One Person Company (OPC) Annual Compliance
An OPC enjoys lighter governance than a regular company — notably, no Annual General Meeting is required — but it still has real annual ROC obligations that must be met on time.
The core filings are the financial statements (AOC-4) and the annual return (MGT-7A, the simplified return for OPCs and small companies), along with the usual auditor and register formalities.
Key features and requirements
- No AGM requirement (a key simplification)
- File AOC-4 (financial statements) annually
- File MGT-7A (annual return for OPCs/small companies)
- Appoint/ratify auditor and file ADT-1
- Maintain statutory registers and minutes
- Board resolutions signed by the sole director
How TaxSastra handles this
We handle your OPC’s streamlined annual compliance — accounts, AOC-4, MGT-7A and auditor formalities — so the simpler structure stays genuinely simple for you.
What’s included
- AOC-4 (financial statements) filing
- MGT-7A (annual return) filing
- Auditor appointment (ADT-1)
- Statutory registers and minutes
- Conversion tracking (to private limited)
- Income tax return coordination