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| Pvt Ltd Co. | OPC | LLP | Partnership Firm | |
|---|---|---|---|---|
| Minimum Person Required for formation | 2 Promoters required for Formation | 1 Promoter required | 2 Designated Partners required for formation | 2 Partners Required for formation |
| Cost of Formation | Relatively High as compared to other business structure | Higher than LLP, lower than Pvt Ltd Co. | Low cost of formation | Lowest cost of formation as compared to other business structure. |
| Compliance | High | Lower compliance than Pvt Ltd Co. but higher than LLP and Partnership Firm | Less compliance | Lowest Compliance as compared to all business structure. |
| Credibility | Highest Credibility as compared to other business structures. | Higher Credibility than LLP but less than Pvt Ltd Co. | Higher Credibility but less than Pvt Ltd Co. | Lower credibility. |
| Foreign Participation | Foreign National are allowed to invest under the Automatic, Approval Route. | Director cannot be foreign national. | Foreign national are allowed to invest as per law. | Foreign nationals are not allowed to be a partner. |
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