When you consider to start new business, you may choose from various options for organisational structure based on ownership, profit sharing, control, risk, compliance and Tax Payment preferences. Here, we have tried to create a simple metric which will help you make your decision faster.

FactorSole ProprietorshipPartnershipLimited Liability PartnershipOPCPrivate LimitedPublic Limited
Ownership & Profit sharingOne Person i.e. owner of the businessPartnersDesignated PartnersOne person holds all the sharesShareholders (Share to be given to friends and family)Shareholders (Shares to be given to public at large)
ControlOne Person i.e. owner of the businessPartnersDesignated PartnersPerson holding sharesShareholders and DirectorsShareholders and Directors
Risk / LiabilityUnlimited LiabilityUnlimited LiabilityLimited LiabilityLimited Liability (upto the value of shares subscribed)Limited Liability (upto the value of shares subscribed)Limited Liability (upto the value of shares subscribed)
Legal Registrations and Compliance levelLowLowMediumHighHighVery High
Income Tax* (excluding surcharge, Cess etc.)10% to 30%30%30%30%30%30%