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Describe your business and get an AI-tailored entity recommendation, plus a full comparison table.
Describe your business to get an AI-tailored recommendation.
| Factor | Private Limited | LLP |
|---|---|---|
| Ownership instrument | Shares (equity) | Partner capital contribution |
| Raise VC/angel funding | Yes — standard | Not practical |
| ESOPs | Yes | No |
| Liability protection | Limited | Limited |
| Compliance cost | Higher — board meetings, ROC filings | Lower — fewer mandatory filings |
| Minimum owners | 2 (or 1 for OPC) | 2 partners |
| Conversion | Can convert to LLP (rare) | Can convert to Pvt Ltd |