Minimum 2 directors and shareholders are required to register a Pvt Ltd Company. It is ideal for fast growing companies and entrepreneurs planning to raise funds. Compliance cost is higher than LLP.
It is ideal for big corporations and companies planning to list on stock exchange. The cost of compliance is very high and minimum 7 shareholders/owners are required to register a Private Limited Company.
Only 1 founder/ owner is required to form a OPC. Investment cannot be raised in OPC. To convert a OPC in Pvt Ltd there are certain conditions.