LLP Agreement Stamp Duty | Consultbcc(Bangalore Consulting Company)

LLP Agreement Stamp Duty | Consultbcc

Filing of LLP Agreement with the Ministry of Corporate Affairs is the most important step in the registration of LLP. Once the LLP incorporation certificate is issued, the LLP Agreement has to be filed within 30 days. Failure to file the LLP Agreement attracts a penalty of Rs.100 per day until the date of filing.

LLP Agreement

The LLP Agreement must be duly signed by all the parties and printed on non-judicial stamp paper and notarized. The value of the stamp paper depends upon the state of incorporation of the respective state and the amount of capital contributed from the partners.

Stamp Duty on LLP Agreement

Stamp Duty payable on the LLP Agreement is different from state to state and is determined as per the State Stamp Act. The stamp duty payable on partnership agreement in view of the Finance Bill, 2009 is applicable in case of LLP. The rates are as below;

State/Capital Contribution & Stamp Duty	Less Than Rs. 1 Lakh	Rs. 1 Lakh to Rs. 5 Lakh	Rs. 5 Lakh to Rs. 10 Lakh	Rs. 10 Lakh & Above
Andhra Pradesh	500	500	500	500
Arunachal Pradesh	100	100	100	100
Assam	100	100	100	100
Bihar	2500	5000	5000	5000
Chhattisgarh	2000	2000-5000	5000	5000
Goa	150	150	150	150
Gujarat	1000	2000-5000	6000-10000	10000
Haryana	1000	1000	1000	1000
Himachal Pradesh	100	100	100	100
Jammu Kashmir	100	100	100	100
Jharkhand	2500	5000	5000	5000
Karnataka	2500	2000	2000	2000
Kerala	5000	5000	5000	5000
Madhya Pradesh	2000	2000-5000	5000	5000
Maharashtra	1000	2000-5000	5000	5000
Manipur	100	100	100	100
Meghalaya	100	100	100	100
Mizoram	100	100	100	100
Nagaland	100	100	100	100
New Delhi	1000	2000-5000	5000	5000
Orissa	200	200	200	200
Punjab	1000	1000	1000	1000
Rajasthan	500	500	500	500
Sikkim	100	100	100	100
Tamil Nadu	300	300	300	300
Tripura	100	100	100	100
Uttar Pradesh	750	750	750	750
Uttarakhand	750	750	750	750
West Bengal	150	150	150	150
Dadra and Nagar Haveli	1000	2000-5000	6000-10000	10000
Daman and Diu	150	150	150	150