opc registration process

Annual Compliance for One Person Company(OPC)

Online Legal India LogoBy Pranab Published On 25 Feb 2021 Updated On 06 Oct 2021 Category One Person Company Registration

Every One Person Company has to intimate ROC regarding the yearly income and expenditure and every other detail of the company annually. 

It is mandatory to follow the compliances and if we fail to do the compliance then the penalty is levied for the same.

Annual Compliance required for One Person Company

  1. Minimum two Board Meetings is required to be held;
  2. Maintenance of the Statutory Registers and Minutes;
  3. Statutory Audit should be done by any Practicing Chartered Accountant;
  4. Filing of Form MGT-7 for the annual return;
  5. Filing of Form- AOC-4 for the financial statement;
  6. Filling of an Income Tax Return;
  7. Appointment of an Auditor;
  8. Annual Filing to the Registrar of Companies.

What are the forms required to be filed for Annual Compliances?

Form AOC-4 for the Financial statement and form MGT-7 for Annual return is required to be filed for Annual return.

What is the due date to file forms?

The financial statement of OPC is to be filed within 180 days from 31st March of the financial year and annual return within 60 days from the completion of AGM.

How can we help you?

These compliances can be made online you can file your application online on the official website of Online Legal India™. Our expert team of highly qualified CA/CS and 10+ years of experienced lawyers would assist you to comply with the legal filings of One Person Company. We have budgeted services for those who are willing to venture into a company, business or any other kind of organization. 

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