One Person Company has relatively simpler compliance requirements compared to other company types, but annual compliances are still mandatory.

Annual Compliance Requirements

• Board Meeting (minimum 2 per year)
• Annual Return filing (Form MGT-7A)
• Financial Statements filing (Form AOC-4)
• Income Tax Return filing
• Director KYC (Form DIR-3 KYC)

Exemptions for OPC

• No requirement of AGM
• Only 2 board meetings required (vs 4 for Pvt Ltd)
• Simplified annual return (Form MGT-7A)
• Cash flow statement not required
• No board report required in some cases

Board Meetings

• Minimum 2 board meetings per year
• Gap should not exceed 90 days
• Minutes to be maintained

ROC Filings

• Annual Return (Form MGT-7A)
• Financial Statements (Form AOC-4)
• Must be filed within prescribed timelines

Our Services

• Board meeting support
• Annual return preparation
• Financial statements preparation
• ROC filings
• Income tax return filing
• Director KYC management
• Compliance reminders

Let us handle your OPC compliances while you focus on growing your business!