Business Structure – A Strategic Foundation
with Lawfinity
Business Structure refers to the formal legal and organizational framework that defines how a business is established, operated, governed and recognized by law. It is the backbone of a company’s legal identity and sets the tone for how internal and external affairs are managed.
Business Structures
The legal foundations to structure your business
With Lawfinity as your trusted partner, choosing the right business structure becomes simple and strategic. We help you select the best legal setup and take care of all required registrations, licenses and compliances. This ensures a strong foundation for your business, covering key areas like ownership, tax, liability, funding and future growth.
Private Limited Company
A Private Limited Company is a popular and reliable way to start a business, especially for startups and growing companies. It has a separate legal identity, so the business is treated as different from its owners. One big benefit is limited liability, which means the owners are only responsible for the business’s debts up to the amount they invested. This structure also makes it easier to raise money, divide ownership clearly and run the business smoothly over time.
Know More →Public Limited Company
A Public Limited Company allows businesses to raise funds by offering shares to the public. While it faces a bit stricter regulation, it benefits from easier capital access, greater investor trust, brand credibility and liquidity of shares, making it ideal for large, growth-focused companies.
Know More →One Person Company
A One Person Company (OPC) lets a single person own and run a business with full control while enjoying limited liability protection. It combines the ease of a sole proprietorship with the legal benefits of a private company, making it ideal for solo entrepreneurs and startups looking for credibility, easy management and room to grow with minimal compliance.
Know More →Sole Proprietorship
A Proprietorship is the simplest form of business, owned and managed by one person. The owner has full control and keeps all profits but also faces unlimited liability, meaning personal assets are at risk. It’s easy to set up, needs minimal compliance and is ideal for small businesses and independent entrepreneurs.
Know More →Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a flexible business structure where two or more partners manage a business with limited liability, protecting each partner from the mistakes of others. It has a separate legal identity, simple compliance and is ideal for professional firms and collaborations seeking credibility and legal protection without the complexity of a company.
Know More →Partnership
A Partnership is a simple business structure where two or more people jointly own and manage a business, sharing profits and responsibilities. Governed by the Indian Partnership Act, 1932, it is usually based on a Partnership Deed. Partners have unlimited liability, but partnerships are easy to form, flexible to operate and ideal for small businesses, family ventures and professional groups.
Know More →NGO / Trust Registration
An NGO or Trust is a non-profit organization formed under the Indian Trusts Act, 1882 to promote charitable, social, religious or educational causes. It can be started by individuals or groups with at least two trustees. Once registered, it can own property, receive donations and carry out welfare activities. Trust registration also brings transparency, accountability and eligibility for tax benefits and government support, making it ideal for those focused on social impact.
Know More →Section 8 Company
A Section 8 Company is a non-profit organization registered under the Companies Act, 2013 to promote charitable activities like education, social welfare, arts and environmental protection. It does not distribute profits to its members; instead, all income is used to achieve its goals. It offers benefits like tax exemptions, limited liability and strong credibility, making it ideal for NGOs, foundations and social enterprises focused on long-term public welfare.
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