Proprietorship vs LLP vs Private Limited — kaunsa best hai aapke liye? CA Bhavik Explains !!

One of the most common questions I get as a CA:

"Which business structure should I choose?"

Here's my simple framework:

→ Proprietorship: Solo founder, service-based, low risk.
Fastest to set up. Just GST + bank account.

→ LLP: 2+ partners, profit sharing needed, personal asset protection required.
Low compliance, high flexibility.

→ Private Limited: Scaling fast, need investors or funding?
Higher compliance — but credibility that opens doors.

Simple rule:
Solo + Small → Proprietorship
Partners + Medium → LLP
Growth + Funding → Pvt Ltd

Which structure are YOU using? Drop it in the comments 👇

#charteredaccountant #businessstructure #startupindia #entrepreneurship
#smallbusinessindia #llp #privatelimitedcompany #businessadvice #catips

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