Safeguard your personal assets with limited liability protection — your company is a separate legal entity, shielding you from business risks.
Rest easy knowing your personal liability is limited to your shareholding, keeping your personal wealth protected.
Start your Private Limited Company with just 2 members and expand up to 200 shareholders as your business grows.
Feature | One Person Company | Private Limited Company | Limited Liability Partnership | Partnership Firm | Proprietorship Firm |
---|---|---|---|---|---|
Applicable Law | Companies Act, 2013 | Companies Act, 2013 | Limited Liability Partnership Act, 2008 | Indian Partnership Act, 1932 | No specified Act |
Registration | Mandatory | Mandatory | Mandatory | Optional | No |
Number of Owners | Only 1 | 2 - 200 | 2 - Unlimited | 2 - 50 | Only 1 |
Separate Legal Entity | ✔ | ✔ | ✔ | ✖ | ✖ |
Liability Protection | Limited | Limited | Limited | Unlimited | Unlimited |
Statutory Audit | Mandatory | Mandatory | Not Applicable | Not Mandatory | Not Mandatory |
Ownership Transfer | No (Restricted) | ✔ | ✔ | ✔ | ✖ |
Perpetual Existence | ✔ | ✔ | ✔ | ✖ | ✖ |
Foreign Investment | ✔ | ✔ | ✔ | ✔ | ✖ |
Taxation Liability | Moderate | Moderate | High | High | Low |
Compliance Requirement | Moderate | High | Moderate | Low | Low |