COMPARISON For Quick Reference
IndicatorsPvt LtdOPCLLP
Requirement2 Directors1 Director and 1 Nominee2 Designated Partners
Authorized CapitalNot requiredNot requiredNot required
DepartmentRegistrar of Companies ( MCA)Registrar of Companies ( MCA)Registrar of Companies ( MCA)
PopularityMost PopularLess PopularMedium Popular
Tax Policy30%30%30%
Investment FriendlyMost PreferredNot PreferredPreferred
ROC ComplianceHighLowLow
ConversionCan be converted from PVT to LLPCan be converted after 2 yearsCannot be converted from LLP to  Pvt Ltd
NRI or Foreign Investment FriendlyYESNONO
Process Time15 to 20 days15 to 20  days20 to 25 days
Most Preferred among  EntrepreneursHighLowMedium

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