How to choose the best structure for incorporating your startup?

The first step towards the formal creation of a start-up is for founders to choose a suitable business entity type aligned to their needs and objectives.

According to the Start-up India Scheme, to qualify as a 'start-up', the entity must be incorporated as one of the following:

1. A Private Limited Company (“Company”) registered under the Companies Act, 2013 with the Registrar of Companies (“RoC”)

2. A Limited Liability Partnership (“LLP”) registered under the Limited Liability Partnership Act, 2008

3. A Partnership firm (“Partnership”) registered under the Indian Partnership Act, 1932 with the Registrar of Firms

While a start-up has the freedom to choose among these structures, this choice demands careful consideration. Numerous factors come into play when determining the suitable structure.

Download and read the below pdf to understand which business structure suits your startup best.

Incorporation Structure_protected.pdf

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