OPC Annual Return

Every registered company in India must file annual returns with ROC every year. These companies can be private limited, limited company, or one person company. OPC is required to keep annual accounts with the ROC and hold an annual general meeting (AGM). A company must file the following 3 forms with the ROC:

Get Free Consultation

Please note: Your Information is secured. We do not share it with anyone.

Required Documents

We know the struggle one goes through while managing both the business and no. of tax compliances. Your worries are over here! I Connect Financial Solutions do these for you; you just need to handover the required documents and provide necessary information to us. You can concentrate on business while we will take care of accounting, statutory audits, Tax audits, filing annual returns, ITR filing, GST returns, TDS returns all sorts of registrations and returns will be filed before due date not letting you pay single penny as penalty.

What are you waiting for? Get associated with most trust worthy and renowned CA firm in Pune backed with team of expertise who will guide you and help you throughout your professional journey.

JOIN IN NOW!! FOR HASSEL FREE, COST & TIME EFFECTIVE ANNUAL RETURN FILING PROCESS & CONTINUES LEGAL GUIDANCE JUST ONE CALL AWAY!!

Steps for OPC Annual Return

1
Step 1
Provide basic Information
Step 1
2
Step 2
Submit the documents
Step 2
3
Step 3
Director’s Report, Notices and Forms are prepared
Step 3
4
Step 4
AOC4, MGT7 & ADT1 filed
Step 4
5
Step 5
Receive the Acknowledgement
Step 5
6
Step 6

OPC Annual Return

Every registered company in India must file annual returns with ROC every year. These companies can be private limited, limited company, or one person company. OPC is required to keep annual accounts with the ROC and hold an annual general meeting (AGM). A company must file the following 3 forms with the ROC:

  1. MGT7: Details of the transfer of shares during the year, details of shareholding structure and change in directorship are contents in this form. It should be filed every year within 60 days from the date of AGM
  2. AOC4: Contains details and annexure relating to Balance Sheet of the company, Profit & Loss Account, Registered Office Address, Compliance Certificate, details of Shares & Debentures, Register of Members, information about the management and Debt details. It should be filed every year within 30 days from the date of AGM
  3. ADT1: Appointment for Auditor in OPC

Annual return consists of all the above mentioned information. OPC has to conduct minimum 2 board meetings and 1 AGM.

Annual Compliances for OPC

  • Appointment of Auditor: OPC must appoint an auditor within 30 days of incorporation for auditing statements of the company
  • Financial Statements: It should contain information about Balance Sheet, Profit & Loss Account, Auditor’s Report, etc.
  • Income Tax filing: If turnover is more than Rs.1 crore, then filing income tax is mandatory and the last date for filing income tax is 30th September every year
  • GST Returns: GST returns needs to be filed by 15th or 20th day of every month
  • Company Stationery
  • Bank Account: OPC has to open a current bank account in their company’s name
  • Statutory Register and Records: It contains Register of Contracts, Register of Charges at registered office of the company
  • Penalties in failure of Non-Filing Return:

In case of failure of non-filing the return, will lead to pay heavy penalty and fees charged by MCA. The amount of penalties and fees are high compared to the other nominal charges and are unavoidable.

What You Get

Set as per the turnover (prices and packages)

  • Accounting Services (on monthly or yearly basis)
  • Preparation of Computation
  • Preparation of Financial Statement
  • Preparation of Audit Report
  • Preparation Board Resolutions
  • ITR Filing
  • MCA Compliance
  • Directors Report Filing

( Note -Fee Will be Depend on Turnover  and actual work )

Frequently Asked Questions

  1. Does OPC need to file returns even if it has not done any business since incorporation?
    • Yes, OPC has to file returns even if it has not done any business since its incorporation
  1. What is the due date for filing OPC annual returns?
    • The first annual return of OPC has to be filed on/before 30th December of the next year from the date of Incorporation and the subsequent annual filing is due on 30th September, of same year in which the company’s financial year ends
  1. Who is responsible for OPC return filing?
    • The Company and Directors are responsible to file the annual returns of the OPC
  1. How to check OPC annual return filing status?
    • The annual return filing status reflects on the Master Data of the company on the MCA i.e. Ministry of Corporate Affairs website
  1. Is audit compulsory for OPC?
    • Yes, audit is mandatory irrespective of the turnover/capital of OPC, under the Companies Act,2013
  1. Is digital signature required for annual return filing?
    • Yes, digital signature of the director is mandatory to file the annual return filing
  1. How many board meetings OPC conducts?
    • An OPC is required to conduct at least 2 Board meetings and 1 annual general meeting.
  1. What are the contents of Form AOC4?
    • Contains details and annexure relating to Balance Sheet of the company, Profit & Loss Account, Registered Office Address, Compliance Certificate, details of Shares & Debentures, Register of Members, information about the management and Debt details. It should be filed every year within 30 days from the date of AGM.
  1. Do we need to appoint auditor for OPC?
    • Yes, OPC is require to appoint auditor by filing Form ADT1 for appointment of auditor.
  1. If you still have any query?
    • Kindly contact us on (mobile no.) or (email id)

Get Free Consultation

CA/CS Assisted | 4.8/5 Rating

Don't Take Our Word For It

Trusted by 3000+ customers across India & Highest Rated Legal service provider.

Sushma
Sushma
Read More
I hired her for Import Export Code N Project Report N Apeda Registration there is no body Provide Apeda Registration in Pune that Provided By I Connect. I got to much help for my Dreams come True By I Connect
Pranav Tak
Pranav Tak
Read More
I hired for company incorporation they provide the best quality of service they collect all the documents online by mail n by sending to staff within 8 days I have incorporate my the company by helping of Puja and Amit Thank You
Sangeeta More
Sangeeta More
Read More
I connect is a professional CA and has helped me in my professional as well as personal works. She is very prompt and true to his work. She has always given me value additions and valuable advices which proved to be very much useful
Ajinkya Suryawanshi
Ajinkya Suryawanshi
Read More
If you want a professional and knowledgeable CA, hire I Connect !! She's been helping me with income tax filing for the past 3 years, and I have had no issues with her! She's an affordable financial consultant and is always available on call to answer my doubts and queries! Kudos to her!!
Previous
Next

More Questions? Seek Help of an Expert

Call us at: +91 9405393959 or Email us: iconnectfinance@gmail.com

Get Experts Advice

Request A Callback

Please note: Your Information is secured. We do not share it with anyone.

CA/CS Assisted | 4.8/5 Rating

× How can I help you?