Annual Returns Filing for One Person Company

One Person Company has to comply with Annual Requirement of RoC and Income Tax just like normal Private Limited Company. Every OPC shall prepare proper financial statement after the closure of every financial year. The financial statement has to be signed by one Director and a Practising Chartered Accountant duly. The report of Board of Directors has to be attached with financial statement.

Board of Directors Report of OPC means a report containing explanations or comments by the Board on every qualification, reservation or adverse remark or disclaimer made by the auditor in his report.

EXEMPTIONS AVAILABLE FOR OPC UNDER COMPANIES ACT, 2013

  • Section 96. Option to dispense with the requirement of holding an AGM
  • Section 98. Power of Tribunal to call meetings of members
  • Section 100. Calling of extraordinary general meeting
  • Section 101. Notice of meeting
  • Section 102. Statement to be annexed to notice
  • Section 103. Quorum for meetings
  • Section 104. Chairman of meetings
  • Section 105. Proxies
  • Section 106. Restriction on voting rights
  • Section 107. Voting by show of hands
  • Section 108. Voting through electronic means
  • Section 109. Demand for poll.
  • Section 110. Postal ballot
  • Section 111. Circulation of members’ resolution

WHAT IS INCLUDED IN OUR PACKAGE?

  • Section 96. Option to dispense with the requirement of holding an AGM
  • Section 98. Power of Tribunal to call meetings of members
  • Section 100. Calling of extraordinary general meeting
  • Section 101. Notice of meeting
  • Section 102. Statement to be annexed to notice
  • Section 103. Quorum for meetings
  • Section 104. Chairman of meetings
  • Section 105. Proxies
  • Section 106. Restriction on voting rights
  • Section 107. Voting by show of hands
  • Section 108. Voting through electronic means
  • Section 109. Demand for poll.
  • Section 110. Postal ballot
  • Section 111. Circulation of members’ resolution