Written By: Swati Bajaj

Date: 11/06/2021

OPC-Annual Filing

OPC-Annual Filing

One Person Company (OPC) means a company which has only one person as a member. 

Such a Company may have more than one Director on its Board of Directors, but it is not mandatory. Thus, queries do arise as to how an OPC will manage the affairs of the Company.

In this Article, we are clarifying the provisions of the Companies Act, 2013 (the Act) w.r.t. Annual Filings to be done by an OPC.

OPC has to file 2 forms every year (after the 1st year of its Incorporation) AOC-4 and MGT-7A as follows:

AOC-4: 

By when: 

Attachment(s): 

OPC to file within 180 days from the closure of the financial year.

Audited Financial Statements, Auditors’ Report and Board’s Report 

The Financial Statements of the OPC can be signed by one Director only.

Cash Flow Statement is not a mandatory part of the financial statements.

MGT-7A

By when: 

Attachment(s): 

OPC to file within 60 days from Financial year end date plus 6 months

List of Shareholders

Section  96 of the Act states that an OPC is not required to hold an Annual General Meeting. 

Section 92 of the Act states that ‘Every company shall file with the Registrar a copy of the annual return, within sixty days from the date on which the annual general meeting is held or where no annual general meeting is held in any year within sixty days from the date on which the annual general meeting should have been held months from the end of Financial year.’

Thus, a Deemed Event Day has to be assumed for an OPC for the purpose of  filing MGT-7A.

Therefore, the due date for filing MGT-7A will be 60 days from the deemed event date.

Example:

If the f.y. ending of an OPC is 31st March, then the Deemed event date will be 30th September and 60 days from this deemed event date is 28th November.

Thus an OPC should file MGT-7A on or before 28th November of the relevant financial year. 

Definition of Financial Statements:

"financial statement" in relation to a company, includes—

(i) a balance sheet as at the end of the financial year;

(ii) a profit and loss account, or in the case of a company carrying on any activity not for profit, an income and expenditure account for the financial year;

(iii) cash flow statement for the financial year; (Not mandatory for  One Person Company, small company and dormant company)

(iv) a statement of changes in equity, if applicable; and

(v) any explanatory note annexed to, or forming part of, any document referred to in sub-clause (i) to sub-clause (iv):

Provided that the financial statement, with respect to, may not include the cash flow statement;

  181 Likes

Written By: Swati Bajaj


Wdzahd (Poseted On : 2024-03-07 21:09:44pm)

lipitor 10mg pills lipitor 20mg usa how to get atorvastatin without a prescription

Vvoqwg (Poseted On : 2024-03-14 02:20:47am)

order cipro without prescription - buy keflex 500mg generic purchase augmentin

Wuzsav (Poseted On : 2024-03-14 04:17:14am)

cipro 1000mg canada - brand augmentin 1000mg amoxiclav online buy

Wcshqb (Poseted On : 2024-03-16 21:54:12pm)

buy metronidazole 200mg sale - purchase cleocin sale azithromycin canada

Fifwhd (Poseted On : 2024-03-17 07:30:17am)

cost ciplox 500mg - buy doryx online cheap buy erythromycin 500mg online

Kozygq (Poseted On : 2024-03-19 02:26:25am)

buy valacyclovir sale - diltiazem 180mg sale generic zovirax 400mg

Lftymj (Poseted On : 2024-03-19 11:24:16am)

buy ivermectin 6 mg online - cefixime order online tetracycline 500mg pill

Ntmcfe (Poseted On : 2024-03-21 09:13:02am)

flagyl us - cefaclor sale zithromax order

Udqmkk (Poseted On : 2024-03-21 14:00:38pm)

order ampicillin pills purchase ampicillin generic cheap amoxil pills

Rsjmkd (Poseted On : 2024-03-22 19:59:33pm)

order lasix 100mg online cheap - buy candesartan 8mg generic oral captopril

Wcslcf (Poseted On : 2024-03-25 07:46:39am)

glucophage over the counter - order ciprofloxacin 500mg without prescription brand lincomycin

Doklhv (Poseted On : 2024-03-26 01:43:56am)

how to get cheap retrovir without a prescription - allopurinol 300mg usa

Wdrkwv (Poseted On : 2024-03-27 16:44:57pm)

order clozaril 50mg - perindopril without prescription pepcid 20mg uk

Cjscox (Poseted On : 2024-03-29 00:12:34am)

buy seroquel online cheap - effexor 150mg oral eskalith buy online

Velgud (Poseted On : 2024-03-30 08:31:23am)

order generic clomipramine 50mg - duloxetine 20mg brand doxepin 75mg price

Uwmyae (Poseted On : 2024-03-31 01:45:54am)

hydroxyzine buy online - order pamelor endep cost

Fochqn (Poseted On : 2024-04-03 10:43:00am)

purchase amoxiclav sale - buy myambutol pills for sale brand cipro 500mg

Pthble (Poseted On : 2024-04-03 16:03:08pm)

amoxicillin cost - how to buy trimox cipro order online

Yoongn (Poseted On : 2024-04-09 00:06:07am)

buy cleocin generic - cefixime 100mg for sale cheap generic chloramphenicol

Pkrsph (Poseted On : 2024-04-09 09:33:16am)

zithromax 250mg us - floxin 400mg cheap order ciprofloxacin 500mg generic

Vvtgaq (Poseted On : 2024-04-12 02:14:13am)

ivermectin 6 mg without a doctor prescription - ivermectin 3 mg for humans for sale cefaclor 500mg for sale

Ybbiwq (Poseted On : 2024-04-12 15:00:34pm)

buy asthma pills - buy theo-24 Cr 400mg pills cheap theo-24 Cr

Ockdvp (Poseted On : 2024-04-15 00:12:09am)

order generic clarinex - purchase albuterol inhalator best asthma pills

Aaffdr (Poseted On : 2024-04-15 02:14:45am)

buy methylprednisolone cheap - buy medrol generic buy azelastine 10 ml nasal spray

Yqshud (Poseted On : 2024-04-17 01:29:28am)

micronase ca - buy pioglitazone without a prescription order forxiga 10mg online

Vqiudi (Poseted On : 2024-04-19 01:20:13am)

order prandin 2mg online - order generic repaglinide 1mg where to buy jardiance without a prescription

Ecwidv (Poseted On : 2024-04-19 04:14:00am)

buy glucophage sale - cost glucophage 1000mg how to get precose without a prescription

Rcrxdz (Poseted On : 2024-04-21 18:13:28pm)

lamisil 250mg over the counter - griseofulvin drug grifulvin v drug

Bpgiiy (Poseted On : 2024-04-22 05:08:37am)

semaglutide tablet - buy glucovance no prescription purchase DDAVP sale

Mtjzhq (Poseted On : 2024-04-23 21:49:15pm)

ketoconazole pill - order sporanox sale sporanox 100mg oral

Ioxbtg (Poseted On : 2024-04-25 06:34:50am)

purchase famciclovir without prescription - buy acyclovir 400mg online valcivir 500mg oral

Zqjuho (Poseted On : 2024-04-25 23:26:11pm)

order digoxin 250 mg online cheap - avapro 300mg over the counter order lasix 100mg pill

Wzrnhy (Poseted On : 2024-04-28 01:22:29am)

buy microzide 25 mg online - order lisinopril 5mg online bisoprolol 5mg canada

Bnqmpe (Poseted On : 2024-04-28 09:52:28am)

buy metoprolol medication - inderal sale order adalat online cheap

Vejmuf (Poseted On : 2024-04-30 01:32:50am)

buy nitroglycerin sale - cheap combipres how to buy diovan

Usriue (Poseted On : 2024-05-02 03:22:40am)

zocor patience - lopid exhaust atorvastatin double

Apxxfx (Poseted On : 2024-05-02 17:20:28pm)

crestor pills shove - pravachol online counter caduet grace

Elwdac (Poseted On : 2024-05-04 23:59:41pm)

viagra professional online wind - malegra normal levitra oral jelly ball

Bzlulv (Poseted On : 2024-05-06 09:26:15am)

dapoxetine warmth - viagra plus occur cialis with dapoxetine lay

Lhpxka (Poseted On : 2024-05-07 14:16:09pm)

cenforce bell - cialis pill brand viagra pills mistaken

Etjjxm (Poseted On : 2024-05-09 00:38:03am)

brand cialis track - forzest foe penisole elf

Rhgmsd (Poseted On : 2024-05-11 00:21:31am)

cialis soft tabs century - cialis soft tabs shell viagra oral jelly dad

Tfegaj (Poseted On : 2024-05-11 12:50:22pm)

brand cialis allow - forzest drop penisole wait

Dxbbtq (Poseted On : 2024-05-13 20:41:05pm)

cialis soft tabs more - caverta pills recollect viagra oral jelly online front

Togvzp (Poseted On : 2024-05-17 20:43:43pm)

cenforce fireplace - levitra professional online office brand viagra online dean

Evpfox (Poseted On : 2024-05-18 08:40:00am)

dapoxetine sea - aurogra world cialis with dapoxetine property

Azglsx (Poseted On : 2024-05-19 15:40:05pm)

acne treatment someone - acne treatment clumsy acne treatment stare

Eqhlty (Poseted On : 2024-05-20 01:08:29am)

inhalers for asthma ice - asthma medication pocket asthma medication snort

Eojmep (Poseted On : 2024-05-21 12:08:34pm)

treatment for uti purchase - uti antibiotics utter uti antibiotics watcher

Mhddvx (Poseted On : 2024-05-21 21:56:31pm)

prostatitis pills attitude - prostatitis pills year prostatitis pills doom

Cgviuk (Poseted On : 2024-05-23 10:55:18am)

valacyclovir float - valacyclovir trifle valtrex relate

Gklneu (Poseted On : 2024-05-23 21:17:09pm)

claritin pills along - loratadine medication torch loratadine medication forehead

Hxamsa (Poseted On : 2024-05-26 20:36:38pm)

claritin pills different - loratadine foreign claritin pills supper

Tjhlbr (Poseted On : 2024-05-26 23:57:20pm)

dapoxetine ready - dapoxetine point dapoxetine improve

Oqoiol (Poseted On : 2024-05-30 00:53:22am)

promethazine bunch - promethazine involve promethazine apple

Ecstac (Poseted On : 2024-05-30 09:44:26am)

ascorbic acid respond - ascorbic acid droop ascorbic acid peaceful

Kiwrta (Poseted On : 2024-06-01 10:25:32am)

clarithromycin detail - cytotec dog cytotec pills prevent

Cwnjmb (Poseted On : 2024-06-01 21:37:38pm)

fludrocortisone fish - pantoprazole appoint lansoprazole farewell

Yubkrh (Poseted On : 2024-06-05 23:44:17pm)

buy dulcolax 5 mg generic - order imodium generic buy liv52 10mg

Kltnnt (Poseted On : 2024-06-06 07:43:46am)

buy rabeprazole 20mg pills - aciphex cost order generic motilium 10mg

Vjdqra (Poseted On : 2024-06-08 13:55:10pm)

order generic bactrim - cotrimoxazole 960mg brand order tobrex without prescription

Ppebfh (Poseted On : 2024-06-09 05:50:31am)

hydroquinone online - brand cerazette 0.075 mg duphaston 10mg pill

Xykvbt (Poseted On : 2024-06-10 16:22:54pm)

dapagliflozin 10 mg without prescription - order precose 25mg sale order generic precose 50mg

Uwwfay (Poseted On : 2024-06-11 06:17:16am)

brand griseofulvin - buy lopid generic buy gemfibrozil 300mg

Lgyqlh (Poseted On : 2024-06-13 02:02:44am)

enalapril 10mg drug - buy zovirax no prescription order generic latanoprost

Lbfwvs (Poseted On : 2024-06-13 05:43:28am)

dramamine 50 mg cost - buy cheap generic actonel order actonel pills

Optqqt (Poseted On : 2024-06-15 05:09:38am)

purchase monograph generic - pletal tablet cost cilostazol

Lqdaot (Poseted On : 2024-06-15 12:05:40pm)

purchase feldene online - order rivastigmine 3mg online cheap rivastigmine

Related Blogs

tag:OPC

blogid:1623409432

OPC-Annual Filing

Learn More

tag:Annual Filling

blogid:1623409180

Annual Filing of Forms by Companies

Learn More

tag:Annual Filling

blogid:1623409432

OPC-Annual Filing

Learn More

Newsletter

Subscribe to our newsletters and get latest updates.

Request A Call Back

Category

Popular Posts

FAQs on exemption u/s 80IAC of Income Tax Act

Learn More

Step to register and avail the deduction us 80IAC

Learn More

Tax Exemption u/s 80IAC of Income Tax Act to Startup in India

Learn More

Can a Designated partner be appointed without having made any investment in the LLP in form of 'Contribution'?

Learn More

A Step-by-Step Guide to Issuing ESOPs for Startups in India under the Companies Act, 2013

Learn More

Demystifying ESOPs: Employee Stock Ownership Plans Explained in Layman's Terms

Learn More

If a company does not have MSME registration gain it still file for receiving its outstanding under the MSME act?

Learn More

What happens when both or all the directors of the company resign from the board of directors of the company?

Learn More

Statutory Registers under the Companies Act, 2013

Learn More

Recognition Guidelines for Startups:

Learn More