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The Classic Partners LLP · Bookkeeping & Accounting

Outsourced Accounting (Mumbai)

Books, returns and filings for businesses across Mumbai and the wider metropolitan region — including the state registrations that only apply here.

Quick answer

Outsourced accounting for a Mumbai business covers the same monthly close and returns as anywhere in India, plus a layer of state and city obligations that catch out businesses relocating in: professional tax under the Maharashtra Act, which needs both a PTEC and a PTRC registration, registration under the Maharashtra Shops and Establishments Act, filings with the Registrar of Companies at Mumbai, and, for public trusts, submissions to the Charity Commissioner.

What we cover

What our Mumbai accounting service covers

The national compliance calendar plus the Maharashtra layer.

  • Monthly bookkeeping, reconciliation and close
  • GST returns across one or more Maharashtra registrations
  • Professional tax under PTEC and PTRC, with monthly or annual returns
  • Registration and renewals under the Maharashtra Shops and Establishments Act
  • Payroll with PF, ESIC and Maharashtra labour welfare fund
  • ROC filings through the Mumbai Registrar and, for trusts, Charity Commissioner submissions
Key components

What differs for a Mumbai entity

The state layer sits on top of everything else.

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Monthly close

Bookkeeping, reconciliation and a reviewed trial balance on a fixed date, the same as any outsourced accounting engagement.

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Maharashtra registrations

Professional tax through both PTEC and PTRC, and Shops and Establishment registration for the establishment itself.

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ROC Mumbai

Annual and event-based company filings routed through the Registrar of Companies having jurisdiction over Maharashtra.

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Local coordination

Physical documentation, notarisation and departmental follow-up handled locally where a filing needs it.

How we work

Our process

Onboarding a Mumbai entity.

1

Onboarding

Reviewing the current books, registrations and pending filings for the entity.

2

Registration review

Confirming which Maharashtra registrations apply and correcting any that are missing or lapsed.

3

Monthly cycle

Close, GST, TDS, professional tax and payroll on a fixed calendar.

4

Annual filings

Income tax, audit coordination and ROC filings, with trust submissions where applicable.

Why choose us

Where Mumbai businesses commonly slip

What sets our approach apart.

Professional tax is two registrations

PTEC covers the entity's own liability and PTRC covers deduction from employees' salaries; businesses frequently hold one and not the other.

State registrations lapse quietly

Shops and Establishment registration and its renewals attract no reminder, and the gap usually surfaces during an inspection or a licence application.

Relocating businesses carry old registrations

Entities moving into Maharashtra often keep filing under their previous state's registrations long after the establishment has actually moved.

FAQs

Outsourced Accounting (Mumbai) questions answered

What people ask before engaging us.

Businesses across Mumbai and the wider metropolitan region, including the island city, the western and central suburbs, Navi Mumbai and Thane. Routine work is handled electronically, and local attendance is arranged where a filing or a department requires it.
In most cases yes. PTEC is the enrolment certificate covering the entity's or professional's own professional tax liability, while PTRC is the registration certificate required to deduct professional tax from employees' salaries and pay it over. A business with employees generally needs both.
Establishments in Maharashtra are covered by the Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017, with registration or intimation requirements depending on the number of workers employed. The applicable route and any renewal obligation should be checked against your headcount.
Yes. Trust work covers audited accounts in the prescribed schedules, the contribution under Section 58, change reports under Section 22 and other submissions to the Charity Commissioner, alongside the trust's income tax filings.

Setting up or relocating in Mumbai?

We will check which Maharashtra registrations your business actually needs before anything is filed.

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