Private Limited vs LLP vs OPC
The main differences at a glance. Your exact facts decide, so confirm with an expert before you register.
Draft: this page has not yet been reviewed by a qualified professional. Treat it as a starting point and confirm with an expert.
| Private Limited | LLP | One Person Company | |
|---|---|---|---|
| Law it is set up under | Companies Act, 2013 (MCA) | LLP Act, 2008 (MCA) | Companies Act, 2013 (MCA) |
| People needed to start | 2 directors and 2 shareholders (can be the same people) | 2 partners, of whom 2 are designated partners | 1 person as director and member, plus a nominee |
| Separate legal entity | Yes | Yes | Yes |
| Owners' liability | Limited to unpaid share value | Limited to agreed contribution | Limited to unpaid share value |
| Raising equity investment | Most suitable; can issue shares | Generally not suited to share-based funding | Limited; usually converted to a private company first |
| Compliance load | Higher: board meetings, annual filings, audit | Moderate: annual filings; audit depends on size | Moderate to higher: annual filings and audit |
| Foreign ownership | Allowed, subject to FEMA and sector rules | Allowed, subject to FEMA and sector rules | Founder must be a resident Indian citizen |
General information, not legal advice. Thresholds and rules change; we confirm current requirements before filing.
Most searched services
- Private Limited Company Registration
- LLP Registration
- Startup India Registration
- MSME / Udyam Registration
- GST Registration
- GST Return Filing – GSTR-3B
- MCA Annual / ROC Compliance
- ITR Filing – Business / Profession
- Trademark 360 Package
- FSSAI Basic Registration
- IEC Registration
- GST Notice Reply
Find your service · Compare business structures · Compliance calendar · Sitemap
UrbanFiling is a private professional services firm and is not affiliated with any government department or portal. Our fee is for our professional service; government fees, where they apply, are separate and paid at actuals.