OPC Annual Returns
Everything You Need to Know
What is an OPC Annual Return?
A One Person Company (OPC) is required to file its annual returns with the Ministry of Corporate Affairs (MCA) to ensure compliance with regulatory requirements. The annual return provides details of the company’s financial position, governance structure, and other compliance-related information.
Filing annual returns on time is crucial to avoid penalties and ensure the smooth functioning of the company.
Mandatory OPC Annual Returns Filings
OPC Annual Returns must file the following annual returns:
1. Form MGT-7A (Annual Return)
Contains details of the company’s structure, directors, and shareholding.
Due date: Within 60 days from the end of the financial year.
Applicable for financial years ending on March 31.
2. Form AOC-4 (Financial Statements)
Includes the company’s balance sheet, profit and loss account, and other financial details.
Due date: Within 180 days from the end of the financial year.
Eligibility & Applicability
Who needs to file? Every registered One Person Company in India.
Filing Mode: Online submission through the MCA portal.
Financial Year Consideration: The financial year for OPCs is April 1 to March 31.
Steps to File OPC Annual Returns
Step 1: Prepare Financial Statements
Ensure all financial records, including the balance sheet and profit & loss statement, are prepared and audited if applicable.
Step 2: Complete MGT-7A and AOC-4 Forms
Fill out the necessary details such as company information, shareholding details, and financial data.
Step 3: Attach Supporting Documents
Auditor’s report (if applicable)
Financial statements (balance sheet, profit & loss account)
Board resolution approving financials
Step 4: Submit Forms Online
Log in to the MCA portal.
Upload the completed forms and required attachments.
Pay the applicable fees and submit.
Step 5: Acknowledgment & Compliance Check
After successful submission, you will receive an acknowledgment from the MCA. Ensure compliance with all filing deadlines to avoid penalties.
Benefits of Timely OPC Annual Filing
✔ Avoid Penalties & Legal Issues – Stay compliant and avoid late fees.
✔ Maintain Company Credibility – Filing returns on time enhances your company’s reputation.
✔ Financial Transparency – Keeps records updated for future audits and investments.
✔ Ease of Loan & Investment Approvals – A compliant company is more likely to get approvals for loans or funding.
