Stamp Duty on LLP Agreement – Comparative analysis for 31 States

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The LLP agreement must be drafted by professionals to ensure accuracy. It must include all details regarding various applicable rules & regulations. Every LLP agreement must be stamped to ensure authenticity. The applicant needs to take the printout of the agreement on the non-judicial stamp paper to serve this purpose.
The agreement must be initialed on every page and full signature on the last page along with the name and date of the partners. The agreement also needs to be signed by 2 witnesses along with their full name, occupation, and address.
The stamp duty varies from state to state and depends on the capital contributed by partners. Here’s an illustrative list of applicable stamp duties depending upon state and contribution.

Capital Contribution(in Rs.)

SR. NO.

STATE NAME

UPTO RS. 1 LAKHS

BETWEEN RS. 1- 5 LAKHS

BETWEEN RS.  5-10 LAKHS

MORE THAN RS. 10 LAKHS

1.Andhra Pradesh500500500500
2.Arunachal Pradesh100100100100
3.Assam100100100100
4.Bihar2,5005,0005,0005,000
5.Chhattisgarh2,0002,000-5,0005,0005,000
6.Dadra and Nagar Haveli10002000-500050005000
7.Daman and Diu150150150150
8.Goa1,0002,000-5,0006,000-10,00010,000
9.Gujarat1,0002,000-5,0006,000-10,00010,000
10.Haryana1,0001,0001,0001,000
11.Himachal Pradesh100100100100
12.Jammu Kashmir100100100100
13.Jharkhand2,5005,0005,0005,000
14.Karnataka1000100010001000 + (500 For Every 5 Lakh Increase)
15.Kerala5,0005,0005,0005,000
16.Madhya Pradesh2,0002,000-5,0005,0005,000
17.Maharashtra1% of Capital(minimum of 500)1% of Capital1% of Capital1% of Capital(15000 Max)
18.Manipur100100100100
19.Meghalaya100100100100
20.Mizoram100100100100
21.Nagaland100100100100
22.New Delhi1,0002,000-5,0005,0005,000
23.Orissa200200200200
24.Punjab1,0001,0001,0001,000
25.Rajasthan4000 (50,000 or below: 2000)4,000 to 10,000 (2000 on multiple of Rs. 50000)10,00010,000
26.Sikkim100100100100
27.Tamil Nadu300300300300
28.Tripura100100100100
29.Uttar Pradesh750750750750
30.Uttarakhand750750750750
31.West Bengal150150150150
 
 
The stamp duty mentioned above is of illustrative nature and subject to change from time to time.
Check out our article for 10 Important Steps to be taken Immediately after Incorporation of LLP – https://udyogbuddy.com/10-important-steps-after-incorporation-of-llp/ which will give you more clarity for post-incorporation compliances for newly incorporated LLP.
At Udyog Buddy, our team of professionals will help you seamlessly Incorporate your LLP and start your dream business with hand-holding support and affordable price. Apply now and get a Quote for LLP – https://udyogbuddy.com/contact-page/