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Choosing a Structure

Company Registration in Chennai: Choosing Between Pvt Ltd, LLP, OPC and Partnership

Pick the right structure first; registration follows.

Private limited companyLimited liability partnershipOne person companyPartnership firm

Short answer: most founders seeking outside investment choose a private limited company; professional and service firms often prefer an LLP; a single founder can use a one person company; and small family businesses sometimes start as a partnership or proprietorship. The choice affects liability, tax, compliance cost and how easily you can raise money.

This page helps you choose. Each structure then has its own service page explaining the registration itself. Our office is at No. 1 Karaneeswarar Koil Street, Saidapet, Chennai 600015. Call or WhatsApp 073580 88817, Monday to Saturday, 9.30 am to 6.30 pm.

Choosing a Structure

What this covers

Pick the right structure first; registration follows.

Private limited company

Separate legal entity, limited liability, suitable for equity investment; incorporated through SPICe+ under the Companies Act, 2013.

Limited liability partnership

Limited liability with flexible internal management under the LLP Act, 2008; at least two designated partners, one resident in India.

One person company

A company with a single member who must be a natural person and Indian citizen.

Partnership firm

Governed by the Indian Partnership Act, 1932; partners' liability is unlimited, and registration affects the firm's right to sue.

Sole proprietorship

No separate legal entity; the owner is personally liable. Usually set up through tax and local registrations.

Who we act for

  • First-time founders in Chennai
  • Professionals forming a practice together
  • Family businesses formalising ownership
  • Proprietors considering conversion to a company
Process

How the engagement runs

Every matter is scoped and priced in writing before work begins.

1. Goals call

Funding plans, number of owners, liability concerns and expected turnover.

2. Recommendation

A short written note on the structure that fits and why.

3. Registration

Carried out under the relevant structure's service page.

What to bring to the first consultation

Not every item is needed on day one — bring what you have, and we will tell you what else to obtain.

  • PAN and address proof of each founder
  • Proposed name options
  • Registered office address proof
  • Outline of business activity

Frequently asked questions

Which structure is best for raising investment?
A private limited company, because investors can take shares and the structure is familiar to them.
Is an LLP cheaper to run than a company?
LLP compliance is generally lighter, though both have annual filings. The difference matters most for small businesses.
Can I convert later?
Yes. Proprietorships, partnerships and private companies can be converted, but conversion takes time and paperwork, so choose carefully at the start.

Discuss your matter with LexNova Legal Associates

Speak with a lawyer in Saidapet, Chennai. Consultations are available in person, by telephone, by video call or on WhatsApp, Monday to Saturday, 9.30 am to 6.30 pm IST.

Speak with our team about your matter.

Visit
No. 1 Karaneeswarar Koil Street, Saidapet, Chennai 600015
Online
lexnovalegalassociates.com