Start a business

Register a private limited company, an LLP or a one person company. Each service page explains eligibility, documents, the process and how fees are worked out.

Company, LLP or one person company?

Two questions give you a starting point. The right choice depends on your plans, so we go through it with you on the call.

Who will own the business?
Will you raise money from investors in return for a share of the business?

Answer both questions to see a suggested starting point. We confirm the right structure with you on the call.

How they compare

Private limited company, LLP and one person company compared
TopicPrivate limited companyLimited liability partnership (LLP)One person company (OPC)
Owners2 to 200 shareholders2 or more partners, no upper limit1 member, plus a nominee
Run byAt least 2 directorsAt least 2 designated partnersAt least 1 director
Living in IndiaOne director in India for 182+ days a yearOne designated partner in India for 120+ days a yearOne director in India for 182+ days a year; the member must be an Indian citizen
Owners’ liabilityLimited to any unpaid share capitalLimited to the agreed contributionLimited to any unpaid share capital
Bringing in investorsCan issue shares to investorsNo shares; investors join as partnersOne shareholder only; converts to a private limited company first
Yearly auditRequired every yearOnly above ₹40 lakh turnover or ₹25 lakh contributionRequired every year
Yearly Registrar filingsFinancial statements and annual return, after an annual general meetingStatement of account (Form 8) and annual return (Form 11)Financial statements and annual return; no annual general meeting

Based on the Companies Act, 2013 and the LLP Act, 2008 as amended. Tax treatment also differs between companies and LLPs; we explain what it means for you on the call.