The easiest corporate structure to maintain. We file your Annual Return (MGT-7A) and Financial Statements (AOC-4) with the MCA to ensure zero penalty fees.
Penalty Avoided
AGM Deadline
Forms
Avoid Automatic Deactivation.
Unlike Private Limited Companies, an OPC does not need to hold an Annual General Meeting (AGM). The single director simply adopts the accounts and board resolutions.
However, failure to file the mandatory forms (AOC-4 and MGT-7A) on time attracts the same severe penalty of ₹100 per day per form, leading to director disqualification and strike-off risk.
An OPC must compulsorily convert to a Private or Public Limited Company if:
Filing of Audited Financial Statements (Balance Sheet, P&L Account) with the ROC. Due Date: 180 days from the end of FY.
Simplified Annual Return for OPCs. Provides basic info on Director, Shareholder, and changes. Due Date: 60 days from the end of FY.
Annual filing of e-KYC for the Director holding a DIN (Director Identification Number). Due Date: 30th September.
Key documents needed for filing:
Finalization of accounts and statutory audit by the auditor.
Accounts and Board Report are signed and adopted by the sole Director.
Filing AOC-4 (Financials) and MGT-7A (Annual Return) on the MCA portal.
All forms are approved, and the OPC status remains 'Active'.