One of the most important decisions faced while starting a business is the choice of the structure of the organisation. Here are some of the types of organisation structures used in India –

  • Private Limited Company
  • One Person Company (OPC)
  • Limited Liability Partnership
  • Partnership Firm
  • Proprietorship
Multiple Options

The organisational structure selected will be of utmost importance throughout its existence. It will not only affect the mode & ability of raising fresh capital but also the amount of taxes that are required to be paid, the books of account required to be kept, the annual compliances as well as the liability of the its members.

To help you understand the difference and similarities between different types of organisational structures, we’ve made a summary below –

Comparision of Organisation Structures


Prices

&

Features

Limited Liability

Separate Legal Entity

Annual Compliance

Maximum Number of Members

Foreign Investment Possible

PRIVATE LIMITED COMPANY

Rs.

9,999/-

(All inclusive)

Maximum

200

Yes

LLP

(LIMITED LIABILITY PARTNERSHIP)

rS.

7,499/-

(All inclusive)

Moderate

100

Yes [Approvals required]

OPC

(ONE PERSON COMPANY)

rS.

9,999/-

(All inclusive)

Moderate

1

No

Partnership

rS.

4,499/-

(All inclusive)


Low

100

No

Proprietorship

rS.

1,499/-

(All inclusive)


Minimum

1

No

Still confused on which organisational structure would suit you and your business idea, Contact us now and we’ll further guide you by understanding your requirements.