Private Limited Company Registration in Mumbai
Incorporating in Mumbai places your company with the Registrar of Companies, Mumbai on Marine Drive and, more importantly, into Maharashtra's compliance framework: ad-valorem stamp duty on the Articles at incorporation, and PTEC/PTRC professional-tax registrations immediately after. Investors and lenders in the city are the most document-literate in the country — a cleanly incorporated private limited company is the baseline they expect.
Timeline: 7–14 working days, subject to MCA name approval and processing
What is specific to Mumbai
- Stamp duty in Maharashtra
- Maharashtra stamps the Articles of Association ad valorem — ₹1,000 for every ₹5 lakh of authorised capital or part of it, subject to a monetary cap — which makes it one of the costlier states to incorporate in at higher authorised capitals. Keeping the initial authorised capital modest keeps this duty down; it is always charged at actuals.
- Your Registrar of Companies
- Registrar of Companies, Mumbai — Everest Building, 100 Marine Drive, Mumbai
- Professional tax in Maharashtra
- Maharashtra requires two professional-tax registrations: PTEC (the company's own enrolment, ₹2,500 a year) and PTRC (to deduct PT from employee salaries — ₹200 a month per eligible employee, ₹300 in February). Both are usually taken immediately after incorporation; women earning below the notified threshold are exempt.
- Shops & Establishments registration
- Under the Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017, establishments with ten or more workers must register, and smaller ones submit an intimation — done online, and routinely asked for by banks in Mumbai when opening a current account.
Doing business in Mumbai
Mumbai is the country's financial capital, and that shapes what young businesses need from day one: banks, NBFCs and larger corporates here run vendor onboarding with real KYC teams that check the certificate of incorporation, GSTIN, PTEC/PTRC and Shops Act registration before releasing a purchase order. Having the full registration stack ready is what gets you onto those vendor lists.
The city's commercial geography runs from the traditional trading wards of Masjid Bunder and Crawford Market to corporate BKC and the media-and-tech belt of Andheri and Powai. Office rents being what they are, many founders incorporate at co-working or consultant-provided registered offices — which is fine legally, as long as the NOC and utility bill trail for the registered office is clean.
Maharashtra's compliance layer is heavier than most states — ad-valorem stamp duty, the PTEC/PTRC pair, and an active State GST department — but it is also predictable: the portals work, the practitioner ecosystem is deep, and every obligation has a well-worn process. Budget for the state layer at setup and it will not surprise you later.
About the service
A Private Limited Company is the structure investors, lenders and larger customers expect: it gives the business its own legal identity, limits each shareholder's liability to their shareholding, and makes it possible to issue shares and ESOPs later. Incorporation runs through the MCA's SPICe+ system, which combines name reservation (Part A) with the incorporation filing itself (Part B), including PAN and TAN allotment.
ClearTLC manages the whole sequence for you. We collect KYC for both directors, obtain two Class-3 digital signature certificates and two DINs, draft the Memorandum and Articles of Association around your stated business objects, and file SPICe+ with the Registrar of Companies through a practising CA/CS partner who certifies the forms. You track every stage — documents, review, filing, approval — live in your ClearTLC dashboard.
On approval you receive the Certificate of Incorporation with the company's CIN, PAN and TAN. We also flag the statutory clocks that start on day one, such as appointing the first auditor within 30 days and filing the declaration of commencement of business (INC-20A) within 180 days, so your new company starts compliant and stays that way.
Documents required
- PAN card of both directors
- Aadhaar card of both directors
- Passport-size photo of both directors
- Bank statement or utility bill of each director (address proof, not older than 2 months)
- Latest utility bill of the registered office premises
- Rent agreement or owner's NOC for the registered office
- Proposed company names (2 preferences) and business objects
GST & invoicing: Invoiced under SAC 998216 (other legal services) with 18% GST on the professional fee. Government fees are collected at actuals as a pure reimbursement.
Questions about private limited company registration in Mumbai?
An expert will call you back during business hours — the fee is always confirmed in writing before work begins.