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Introduction

One Person Company (OPC) has emerged as a popular business structure in India, offering entrepreneurs the benefits of limited liability and single ownership. However, like all companies, OPCs must comply with certain legal requirements, and one of the most important among them is the annual return filing. Complying with these regulations not only keeps the company in good legal standing but also helps avoid hefty penalties.

What is OPC Annual Return Filing?

OPC annual return filing refers to the process of submitting yearly financial and operational details of a One Person Company to the Registrar of Companies (RoC). Even though an OPC is managed by a single individual, it is still recognized as a separate legal entity under the Companies Act, 2013, and therefore must file annual returns and financial statements. Platforms like Ebizfilling simplify this compliance process by ensuring accurate preparation and timely submission.

Why is Annual Return Filing Important for OPCs?

Legal Compliance: Filing annual returns is a statutory requirement under the Companies Act.

Avoiding Penalties: Late or missed filings can result in heavy fines and penalties.

Business Transparency: Filing reflects the company’s financial health and builds credibility.

Corporate Standing: Regular compliance helps maintain the company’s active status with the RoC.

Ease of Expansion: Investors and banks often check compliance history before approving funding or loans.

Due Dates for OPC Annual Return Filing

Form MGT-7A: An OPC must file its annual return within 60 days from the date of its Annual General Meeting (AGM). Since OPCs are not required to hold AGMs, the filing is counted from the closure of the financial year (i.e., 30th September of the following year).

Form AOC-4: The financial statement must be filed within 180 days from the end of the financial year.

Step-by-Step Process of Filing OPC Annual Return

Maintain Financial Records: Prepare balance sheets, profit and loss statements, and other required documents.

Board Approval: Even if the OPC has only one director, approval of financial statements is required before filing.

Filing AOC-4: Upload financial statements to the MCA portal.

Filing MGT-7A: Submit annual return details including shareholding, directors, and company information.

Acknowledgment: Once the forms are processed, an acknowledgment of filing is issued by the MCA.

Penalties for Non-Compliance

Failure to file OPC annual returns can lead to significant consequences, including:

Penalties starting at ₹100 per day of default.

Additional fines for the company and its directors.

Possible disqualification of directors for repeated non-compliance.

How Ebizfilling Can Help You

Handling compliance on your own can be stressful and time-consuming, especially when deadlines are strict. At Ebizfilling, we specialize in OPC annual return filing and ensure the process is seamless. Our team of experts manages everything—from preparing documents and checking accuracy to submitting them on time—so you don’t have to worry about missing deadlines or facing penalties. With our transparent pricing and professional guidance, compliance becomes hassle-free.

Conclusion

For every One Person Company, compliance is not optional—it’s a legal necessity. By staying up to date with OPC annual return filing, you safeguard your business from penalties and ensure long-term growth. Partnering with trusted professionals like Ebizfilling makes the process efficient, accurate, and stress-free, allowing you to focus on what really matters: growing your business.