The annual filing of a One Person Company (OPC) includes financial statements that have been audited and are prepared in accordance with the regulations using Form AOC-4 (the deadline being 180 days from the end of the financial year, which in this case falls on September 27, 2026), along with the annual returns through Form MGT-7A (which will be filed within 60 days after the date of the signed financial statements, usually about November 26, 2026). Unlike other firms, OPCs do not hold annual general meetings but instead keep a record of the approvals in the minute books and file Form ADT-1 for the auditor's appointment within fifteen days of the board's ratification, which is usually around mid-October. Such filings are necessary to keep the OPC's financial condition, ownership, and management updated with the ROC.
JustStart makes this process easier for the OPCs owners by taking care of form preparation, DSC signing, and submission to MCA portal, thus making sure that the compliance is done on time without incurring any penalties starting from ₹100 per day. This service page takes solo entrepreneurs through the requirements, timelines, and advantages of working with justStart’s skilled team.
To ensure successful OPC annual return filing, certain forms must be completed and submitted.
JustStart offers expert assistance in filing these essential forms, ensuring full compliance with ROC regulations.
This critical form includes financial details such as the profit & loss account, balance sheet, and compliance certificate. It also covers information about shareholding, debt, and the company’s management.
Form MGT 7 requires details on the OPC’s shareholding structure, directorship changes, and share transfers.
Used for the appointment of an auditor, this form must be filed by 14th October each year.
At JustStart, our legal consultants ensure all forms are accurately completed and filed on time, ensuring seamless OPC compliance.
A lot of OPC proprietors have a misconception that since there is just one owner and the company is small, compliance would not be necessary. This is a wrong assumption. The OPC Annual Filing done in time and correctly is very important because it:
ROC filings are compulsory for every OPC that is active. Not filing can finally result in the company being declared as defaulting or even taken off the register.
Filing one’s return late incurs heavy extra fees that are calculated per day of delay. Over time, the total amount can be much more than the actual government filing fee.
Consistent non-compliance may lead to the director being disqualified for directorship in other companies.
A number of lenders and corporate clients verify your records through the MCA portal. Clean compliance gives your OPC a trustworthy and professional appearance.
Be it the case of transforming the OPC into a private limited company, getting investors, or legally closing the company, a compliance history of good standing makes the process quicker and smoother.
A professional service provider will lend you a hand with a concise list of requirements; however, you should, in general, have the following items on hand for the proper compliance of One Person Company:
Having these documents organized beforehand makes the ROC Annual Filing for OPC quicker and also minimizes the risk of resubmission or ROC queries.
A lot of solo entrepreneurs prefer to establish a One Person Company (OPC) since it is less complex than a complete private limited company structure. However, the ROC filing is still a bit less burdensome than before.
|
Aspect |
One Person Company |
Private Limited Company |
|---|---|---|
|
AGM Requirement |
No AGM required; deemed AGM concept applies. |
AGM is mandatory each year. |
|
Financial Statement Form |
AOC-4 (OPC-specific timelines) |
AOC-4 within 30 days of AGM. |
|
Annual Return Form |
MGT-7A (for OPC and small company) |
MGT-7 (standard annual return). |
|
Due Date Logic |
180 days from FY end for AOC-4; 60 days for MGT-7A. |
30 days (AOC-4) and 60 days (MGT-7) from AGM date. |
|
Compliance Burden |
Comparatively simpler – fewer meetings and lighter reporting. |
Higher – more corporate governance and reporting formalities. |
Despite these easements, the yearly ROC filing for OPC remains compulsory and unalterable.
The failure to comply with the ROC Annual Filing for OPC will have serious consequences. The main risks are as follows:
Forms like AOC-4 and MGT-7A with ROC are subject to very high extra costs per day of delay when the due date is not met. This can lead to a huge financial burden if calculated over months or years. The late fee will be ₹100 per day and per form, till the filing of AOC-4 and MGT-7A; moreover, additional monetary penalties and risk of prosecution in very rare situations under Sections 92 and 137.
Moreover, to additional fees, there can also be statutory penalties imposed on the three parties involved the company (OPC), the officer in default (which is usually the director) and the amount of the penalties may depend on the nature and extent of the default, and they may be charged in addition to late filing fees.
In case there is a long-lasting non-compliance in the director's situation, he or she will be ranked as disqualified for a certain period of time and not be allowed to take up posts in other companies. This would have a huge impact on the company's future business plans.
An OPC that does not file its Annual Return in time will be marked as non-compliant or defaulting on the MCA portal. It is like a badge of dishonour, and it will hurt the company's reputation with:
In non-filing that lasts long and is serious, the ROC may take action to remove the company's name from the register. Although this may sound like stopping the operation, it may take place in an undesired or even harmful way for the promoter, and it could also lead to more complications.
Filing with the ROC for OPC in a timely manner has always been more cost-effective and safer than dealing with penalties and legal issues that might accumulate later on.
At JustStart, we provide effective legal solutions to ensure ROC compliance for One Person Companies (OPC) in India.
Our team of legal experts offers guidance, ensuring your annual return filing is timely and accurate.
✅ Experienced Legal Consultants
Our experienced legal consultants guide you through the intricacies of OPC filing requirements, ensuring you meet all regulatory deadlines.
✅ Hassle-Free Filing Process
We simplify the OPC annual return filing process, saving you time and effort while ensuring compliance.
✅ Timely and Accurate Submissions
We ensure that all forms are filed on time, avoiding penalties and keeping your OPC in good standing with the Registrar of Companies.
✅ Comprehensive Legal Support
Our team provides ongoing support, answering all your questions and offering expert advice on OPC compliance and filing requirements.
✅ Cost-Effective Solutions
We offer affordable services, providing high-quality legal assistance at competitive prices to ensure you stay compliant without breaking the bank.
Annual compliance requirements for a One Person Company (OPC) include submitting annual returns, financial statements, and tax returns. Additionally, the OPC must hold an Annual General Meeting (AGM) within six months after the end of the financial year.
Form AOC 4: Contains financial details like the profit & loss account, balance sheet, and compliance certificate.
Form MGT 7: Provides information on the OPC’s shareholding structure, directorship changes, and share transfers.
Form ADT 1: Used for the appointment of an auditor; must be filed by 14th October each year.
An OPC is not required to hold an AGM. However, it must record resolutions for matters typically addressed in an AGM, such as the adoption of annual accounts and appointment of auditors, in the minutes book.
Delays in filing can result in a penalty of ₹100 per day until the filing is completed, with no maximum limit. Continuous non-compliance may lead to additional penalties, including fines and imprisonment for both the company and its directors.
The government fees for annual compliance of an OPC typically range from INR 1500 to 2500. Any applicable penalties will be charged in addition to these fees.
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