Yes, forming an OPC (One Person Company) is often less expensive than forming a Private Limited Company. OPCs have reduced expenses by simplifying compliance standards and reducing administrative burdens. Furthermore, OPCs do not require many shareholders, which reduces share-related expenditures. The total cost, however, may vary based on aspects such as professional costs and legal support necessary during registration and operation. Consider your unique company demands and seek professional guidance to make the most cost-effective decision.
Leave A Comment