Stamp Duty on MOA

Stamp duty shall be Rs. 1000 on every Rs.5 Lakhs of amount of increase in authorised capital or part thereof subject to a maximum of Rs. 50 Lakhs of stamp duty. It means addition in the authorised capital will be charged with the stamp duty @ 0.20%

Increase in Authorised Capital From 5,00,000 to 2,00,00,000
Increase of Rs. 19500000 39000
Increase in Authorised Capital From 5,00,000 to 5,00,00,000
Increase of Rs. 49500000 99000

MOA Registration Fees

Nominal Share capital Other than OPCs and Small Companies
Fixed (A) For every 10,000 or part thereof (B)
Up to 1, 00, 000 5,000 N.A.
More than 1,00,000 up to 5,00,000 For 1,00,000 = 5,000                (+) (X/10,000)*400
More than 5,00,000 up to 10,00,000 For 5,00,000 = 21000               (+) (Y/10,000)*300
More than 10,00,000 up to 50,00,000 For 10,00,000 = 36000             (+) (Z/10,000)*300
More than 50,00,000 up to 1,00,00,000 For 50,00,000 = 1,56,000         (+) (A/10,000)*100
More than 1,00,00,000 For 1,00,00,000 = 2,06,000     (+) (B/10,000)*75

Where, 

X =  TOTAL CAPITAL- 1,00,000
Y = TOTAL CAPITAL- 5,00,000
Z = TOTAL CAPITAL- 10,00,000
A = TOTAL CAPITAL- 50,00,000
B = TOTAL CAPITAL- 1,00,00,000

Eg:-

Increase in Authorised Capital From 5,00,000 to 2,00,00,000

Cost upto First 1,00,00,000                                 2,06,000
For Next 1,00,00,000                                    75,000
Total For 2,00,00,000                                 2,81,000
Less: For 5,00,000                                    21,000
Concerned Fee                                 2,60,000

Increase in Authorised Capital From 5,00,000 to 5,00,00,000

Cost upto First 1,00,00,000                                 2,06,000
For Next 1,00,00,000                                 3,00,000
Total For 5,00,00,000                                 5,06,000
Less: For 5,00,000                                    21,000
Concerned Fee                                 4,85,000

Total Fees and Stamp Duty

Increase in Authorised Capital From 5,00,000 to 2,00,00,000  2,99,000
Increase in Authorised Capital From 5,00,000 to 5,00,00,000  5,84,000

Author Bio

Qualification: CS
Company: Nikunj Chawda
Location: Mumbai, Maharashtra, IN
Member Since: 22 May 2020 | Total Posts: 4

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