Company is a popular option to start a business in India by startups and businesses with higher growth aspirations. Pvt Ltd Company and LLP both are limited liability structures. However, companies offer certain key advantages, especially for startups. Ownership of the company is defined by share capital, which is easy to transfer compared to ownership transfer in LLP. An LLP has partners, who own and manage the business. Whereas in private limited company registration, directors may be different from shareholders.