7. Compliance Requirements
| Entity Type | Compliance Level |
| Partnership Firm | Low |
| LLP | Moderate |
| Private Limited Company | High |
Partnership Firm: Requires minimal compliance; needs to file income tax returns.
LLP: Needs to file annual returns and statements of accounts with MCA.
Private Limited Company: Requires compliance with the Companies Act, including annual returns, financial statements, board meetings, and statutory audits.
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