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what's the better method to implement two projects in one system new company code OR new client ?

Hello Basis experts
I'm fresh in in SAP Basis field and I'm facing a problem that I appreciate to help me.
the production in my company using SAP ECC6 and the project in production client (X)
there is a plan to add other company to our system, the users in new company will have a display permissions on our data and full permission to access there data
there are two suggestions
1- create new company code for the new company
2- create new client as copy of production client and let the new company to work on it.

but I'm worried from cross-clients data or any impact from working in client to other

So, I hope to help me to choose which solution is better and why ?

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