OPC gives solo founders corporate status without a co-founder. But if you plan to raise funding or add a partner later, Pvt Ltd is almost always the better start.
When OPC works
- Single founder, bootstrapped, service-based business
- Turnover comfortably under ₹2 crore
- No plan to onboard equity partners or investors
When to pick Pvt Ltd instead
- You want to raise angel or VC funding
- You plan to grant ESOPs to early hires
- You expect turnover to cross ₹2 crore in 2 years
Need help? Call Cred Compliances at +91 9873602607 or email document@credcompliances.com to start your filing today.