OPC Annual Filing Compliance

CS Tanveer Singh Saluja | Last updated: 27 March 2022

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Quick Summary

This guide outlines the crucial annual filing deadlines for One Person Companies (OPCs) in India. It details the due dates for key forms like AOC-4 (financial statements), MGT-7A (annual return), ADT-1 (auditor appointment), and DIR-3 KYC. Understanding these deadlines is essential for maintaining compliance and avoiding penalties.

Form	Due Date
AOC-4	Within 180 days from the closure of financial year i.e., 27th September of every year.
MGT-7A	Within 60 days from the date of entry (signing) of resolution served by the member to adopt the financial statements in the minutes book. [deemed date of AGM as per section 122(3)]
ADT-1	In case where there is appointment of an auditor (in normal case) then the form shall be filed within 15 days from the date of entry (signing) of resolution served by the member to appoint an auditor in the minutes book. [deemed date of AGM as per section 122(3)]
DIR-3 KYC	30^th September of every year

OPC Annual Filing: Key Deadlines and Compliance Guide

OPC Annual Filing Compliance

Note: In no case, the due date of filing form

MGT-7A shall be later than 26^th November
ADT-1 shall be later than 12^th October

As an OPC is required to file AOC-4 within 180 days from the end of F.Y. i.e., 27^th September which clearly implies that the member has to adopt the financial statements on or before 27^th September, the date of adoption being considered as deemed date of AGM in accordance with the provisions of section 122(3).

Illustration

Date of signing minutes	Due date
Date of signing minutes	AOC-4	MGT-7A	ADT-1
10.09.2021	27.09.2021	09.11.2021	25.09.2021
25.09.2021	27.09.2021	24.11.2021	10.10.2021
27.09.2021	27.09.2021	26.11.2021	12.10.2021

Note: As the provisions of conducting AGM are not applicable to OPCs, it is to be noted that the extension of due date of conducting AGM is not available to OPCs and annual filing is to be done in accordance with the regular provisions.

Disclaimer: The author is based in Jabalpur and is a Practicing Company Secretary dealing in Corporate, Legal & Taxation services. The information contained in this write up, as provided by the author, is to provide a general guidance to the intended user. The information should not be used as a substitute for specific consultations. Author recommends that professional advice is sought before taking any action on specific issues.

The author can also be reached at cstanveersaluja@gmail.com.