We find a massive amount of content created on social media by new generation freelancers, advice given ranging from social media marketing, professional content writing, small business advisory, personal finance etc. Most of this content creation is done by freelancers who offer their selection of opinions or consulting.

With the increase in business consulting as freelancers, most consultants still render services in their individual capacity; however, their audiences are watching their content across the globe. A potential client might be hesitant to do business with a freelancer when they find out that the freelancer is operating in an individual capacity, and it isn’t easy to conduct background verification for the global client.

In this case, an OPC might come to the rescue of the freelancers. It gives the right mix of standardization and control for the freelancers who wish to scale up their business operations. OPC offers complete business control to freelancers and creates a corporate structure for the business. Global clients can easily verify the company apart from the portfolio of the services provided by the freelancer.

OPC stands for One Person Company, a corporate form of business that can be registered with the Registrar of Companies. It provides all the benefits of a private limited company barring private investment from other parties.

Do you think OPC will be a good opportunity for Indian freelancers to build a global clientele business?