OPC Annual Filing Archives

Mandatory compliance List for OPC (one person company) in India. Introduction One Person Company (OPC) has become a popular business structure for solo entrepreneurs in India due to its ease of incorporation and limited liability benefits. However, like any other company, OPCs must adhere to certain mandatory compliances under the Companies Act, 2013. Timely fulfillment of these OPC compliance requirements ensures smooth operations and helps avoid penalties. In this blog, we’ll walk you through the essential annual and event-based compliances for OPC in India. Whether you’re an existing OPC owner or planning to register one, this guide is a must-read. What is One Person Company? A One Person Company (OPC) is a type of company that can be formed by a single individual under the Companies Act, 2013. It allows a solo entrepreneur to start and run a company with limited liability, meaning their personal assets are protected in case of business losses. Unlike a sole proprietorship, an OPC is a separate legal entity, which gives it more credibility and legal protection. This structure is ideal for individuals who want to manage their business independently while enjoying the benefits of a corporate framework. What are the Mandatory Compliances for One Person Company in India? Below table shows the mandatory compliances for one person companies in India; Compliance Form / Requirement Due Date Details Appointment of Auditor ADT-1 Within 30 days of incorporation Appointment of a statutory auditor for a term of 5 years Filing of Financial Statements AOC-4 Within 180 days from end of Financial Year (e.g., 27th Sep) Submission of audited financial statements Annual Return Filing MGT-7A Within 60 days from AGM or due date of AGM OPCs are exempt from AGMs. Hence, MGT-7A must be filed within 60 days of FY end, not AGM. Income Tax Return Filing ITR-6 31st October (if audit applicable) Annual income tax return filing Statutory Audit - Annually Audit of financial statements by a Chartered Accountant Board Meeting - One in each half of the calendar year Minimum 90 days gap between two meetings (not required if only one director) Statutory Registers & Records - Ongoing Maintain registers, minutes book, and financial records Director KYC DIR-3 KYC 30th September each year Mandatory for directors to keep DIN active Return of Deposits DPT-3 30th June every year Report loans or advances not considered as deposits MSME Return (if applicable) MSME Form-1 30th April & 31st October Report outstanding dues to MSMEs over 45 days We offer OPC compliance and OPC strike off services, ensuring legal adherence and smooth company closure. Other Necessary Compliances 1. PAN, TAN & GST Compliance If your OPC is engaged in taxable goods/services or exceeds the turnover threshold, it must comply with GST registration and return filing. The company also needs to obtain PAN for tax purposes and TAN for TDS (Tax Deducted at Source) if applicable. These registrations ensure proper tax deductions, returns, and compliance with GST laws. 2. TDS Deduction & Filing (if applicable) If your OPC has transactions that require TDS deduction (e.g., salary, contract payments), it must comply with TDS provisions. This includes timely deduction of TDS, its deposit with the government, and the quarterly filing of TDS returns (Form 24Q, 26Q). Failure to comply can lead to penalties and interest. 3. Professional Tax Registration (if applicable by State) Certain states in India, such as Maharashtra or Karnataka, require OPCs to register and pay Professional Tax. Depending on the state, this tax is paid annually or monthly, and timely filing of returns is essential to avoid penalties. Ensure your OPC meets the professional tax compliance requirements in the state of operation. 4. Annual General Meeting (AGM) – Exemption for OPCs One of the key advantages of a One Person Company is the exemption from holding an Annual General Meeting (AGM), unlike other corporate structures. As per the Companies Act, 2013, OPCs are not required to conduct an AGM. Instead, any resolutions that would normally be passed at an AGM can simply be entered in the minutes book and signed by the sole member. This compliance relaxation simplifies operations for OPC owners and eliminates the need for formal AGM-related procedures. However, despite this exemption, all filing obligations related to financial statements and annual returns must still be fulfilled as per the prescribed due dates. 5. Upgradation of MCA Master Data It is crucial for OPCs to keep their MCA Master Data updated on the Ministry of Corporate Affairs (MCA) portal. This includes the accurate listing of details such as registered office address, share capital, and directors. Regular updates ensure the company’s legal standing and compliance with government regulations. Understanding Form MGT-7 vs. MGT-7A for OPC Earlier, companies; including OPCs were required to file their annual return using Form MGT-7. However, the Ministry of Corporate Affairs has introduced Form MGT-7A specifically for One Person Companies and small companies. This is a simplified version of the original form and is tailored to suit the reduced compliance burden on smaller entities. It’s important to note: Form MGT-7A is now the standard for OPCs. It must be filed within 60 days from the end of the financial year, not from the AGM date, since OPCs are exempt from holding an AGM. Failing to understand this distinction could lead to delays and penalties, so business owners must ensure they are filing the correct form within the correct timeframe. What are the Penalties for Non-Compliance? Failing to comply with mandatory requirements can lead to monetary penalties and legal consequences for both the OPC and its director. Here are some common penalties: Non-Compliance Penalty Non-filing of AOC-4 (Financial Statements) ₹100 per day of default (no upper limit), until the form is filed. Non-filing of MGT-7A (Annual Return) ₹100 per day of default, till the date of filing (no upper limit). Failure to Appoint Auditor Company and every officer in default: Penalty up to ₹1,00,000 and ₹5,000 per day for delay. Non-filing of Income Tax Return ₹1,000 to ₹10,000 under Section 234F, depending on income slab and delay. Failure to maintain statutory records Penalty may extend up to ₹25,000. Director KYC not filed (DIR-3 KYC) DIN gets deactivated + ₹5,000 penalty for reactivation. Note: The Ministry of Corporate Affairs (MCA) and Income Tax Department are strict with deadlines, and repeated defaults may lead to disqualification of directors, strike-off of the company, or legal proceedings. Conclusion Staying compliant is crucial for the smooth functioning and credibility of a One Person Company in India. From filing annual returns to maintaining statutory records, every compliance step ensures your OPC remains legally sound and penalty free. Timely adherence to these requirements not only avoids legal consequences but also builds a strong foundation for business growth. Suggested Read : OPC Turnover Limit How to Strike off an OPC? Benefits of One Person Company Role of a Nominee In OPC Legal Consequences of Strike Off OPC FAQ Yes, every OPC must appoint a statutory auditor within 30 days of incorporation, and the auditor shall hold office for five years.No, an OPC is exempted from holding an Annual General Meeting (AGM) under the Companies Act, 2013.A penalty of ₹100 per day is levied for late filing of both AOC-4 and MGT-7A, with no upper limit.GST registration is mandatory if the OPC’s turnover exceeds the prescribed threshold or if it supplies goods/services inter-state.Yes, while an OPC must have one member, it can appoint more than one director (up to a maximum of 15, unless increased through a special resolution).

For Indian Entrepreneur

For Foreign Entrepreneur

Special Entities

Tax Registrations

Other Registration

Returns

Annual Filings

Change Services

Closure

Legal Drafting

Special

Trademark

Copyright

Patent

Designing & Marketing

Blog

Mandatory Compliance List for OPC

Exemptions and Benefits for OPC Compliance

Hi, Welcome to EbizFiling!

HOME

POLICY

RELATED LINKS

CONNECT WITH US

TOP 3 READS

Annual Compliance Calendar of LLP 2025-26

Role of IEC in International Trade: Future Trends

LLC vs INC : Difference between LLC and INC

Secure Payment Modes

GSTR 9 Annual Return Filing
Certificate of Good Standing in USA
Share Certificate Printing
Form 10F of Income Tax
Tax Residency Certificate (TRC) for US Entity
Tax Residency Certificate (TRC) for Indian Entity
Company Registration in Ontario, Canada
FSSAI Licence Modification
FSSAI License Renewal
Private Limited Company
US payroll services in India
UK Business Outsourcing Process in India
File CRF Form to change Master Data on MCA
Reply to Notice Under Section 148 of Income Tax Act
Reply to Notice u/s 143(2) of Income Tax Act for Scrutiny Assessment
Reply to Intimation Notice under section 245 of Incone Tax Act
Reply to Defective Notice u/s 139(9) of Income Tax Act
Reply to Income Tax Notice u/s 143(1)(A) for Prima Facie Adjustment
Reply to intimation notice of Section 143(1) of Income Tax Act
Reply to Income Tax Notice Under Section 133(6)
Corporate Legal Advice
LEI Code Registration
Employee Background Verification
US Business Solutions and Outsourcing Services in India
LLC Annual Compliances in Wyoming, USA
LLC Annual Compliances in Florida, USA
E-RCMC Registration under EPCES in India
Annual Filing & Bookkeeping & Accounting Service for Partnership Firm
ITIN Registration in the USA
Offshore Staffing Services in India
SEO Services in India
Content Writing Services in India
File Form 10BD Online under Income Tax Act
Annual Filing For Trust in India
Register a company in India from UK
Register a company in India from Germany
Register a company in India from France
Register a company in India from US
LLC Annual Compliances in Delaware, USA
Register a company in India from Canada
Register a company in India from UAE
Register a company in India from Singapore
Register a company in India from Australia
Company Registration in Indiana
Company Registration in California
Company Registration in New Mexico
Company Registration in New York
Company Registration in Texas
Company Registration in Wyoming, USA
Register Company in Florida, USA
Company Registration in Delaware
Annual Filing & Book-keeping & Accounting Service for Proprietorship Firm
Wall Designing
Virtual Office in India
Form 15CA Online Filing – Income Tax
NGO Darpan Registration
Overseas Direct Investment (ODI) through Automatic and Approval Route
HR Hiring and Recruitment Services in India
FLA Return Filing Online to RBI in India
APEDA (RCMC) Registration in India
ROC Annual Compliance for Producer Company
ROC Annual filing for Section 8 Company
ROC Annual filing for Public Limited Company
FCRA Registration Online in India
File Form CSR 1 online
Appeal to CIT- File an Appeal to Commissioner to Income Tax
Reply to Scrutiny Assessment Notice u/s 143(3)
Reply to Income Tax Notice- Know How to Respond to IT Notices
Surrender IEC License Online in India
भारत में कंपनी पंजीकरण / रजिस्ट्रेशन
Drop-Shipping Business in India by Foreigners
OPC Registration in India by an NRI
Company Registration in India- Know how to open a Company in India
Creation of Charge
LLP Registration in India by an NRI
Company Registration in India by an NRI
Right Issue of shares / Right Offerings
Renewal of IEC License
Application for the Extension of Name Reservation
Digital Marketing Services
Company Annual Filings in XBRL filing mode in India
12AA & 12A Registration Process
Trademark Registration / Brand Registration in the USA
Trademark Registration / Brand Registration in UK
Trademark Registration / Brand Registration in Malaysia
Strike Off Company
Payment of TDS return on purchase of property (form 26QB)
Business Advisory Services
Limited Liability Partnership Registration in Mumbai
Limited Liability Partnership
File ROC Form DPT 3 Return of Deposits
Income Tax Returns Filing
ROC Annual Compliance for Pvt Ltd Company
MCA Companies Fresh Start Scheme
LLP Annual Return Filing
MCA LLP Settlement Scheme 2020 (LSS 2020)
DIR 3 E KYC
ISO Certification in India
Run your operations / company in India without any liabilities
Add A Director
Accounting and Compliance Services for Start ups, Small companies, LLP and OPC (Micro Retainership Services)
Foreign Direct Investment through Automatic and Direct Route
Company registration in Bangalore
Apply for FSSAI license or Food license in India
Dormant Company Status Application
Trademark Registration in India
Conversion From Registered Partnership To LLP
Conversion From Registered Partnership To Private Limited Company
Change in Registered Office of LLP
Company Registration in USA
Company Registration in Malaysia
Company Registration in UK
Logo Design Services
Conversion of Private Limited Company to OPC
Opening a Branch in India by a Foreign Company
Nidhi Company Annual Filing
One Person Company (OPC) Registration in Mumbai
IEC Registration in Mumbai
Trademark Registration in Mumbai
Private Limited Company registration in Mumbai
Form GSTR 1
Maharashtra Professional Tax
Premium Retainership Services in India
MicroFinance Company registration
Conversion of Section 8 Company to Private Limited Company
DPIIT Startup Recognition certificate
RBI Form FC-GPR
Charge Registration on property
RBI Form FC-TRS
EPF Registration
PAN Application
Digital Signature
IEC Registration
TAN Application
DIN Application
GST Registration
Nidhi Company
Producer Company
Hindu Undivided Family (HUF), HUF Deed
Sole Proprietorship Firm Registration
Public Limited Company
E-Commerce Business
One Person Company (OPC)
Partnership
Indian Subsidiary
Non Profit Organization
GST Returns
CMA Report Preparation
E-Form Commencement of business certificate(form-20a)
Private Limited Company Registration
Startup Advisory Services
One Person Company (OPC)
Private Limited Company Registration
Income tax section 80g(5) registration
Company Registration Process in India for Foreigner- Know How to Open a Company in India
Secretarial Compliance Services
Search Report ROC
Revival of Struck Off Company
Trademark Watch Services
One Person Company (OPC)
Limited Liability Partnership
GSTR 9C filing by CA- GST Annual Audit due date, GSTR 9C FAQs
Tax Consultancy Services
International Trademark Registration Under Madrid Protocol
Surrender of DIN
Trademark Registration Process
LLP Registration Procedure – copy
LLP Registration Procedure – copy
Online LLP Registration and Complete Procedure
Aadhaar Udyog Online Registration
New Form INC-22A
FIND GST RATE, HSN CODE & SAC CODE
Company Registration in India
Hire Purchase
Contract Manufacturing Agreement
Web Development Agreement
Sole Selling Agreement
Underwriting Agreement
Mortgage Deed
Agreement Appointing A Common Arbitrator
Deed of Wakf-Alal-Aulad
Specific Power of Attorney
Foreign Collaboration Agreement Drafting
Joint Venture Agreement
Non- Disclosure Agreement
Franchise Agreement
Agreement to Sell Business
Vendor’s Agreement
Exclusive Distributorship Agreement
Shareholders Agreement
Consumer Complaint Letter
Power of Attorney
Company Name Change
Appointment of Auditors
Removal/Resignation of Director
GST Cancellation
GST LUT Letter of Undertaking
Conversion from Private Limited Company to Limited Liability Partnership (LLP)
Business Plan Preparation (Project Report)
Book-Keeping & Accounting
Trademark Renewal
Trademark Opposition
Trademark Rectification
Trademark Withdrawal in India
Payroll Setup & Processing
ESI Returns
PF Returns
TDS Returns Revision
Removal of Charge
Modification of Charge
MOA/AOA Printing
MOA/AOA Amendment
IEC Modification
Change of Registered Office Address
OPC to Private Limited Company
Conversion of Sole Proprietorship to OPC
Sole Proprietorship to Partnership firm
Conversion from Proprietorship to LLP
Conversion of Proprietorship to Private Limited Company
Conversion of Public Limited Company to Private Limited Company
Private Limited Company to Public Limited
Conversion of Partnership to Private Limited Company
Conversion of LLP to Private Limited Company
Conversion of Partnership to LLP (Limited Liability partnership)
Del Credere Agreement
Lease deed
TDS Returns
Strike Off OPC
Dissolution of Firms
Strike Off LLP
ESIC Registration
GST Modification
OPC Annual Filing
SSI/MSME/Udyog Aadhar Registration
Share Transfer & Transmission
Change in DIN
Add/Remove a Partner in LLP
LLP Name Change
Change in LLP Agreement
Increase in Authorized Capital
Change in Directorship
Patent Registration
Patent Search
Provisional Patent
Copyright Application
Trademark Assignment
Trademark Objections
Trademark Registration
Trademark Registration – copy
Limited Liability Partnership
Conversion into LLP