How to Incorporate your Pvt Ltd in India

### **One Person Company (OPC)** Recently introduced in the year 2013, an [OPC](https://cleartax.in/services/one-person-company/p) is the best way to start a company if there exists only one promoter or owner. It enables a sole proprietor to carry on his work and still be part of the corporate framework. ### **Limited Liability Partnership (LLP)** An [LLP](https://cleartax.in/services/limited-liability-partnership/p) is a separate legal entity where the liabilities of partners are only limited only to their agreed contribution. An LLP is established under the Limited Liability Act, 2008 with the Registrar of Companies (ROC). ### **Private Limited Company (PLC)** A [PLC](https://cleartax.in/services/private-limited-company/p) in the eyes of the law is regarded as a separate legal entity from its founders  It has shareholders (stakeholders) and directors (company officers). Each individual is regarded as an employee of the company. ### **Public Limited Company** A Public Limited Company is a voluntary association of members which is incorporated under company law. It has a separate legal existence and the liability of its members are limited to the shares they hold. You can choose what business structure suits your business needs best and accordingly register your business. Other forms of business structures include Sole proprietorship, Hindu Undivided Family,  and Partnership firms. Please bear in mind, that these structures do not come under the ambit of company law.