Legal Entity

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Create a Solid Foundation for Success

• Business Structure: Will the business be solely owned or involve partners?

• Liability Exposure: Is it essential to protect personal assets from potential business liabilities?

• Tax Implications: What are the preferred tax implications for the business (e.g., pass-through entity, corporation)?

• Growth Strategy: Are there plans for external investment or funding in the future?

Explore these common business structures in India.

Sole Proprietorship:

The Simplest Business Structure

A sole proprietorship is the most basic form of business ownership. It's owned and operated by a single individual. This structure is often preferred for small businesses due to its simplicity and ease of setup.

Partnership:

A Joint Venture

A partnership is a business structure involving two or more individuals who share ownership and responsibilities. Partners contribute resources like capital, labor, or skills to the business and share profits and losses according to the partnership agreement.

A Limited Liability Partnership (LLP) is a hybrid business structure that combines elements of both a partnership and a corporation. It offers partners the benefit of limited liability, similar to a corporation, while maintaining the flexibility and tax advantages of a partnership.

Limited Liability Partnership (LLP)

One Person Company (OPC)

An One Person Company (OPC) is a unique business structure introduced in India to promote entrepreneurship. As the name suggests, it is owned and controlled by a single individual.

Private Limited Company(Pvt Ltd)

A Private Limited Company (Pvt Ltd) is a separate legal entity distinct from its shareholders. It offers limited liability protection, meaning shareholders are only liable up to the extent of their investment. This structure is suitable for businesses seeking a balance between flexibility and legal protection.