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Business Structure Picker

Six questions, one recommendation. The picker weighs funding plans, number of founders, foreign ownership, compliance appetite and liability.

How this tool works

  • Equity funding, ESOPs and foreign ownership all point to a private limited company because they need share capital.
  • A solo Indian founder who wants limited liability can start as an OPC and convert later.
  • Partners in a services business who want low compliance are usually well served by an LLP.
  • A sole proprietorship is the simplest start but gives no liability protection.

Related reading

Related services

Sources

Built and maintained by the Refogo Editorial Team, checked on 2026-11-01. Results are estimates for general guidance, not legal or tax advice. Authorities can change rules or extend dates, so confirm your case with a professional. Editorial policy.

Common questions

Is the picker's answer final?

No. It is a starting point based on common rules. Tax position, sector rules and investor preferences can change the answer, so confirm with a professional.

Can I change structure later?

Yes. Proprietorships, partnerships and LLPs can convert into private limited companies, and OPCs can convert too. Starting in the right structure avoids the cost and paperwork.