What is Private Limited and LLP in India?
hoosing the right business structure is crucial for startups and entrepreneurs in India. Two popular options are Private Limited Company and Limited Liability Partnership (LLP). While both offer limited liability, they differ in several key aspects.
Problem
Entrepreneurs and startups in India face difficulty determining the optimal business structure (Private Limited vs. LLP) due to complex regulatory requirements, lack of accessible guidance, and confusion about compliance differences.
Solution
A digital comparison tool providing side-by-side analysis of Private Limited companies vs. LLPs, enabling users to evaluate factors like liability, compliance costs, tax implications, and registration processes with scenario-based examples.
Customers
First-time founders, solo entrepreneurs, and small business owners in India aged 25-45, particularly those launching tech startups or professional service firms needing liability protection.
Unique Features
Regulatory comparison matrix highlighting critical differences, incorporation cost calculators, and compliance roadmap generation tailored to Indian business laws.
User Comments
Clarified incorporation requirements
Saved legal consultation fees
Simplified complex terminology
Helped avoid tax pitfalls
Streamlined registration process
Traction
63 upvotes on ProductHunt (2023 launch), listed as #3 in Business category during launch week. No disclosed revenue but positioned in India's $3B+ business incorporation services market.
Market Size
India registered 50,000+ new Private Limited companies in FY2021 (MCA data) with 78% YoY growth in tech startup incorporation (NASSCOM).
