LLP Agreement Stamp Duty State Wise

The filing of the LLP agreement with the Ministry of Corporate Affairs is the final step in registering a limited liability partnership. After 30 days of acquiring the LLP incorporation certificate, the LLP agreement, duly signed by the LLP’s partners, must be filed. The penalty for failing to file an LLP agreement is Rs.100 per day, with no maximum. After incorporation, it is crucial to promptly develop and file the LLP agreement.

LLP Agreement

The LLP Agreement must be printed on paper without a judicial stamp. After printed on stamp paper, the document must be signed and notarized by the Partners of the LLP. The value of the stamp paper on which the LLP agreement must be printed or the stamp duty that must be paid on the LLP agreement depends on the state of incorporation and the amount of the partners’ capital contributions.

Tax on the LLP Agreement

According to the State Stamp Act, the Stamp Duty payable on an LLP Agreement varies per state. In accordance with the Finance Law of 2009, the stamp duty applicable to partnership agreements is also applicable to limited liability partnerships (LLP).

The following are the LLP agreement stamp duties due for various Indian states:

STATELess than Rs.1 LakhRs. 1 Lakh to Rs. 5 LakhRs. 5 Lakh to Rs. 10 LakhRs. 10 Lakh & Above
Andhra Pradesh500500500500
Arunachal Pradesh100100100100
Chhattisgarh20002000 – 500050005000
Gujarat10002000 – 50006000 – 1000010000
Himachal Pradesh100100100100
Jammu Kashmir100100100100
Karnataka1000100010001000 + (500 For Every 5 Lakh Increase)
Madhya Pradesh20002000 – 500050005000
Maharashtra1% of Capital(minimum of 500)% of Capital% of Capital1% of Capital(15000 Max)
New Delhi1% of Capital1% of Capital1% of Capital (Max: 5000)1% of Capital (Max: 5000)
Rajasthan4000 (Min of 2000)2000 on every
50000 multiple,
max of 10,000
Tamil Nadu300300300300
Uttar Pradesh750750750750
West Bengal150150150150
Dadra and Nagar Haveli10002000 – 50006000 – 1000010000
Daman and Diu150150150150

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