Thank you for the A2A Aakash Saini
While you can successfully establish an agency on any freelancing platform, I am not sure about a full-fledged IT company.
There are a couple of reasons behind this:
- A company has a lot of other resources such as HR, Accounts, Marketing and Sales. How do you plan on getting them paid? For an agency, all you need to do is get a few of your like-minded friends and add them to Upwork. No additional charges.
- You also need a rented space to set up an office. Not to mention, a properly registered company name, furniture, website, stationery and so on. If you really earn so much through your freelance gig, I strongly suggest opening an agency and not a Company. You will have the additional headache of taxes and GST and so on.
Let me know if this was helpful. 🙂