Proprietorship: simple, unlimited liability
No separate registration and minimal compliance, but your personal assets are exposed.
OPC: protected, more compliance
Limited liability and credibility, with audit and ROC filings like a company.
No separate registration and minimal compliance, but your personal assets are exposed.
Limited liability and credibility, with audit and ROC filings like a company.
Choosing between an OPC and a proprietorship? You can message him directly, or book a short call to talk through your situation.
This answer is general information for NRIs, not tax advice. Tax rates, thresholds and forms change with each Finance Act — please confirm the current position for your own facts, or speak to us, before acting.