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You can declare your firm as dormant company. also you can start with LLP firm as you can claim for Startup india certification which has many benefits.

Damn. Some hard truth bombs there. I remember shifting to LLP was a nightmare for us too. The annual reporting, tax, etc. are certainly a distraction from the purpose of business, if you are a small company.

India filing is a rip off they will initally say 18k inclusive everything then when you need the most they will ask extra money as CA charge, I have burnt my hands with India filings

If you want any help, feel free to dm.

after years of using ai I can tell in one sec that this was written using chatgpt , 🌝👑

no no , it's misleading for sure , and info is not enough..

I think I just did not get a bank account

I love how brutally honest this is. Everyone romanticizes “starting up” without talking about how paperwork > product in early days. If you're experimenting, just stay a freelancer or sole prop until you know your idea has legs. Keep it lean. Keep it local.

MCA notices don’t lead to jail for OPC non-compliance unless you’re actively evading serious financial regulations. Yeah, fines suck, but don’t make it sound like the cops are showing up. It’s an annoying process, not a criminal case.

've been through this exact hell. What the post doesn't mention is that these compliance requirements are just the tip of the iceberg. Try dealing with GST filings (monthly/quarterly), TDS, PF/ESI if you have employees, and the list of forms multiplies endlessly. What's more absurd is how the government simultaneously runs "Startup India" campaigns while maintaining this regulatory jungle that absolutely crushes innovation. The real cost isn't even the audit fees, it's the mental bandwidth these processes consume when you should be building your product or finding customers.

welcome to Indian Entrepreneurship and burecracy

Can we just agree that if a company has ₹0 income and no expenses, the filing should be waived? It’s absurd to treat dormant OPCs like multimillion-dollar companies. At the very least, make it a ₹500 self-declare process. Why involve a CA for nothing?

so what is the solution??? incorporating the firm abroad?