Quick Answer
Company registration in Mumbai costs a professional fee from Rs 8,999 + 18% GST, with MCA fees (nil up to Rs 15 lakh authorised capital), Maharashtra stamp duty (Rs 1,400 for Rs 1 lakh capital) and DSC at actuals. The SPICe+ filing with ROC Mumbai takes 7–12 working days; Shop and Establishment (Gumasta) and professional tax (PTEC/PTRC) registrations follow incorporation.
Mumbai is India’s financial capital and the headquarters of the Reserve Bank of India, SEBI, BSE, NSE and major banking institutions. For businesses in financial services, media, entertainment, shipping, textiles and real estate, a Mumbai-registered company provides strategic advantages:
Virtual Auditor maintains a physical presence in Mumbai at Workafella, Goregaon West, to serve clients who prefer in-person consultations for incorporation and compliance matters.
Every proposed director requires a Class 3 DSC. We procure DSCs within 1-2 working days. The DSC is registered on the MCA portal and linked to the director’s PAN.
We file the RUN (Reserve Unique Name) application on the MCA portal. Two name options can be proposed per application. MCA typically approves or rejects the name within 2-3 working days. We check name availability and trademark conflicts before filing to minimise rejection risk.
The Memorandum of Association and Articles of Association are drafted based on the business objectives, capital structure and governance requirements. For Mumbai-registered companies, the registered office clause states “Maharashtra” as the state. Our detailed guide on MOA and AOA drafting covers this process comprehensively.
The SPICe+ form is the integrated incorporation form that combines:
Stamp duty on the MOA and AOA is payable to the Government of Maharashtra through the e-stamping mechanism integrated into the MCA filing system. Maharashtra stamp duty rates are discussed in detail below.
ROC Mumbai processes the SPICe+ application and, upon satisfaction, issues the Certificate of Incorporation containing the CIN (Corporate Identity Number), PAN and TAN. The certificate is issued electronically with the digital signature of the Registrar.
Stamp duty on the incorporation documents is a State levy, collected by MCA along with the SPICe+ filing at the rate of the State in which the registered office is situated. For Maharashtra the schedule applied is: Articles of Association — 0.3% of the authorised share capital, subject to a maximum of Rs 1 crore (Article 10, Maharashtra Stamp Act, 1958, as amended by the Maharashtra Stamp (Amendment) Ordinance, 2024 with effect from 14 October 2024; earlier 0.2% with a Rs 50 lakh cap); Memorandum of Association — Rs 1,000 when filed with the Articles (Article 39); SPICe+ form — Rs 100. Worked totals:
| Authorised capital | MOA | AOA | SPICe+ form | Total State stamp duty |
|---|---|---|---|---|
| Rs 1 lakh | Rs 1,000 | Rs 300 | Rs 100 | Rs 1,400 |
| Rs 5 lakh | Rs 1,000 | Rs 1,500 | Rs 100 | Rs 2,600 |
| Rs 10 lakh | Rs 1,000 | Rs 3,000 | Rs 100 | Rs 4,100 |
| Rs 25 lakh | Rs 1,000 | Rs 7,500 | Rs 100 | Rs 8,600 |
| Rs 1 crore | Rs 1,000 | Rs 30,000 | Rs 100 | Rs 31,100 |
Note: MCA computes the duty at filing from the authorised capital entered in SPICe+ Part B; the figures above are the schedule rates, not a quotation. The same 0.3% applies again on every later increase of authorised capital (Form SH-7), so the authorised capital should be set with the next funding round in mind. For comparison, Karnataka has charged Rs 5,000 on the MOA and Rs 5,000 for every Rs 10 lakh of capital on the AOA since 3 February 2024 — about Rs 10,000 for a Rs 1 lakh company — so for a small company Maharashtra is cheaper than Karnataka; the 0.3% rate bites at large authorised capital.
We advise Mumbai-based clients to plan their authorised capital carefully, considering both immediate needs and stamp duty implications. Keeping the authorised capital at Rs 1 lakh saves on stamp duty but may necessitate a capital increase (with additional stamp duty and ROC fees) during a funding round.
Every company with a place of business in Mumbai must register under the Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017. This is commonly referred to as the “Shop Act licence” or “Gumasta licence.”
Registered establishments must comply with provisions regarding working hours (not exceeding 9 hours per day), weekly holidays, annual leave, overtime payment, maintenance of registers and records, and employment conditions for women and young persons. Non-compliance attracts penalties under the Act.
Maharashtra levies professional tax on both employers and employees under the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975.
Every company that employs persons in Maharashtra must obtain a PTRC and deduct professional tax from employee salaries. The maximum professional tax deduction is Rs 2,500 per annum per employee (Rs 200 per month for employees earning above Rs 10,000 per month, with the February deduction being Rs 300).
The company itself, as an entity, must obtain a PTEC and pay professional tax of Rs 2,500 per annum. Directors of the company who are based in Maharashtra must also individually enrol and pay professional tax.
PTRC returns are filed monthly (for employers with more than 20 employees) or annually. The registration is obtained from the Maharashtra GST Department (which administers professional tax along with state GST).
Company registration in Mumbai costs a professional fee from Rs 8,999 + 18% GST. Government fees and other charges are extra at actuals:
| Component | 2026 cost |
|---|---|
| Professional fee (Virtual Auditor) | From Rs 8,999 + 18% GST |
| MCA filing fee (SPICe+ Part B) | Nil for authorised capital up to Rs 15 lakh; above that as per the Companies (Registration Offices and Fees) Rules, 2014 |
| Name reservation (SPICe+ Part A) | Rs 1,000 if reserved separately; no separate fee when applied with incorporation |
| Maharashtra stamp duty on MOA, AOA and SPICe+ | Rs 1,400 for Rs 1 lakh authorised capital, Rs 4,100 for Rs 10 lakh (table above); computed by MCA at filing |
| DSC (per director) | At actuals — Certifying Authority and token charges, from Rs 2,000 each |
| PAN, TAN, EPFO, ESIC and GST (optional) | Applied through SPICe+ and AGILE-PRO-S; no additional MCA fee |
| Shop and Establishment (Gumasta) registration | Maharashtra fee by number of employees, at actuals |
| Professional tax | PTEC Rs 2,500 per year for the company; PTRC on employee salaries as per the Maharashtra schedule |
| Total | Professional fee plus the statutory costs above at actuals; no hidden charges |
Our private limited company registration package for Mumbai covers DIN, name approval, MOA/AOA drafting, SPICe+ filing, PAN, TAN and GST registration assistance; we procure the DSCs for the directors and bill the Certifying Authority and token charges at cost.
After receiving the Certificate of Incorporation, Mumbai-registered companies must complete the following within prescribed timelines:
Our company secretary services team manages all post-incorporation compliance for Mumbai-registered companies.
The Registrar of Companies, Mumbai, operates under the Ministry of Corporate Affairs and has jurisdiction over companies registered in Mumbai City, Mumbai Suburban, Thane, Palghar and Raigad districts. All filings are electronic through the MCA V3 portal. Physical submissions are not accepted for most forms.
Companies in Pune, Nashik, Nagpur and other Maharashtra districts fall under the jurisdiction of ROC Pune or ROC Nagpur respectively.
The entire process — from DSC procurement to receiving the Certificate of Incorporation — takes 7-12 working days. Name approval takes 2-3 days, SPICe+ processing takes 3-5 days, and DSC procurement runs in parallel. Shop Act and Professional Tax registrations take an additional 5-7 working days after incorporation.
Not for a small company. Maharashtra charges Rs 1,000 on the MOA, 0.3% of the authorised capital on the AOA (maximum Rs 1 crore, rate in force from 14 October 2024) and Rs 100 on the SPICe+ form, so a company with Rs 1 lakh capital pays Rs 1,400 and one with Rs 10 lakh Rs 4,100. Karnataka has charged about Rs 10,000 on a Rs 1 lakh company since February 2024. The Maharashtra rate becomes significant at large authorised capital: Rs 1 crore attracts Rs 31,100.
Yes. You can register a company with its registered office in Mumbai regardless of where the directors reside. However, you must have a valid registered office address in Mumbai — a rent agreement or ownership document for the premises is required. Virtual Auditor can assist with virtual office arrangements for the registered office address.
The Gumasta licence is the common term for the Shop and Establishment Act registration in Maharashtra. It is mandatory for every establishment (office, shop, commercial premises) operating in Mumbai. The registration must be obtained within 60 days of commencement of business. Failure to register attracts penalties under the Maharashtra Shops and Establishments Act, 2017.
GST registration is state-specific. If your company is registered in Mumbai and operates from Mumbai, you need a Maharashtra GSTIN. If you also have business operations in other states, you need separate GST registrations in those states. The SPICe+ form allows you to apply for GST registration in the state of incorporation simultaneously with company incorporation.
Annual compliances include filing the annual return (Form MGT-7/MGT-7A) and financial statements (Form AOC-4) with ROC Mumbai, holding an Annual General Meeting, filing income tax returns, filing GST returns (monthly/quarterly/annually), filing Professional Tax returns, and maintaining statutory registers and minutes books. Non-compliance attracts penalties and can lead to the company being struck off by the ROC.
Yes, but it requires a special resolution by shareholders, application to the Regional Director (Western Region) for confirmation and filing with both the existing ROC (Mumbai) and the new ROC. The process takes 2-3 months. Shifting within Maharashtra (for example, from Mumbai to Pune) is simpler and requires only a special resolution and ROC filing.
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