Which Business Structure is Right for You?

Answer 6 questions and get a personalized recommendation - Pvt Ltd vs LLP vs OPC vs Sole Proprietorship - with side-by-side cost comparison.

Question 1 of 6

Are you a solo founder or do you have co-founders?

Pvt Ltd vs LLP vs OPC - Which One is Best?

Choosing the right business structure impacts your tax liability, compliance cost, fundraising ability, and personal risk. There is no one-size-fits-all answer - it depends on your specific situation.

This quiz evaluates your founder count, funding plans, liability preference, compliance budget, expected turnover, and foreign investment to recommend the optimal structure with a confidence score.

Frequently Asked Questions

Which is better: Pvt Ltd or LLP for a startup?expand_more
If you plan to raise VC/angel funding, Pvt Ltd is the only choice - LLPs cannot issue shares. If you're self-funded and want lower compliance costs, LLP is excellent for professional services firms and small businesses.
Can I convert a Sole Proprietorship to Pvt Ltd later?expand_more
Yes. You can convert a proprietorship to Pvt Ltd at any time. The process takes about 15–20 days and involves incorporating a new Pvt Ltd company, transferring assets, and closing the proprietorship.
What is the annual compliance cost for each structure?expand_more
Sole Proprietorship: ₹2K–₹5K | LLP: ₹8K–₹15K | OPC: ₹12K–₹20K | Pvt Ltd: ₹15K–₹25K. These include ROC annual filings, tax returns, and basic accounting.
Can a foreign national invest in LLP?expand_more
Foreign investment in LLP requires RBI approval under the FEMA route, which is complex. Pvt Ltd with FDI under automatic route is significantly easier for foreign investors.
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Disclaimer: This tool provides indicative estimates based on publicly available government rates and rules. Actual amounts may vary based on the latest government notifications. Please confirm with our CA before acting on these figures. CorporateSaathi is not liable for any decisions made solely based on this tool's output.