Incorporate Your Business the Right Way
Smart Entity Selector for Founders
Starter Incorporation Pack
- Name approval & DSC/DIN
- MOA/AOA or LLP / Partnership Agreement drafting
- PAN/TAN & basic compliance kit
Growth & Investor Ready Pack
- Founders’ Agreement & cap table / profit-share support
- Basic ESOP / investor-ready documentation (where applicable)
- Virtual Legal Counsel add-on option
Included with Every Incorporation via NoLegalPaisa
✔ Name check & structure guidance
✔ Drafting & filing by Lawyers + CA + CS
✔ Compliance calendar & basic checklist
✔ WhatsApp / email support till approval
Compare Business Structures & Pick the Right One
| Feature | Private Limited Company | One Person Company (OPC) | Limited Liability Partnership (LLP) | Partnership Firm | Proprietorship Firm |
|---|---|---|---|---|---|
| Governing Act | Companies Act, 2013 | Companies Act, 2013 | LLP Act, 2008 | Indian Partnership Act, 1932 | No specific Act |
| Registration Requirement | Mandatory | Mandatory | Mandatory | Optional | Not required |
| Minimum – Maximum Members | 2 – 200 | Only 1 | 2 – Unlimited | 2 – 50 | Only 1 |
| Separate Legal Entity | Yes | Yes | Yes | No | No |
| Liability Protection | Limited | Limited | Limited | Unlimited | Unlimited |
| Statutory Audit Requirement | Mandatory | Mandatory | Conditional (based on turnover) | Not mandatory | Not mandatory |
| Transfer of Ownership | Allowed | Not Allowed | Allowed | Not Allowed | Not Allowed |
| Continuity / Perpetual Existence | Yes | Yes | Yes | No | No |
| Foreign Participation | Allowed | Not Allowed | Allowed | Not Allowed | Not Allowed |
| Tax Rates | Moderate | Moderate | Moderate | High | Low |
| Compliance Burden | High | High | Moderate | High | Low |
| Decision-Making Speed | Moderate | High | Moderate | Fast | Fast |
| Ease of Formation | Moderate (due to compliance) | Easy | Easy | Very Easy | Very Easy |
| Annual Compliance Costs | High | Moderate | Moderate | Low | Minimal |
| Management & Control | Board of Directors | Sole Director | Partners | Partners | Sole Proprietor |
| Profit-Sharing Flexibility | Based on shareholding | Not Applicable | As per LLP Agreement | As per Partnership Deed | Not Applicable |
| Risk & Liability | Low (limited to investment) | Low | Low | High (unlimited) | Very High (unlimited) |
| Dissolution Process | Complex | Moderate | Easy | Easy | Easy |
| Public Perception & Trust | High (credible & recognised) | Moderate | High (recognised) | Moderate | Low |
| Fundraising & Investment | Easy (VCs, banks, investors) | Difficult | Moderate (institutional finance possible) | Difficult | Very Difficult |
| Best Suited For | Startups, high-growth businesses | Solo entrepreneurs | Professional firms, service-based businesses | Small traditional businesses | Small traders, freelancers, local businesses |
Title
Description
This summary is for general understanding and does not constitute legal advice. Our experts recommend the right structure after reviewing your specific case.
If you are still confused about the structure, have a detailed meeting with the right professional.
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An Easy Guide to Online Incorporation Business
Frequently Asked Questions
It depends on your goals. If you plan to raise
investment or scale fast, choose a Private Limited
Company.
For solo entrepreneurs, an OPC works well; for small
professional setups, LLP is ideal.
Generally, incorporation takes 5–7 working days,
provided all documents and approvals are in order.
You’ll need PAN, Aadhaar, photographs of
directors/partners, and proof of registered office
address (like rent agreement, NOC, or utility bill).
Yes. The entire process is 100% online — you can
incorporate your business from anywhere with just
internet access.
There’s no minimum capital requirement in India. You can
start your company even with ₹1 as authorized capital.
You need an address for communication, which can be your
home, co-working space, or rented office, with a valid
NOC.
An LLP is best for small professional firms with limited
liability and fewer compliances,
while a Private Limited Company is suited for startups
seeking funding and structured growth.
Yes. Foreigners and NRIs can register an Indian
subsidiary or joint venture by complying with FEMA and
MCA regulations.
Absolutely! We assist with PAN, TAN, GST registration,
bank account opening, compliance filings, and virtual
CFO/legal support.
Because we combine legal, CA, and CS expertise under one
digital platform — giving you startup incorporation,
compliance, and advisory in one place, at transparent
prices.
Connect with us
Your vision, our expertise. Connect with us to explore possibilities. We will be happy to hear from you.
