TaxClue

Ask Veda

TaxClue AI · Active
Namaste! I'm Veda — TaxClue's AI compliance assistant. 🙏

Ask me anything about GST, ITR, Company registration, Trademark, FSSAI or any compliance topic. When you're ready, I'll connect you with our expert for a free callback.
Share your details — our expert will call you
Powered by TaxClue · India's Trusted Compliance Platform
Free Advisor · 8 Questions · Live Result

Business Structure Advisor

Answer the questions below and watch your recommendation — Sole Proprietorship, LLP, OPC, or Pvt Ltd — update live, with full cost and compliance breakdown.

🎯 What is the primary purpose of your business?
This shapes your entity structure from the start
👥 How many co-founders or partners?
Minimum persons required varies by structure
🚀 What is your funding plan?
Funding source dramatically impacts structure choice
📈 Expected revenue in Year 1?
Helps match GST threshold & compliance load
🛡 How important is limiting personal liability?
Liability protection separates personal assets from business risk
🧑‍🤝‍🧑 Do you plan to hire employees?
Affects PF/ESI registration obligations
🌍 International operations or exports planned?
Foreign clients, FDI, or export of goods/services
📋 How much compliance can you handle?
Be honest — compliance burden is a real ongoing cost

Your recommended structure

Compliance Requirements

Estimated Registration Cost

◆ Free Expert Review

Get a Free CA Consultation

We'll review your result and help you register the right structure from Day 1.

✓ We'll contact you shortly!

Disclaimer: This tool provides general guidance only. Final structure choice should be made with a qualified CA considering your specific legal, tax, and commercial requirements.

The five structures compared

Every Indian business starts with one of these five legal forms. They differ on how many people you need, whether your personal assets are protected, how much you pay in tax, and how heavy the ongoing compliance is. Here is the side-by-side.

Sole ProprietorshipPartnershipLLPOPCPvt Ltd
Min. persons12 partners2 partners1 + nominee2 dir + 2 sh.
LiabilityUnlimitedUnlimitedLimitedLimitedLimited
Setup cost₹2–4k₹3–6k₹10–15k₹10–14k₹14–20k
Setup time1–3 days3–7 days10–15 days10–15 days10–20 days
Tax rateSlab30% flat30% flat22%22% / 15%
AuditTurnover-basedTurnover-based>₹40L / ₹25L cap.MandatoryMandatory
Raise VC equityNoNoHardNoYes
Compliance loadMinimalLowModerateMod-highHigh

When to pick each one

Sole Proprietorship

Best for a solo founder testing an idea or running a small, low-risk service business below the GST threshold. Cheapest and fastest to start — but your personal assets are fully exposed and you can't raise equity.

Partnership Firm

Good when 2+ people start together with mutual trust and want legal recognition at minimal cost. Still carries unlimited liability, so most partnerships upgrade to an LLP as revenue and risk grow.

LLP

The sweet spot for professional firms and small teams that want limited liability without heavy corporate governance. Lower compliance than a company, but harder to raise VC equity through.

OPC

Made for a single founder who wants a company — separate legal entity and limited liability with one owner plus a nominee. More credibility than a proprietorship, simpler than a full Pvt Ltd.

Private Limited Company

The gold standard for startups raising funding, hiring extensively, issuing ESOPs, or working with enterprise/foreign clients. Highest compliance, but essential for scale and angel/VC investment.

Still unsure?

The answers above weigh founders, funding, revenue, liability, hiring, exports and compliance together. A free CA consultation can confirm the fit and factor in your specific tax and legal situation.

Compliance & cost reality check

Registration is a one-time cost — but ongoing compliance is what most founders underestimate. Proprietorships and partnerships only file an ITR (plus GST if registered). LLPs add two annual ROC forms. Companies (OPC and Pvt Ltd) require a mandatory statutory audit regardless of turnover, board meetings, and multiple ROC filings every year. Match the structure to the compliance you can realistically sustain — the tool weights your answer to the final question heavily for exactly this reason.

One-time registration

Ranges from ~₹2,000 for a proprietorship to ~₹20,000 for a Pvt Ltd (DSC, DIN, MOA/AOA stamp duty and professional charges). The MCA government fee is waived up to ₹15L authorised capital for companies.

Recurring compliance

Proprietorship/partnership: ITR + GST. LLP: adds Form 11 & Form 8. Company: audit + AOC-4, MGT-7, AGM/board meetings, DIR-3 KYC — budget for a CA on retainer.

More Company & MCA Tools

Explore related free calculators and tools built by our chartered accountants — pick one from the panel to keep going, or browse the full toolkit.

Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.