) to sign and file documents online. Depending on the certifying authority, the cost of a DSC typically ranges from ₹2,000 to ₹4,000 per partner.

    3. Professional Fees

    While registering an LLP can be done independently, most entrepreneurs prefer to consult professionals (legal advisors or company secretaries) to ensure compliance. These fees can vary widely depending on the platform.

    4. Stamp Duty Fees

    Stamp duty is state-specific and varies based on the LLP’s contribution amount and the location of its registered office. On average, stamp duty can range from ₹500 to ₹5,000.

    5. Name Reservation Fees

    Reserving a unique name for your LLP costs ₹200 per application. This step ensures your chosen name complies with MCA guidelines.

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    Other Costs Involved in Registering an LLP in India

    Apart from the mandatory registration fees, here are additional LLP registration charges to consider:

    1. LLP Agreement Drafting Charges

    Drafting the LLP agreement, which outlines the rights, duties, and profit-sharing ratios of the partners, typically costs between ₹2,000 and ₹10,000, depending on complexity and professional assistance.

    2. Notarisation Charges

    Once the LLP agreement is drafted, it needs to be notarised. The charges for notarisation depend on the contribution amount and the state in which the LLP is registered, averaging ₹500 to ₹2,000.

    3. Late Filing Penalties

    Timely filing of required forms is crucial to avoid penalties. For instance, the late filing fee for Form 3 (LLP Agreement) is ₹100 per day of delay. Budgeting for timely compliance ensures you avoid these avoidable costs.

    Professional Legal Charges Involved in Registering an LLP in India

    When setting up a business, time is of the essence, and navigating the registration process can be overwhelming, especially for first-time entrepreneurs. While the government fees for LLP registration are standardised, the professional fees for legal and compliance services can vary depending on your required scope of assistance.

    Engaging a qualified professional may feel like an added expense initially, but it can save you significant time, stress, and potential errors in the long run.

    Here’s why hiring a professional for your LLP registration is worth the investment:

    • Drafting the LLP Agreement: The LLP agreement is more than just a legal document—it’s the backbone of your business operations. It defines the roles, responsibilities, profit-sharing ratios, and decision-making processes among partners. 
    • Name Reservation Assistance: Choosing the right name for your LLP can be tricky. The Ministry of Corporate Affairs (MCA) has stringent guidelines to ensure uniqueness and avoid duplication.
    • Digital Signature Certificate (DSC): A Digital Signature Certificate (DSC) is mandatory for designated partners to sign and file documents electronically during the registration process. Professionals assist in obtaining the DSC efficiently, ensuring you meet this requirement without delays.

    At Razorpay Rize, we simplify the registration process by offering end-to-end support, covering everything from drafting agreements and obtaining DSCs to securing name reservations. 

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    Our LLP package includes:

    • Company Name Registration
    • Digital Signature Certificate (DSC) tokens
    • DSC shipping & support
    • Designated Partner’s Identification Numbers (DPIN)
    • Certificate of Incorporation(COI)
    • LLP Agreement
    • Company PAN & TAN

    With our team of experts managing the legalities, you can focus on building and growing your business confidently.

    Start your llp firm registration process today and launch your partnership with Razorpay Rize.

    Frequently Asked Questions

    LLP registration fees in India range from ₹7,000 to ₹25,000 or more, including government fees, DSC, professional assistance, and stamp duty. The exact cost depends on the contribution amount and location.

    Stamp duty varies by state and contribution amount. It generally ranges from ₹500 to ₹5,000 or 0.1%–0.2% of the total contribution, depending on state regulations.

    Mukesh Goyal
    Mukesh Goyal

    Mukesh Goyal is a startup enthusiast and problem-solver, currently leading the Rize Company Registration Charter at Razorpay, where he’s helping simplify the way early-stage founders start and scale their businesses. With a deep understanding of the regulatory and operational hurdles that startups face, Mukesh is at the forefront of building founder-first experiences within India’s growing startup ecosystem.

    An alumnus of FMS Delhi, Mukesh cracked CAT 2016 with a perfect 100 percentile- a milestone that opened new doors and laid the foundation for a career rooted in impact, scale, and community.

    Read More

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