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For the guy just starting out in his garage and not dealing with external investors, a Sole Proprietorship is the simplest and cheapest option. But let’s be real, once you grow, you’ll need to transition to something else.

If you're bootstrapping with a friend or two, LLP (Limited Liability Partnership) might be a decent option. It's flexible, and you don’t need to maintain a full board of directors like Pvt Ltd. But honestly, if you're thinking long-term, go Pvt Ltd.

Bro, if you're serious about scaling, attracting investors, and eventually raising funding, a Private Limited (Pvt Ltd) company is the way to go. It gives credibility and separates your personal assets from the business. Plus, investors won’t even look at you unless you’re Pvt Ltd.