OPC COMPLIANCES
One Person Company (OPC) Compliances
OPC has relaxed compliance requirements compared to Private Limited Company, but still requires statutory filings with MCA. We ensure your OPC remains compliant with all regulations.
Annual Compliances for OPC
Mandatory Filings
- ✓ Annual Return (MGT-7A) – Simplified form for OPC
- ✓ Financial Statements (AOC-4) – Annual accounts
- ✓ Income Tax Return – By 30th September
- ✓ Board Meetings – Minimum 2 per year (relaxed for OPC)
- ✓ Director’s Report – If turnover exceeds ₹2 crores
Exemptions for OPC
- ✓ No requirement to hold AGM
- ✓ Only 2 board meetings required (vs 4 for Pvt Ltd)
- ✓ Cash flow statement not required
- ✓ Compliance Officer appointment not mandatory
- ✓ Simplified annual return form (MGT-7A)
Important OPC-Specific Compliances
- • Nominee consent must be updated if changed
- • Automatic conversion if turnover exceeds ₹2 crores or paid-up capital exceeds ₹50 lakhs
- • Change of member requires MCA approval
- • Annual maintenance of statutory registers
Documents Required
Financial Statements
Director’s Report
Board Resolution
Bank Statement
DSC of Director
OPC Compliance Made Easy
Expert handling of all your OPC compliance needs
📞 +91 8076856909 | +91 8076461946 | 📧 hiaparnaassociates@gmail.com