Annual Compliance for One Person Company (OPC) in India

A One Person Company (OPC) is a unique business structure in India, allowing a single entrepreneur to operate a registered company with limited liability. While OPCs offer operational flexibility, they are also bound by annual compliance requirements under multiple Indian laws like the Companies Act, 2013, Income Tax Act, 1961, Goods and Services Tax (GST) Act, and PF & ESI regulations.

Fulfilling these obligations ensures legal compliance, protects business credibility, and helps avoid penalties and disqualification of the company or its sole director.

❊ Annual Compliances Under Companies Act, 2013

Compliance	Description	Due Date	Penalty for Delay
Appointment of Auditor (Form ADT-1)	Appoint a statutory auditor for 5 years	Within 30 days of incorporation	₹300 per day
Annual Return (Form MGT-7A)	OPC-specific return detailing company structure	Within 60 days of AGM	₹100 per day
Financial Statements (Form AOC-4)	Filing audited financials with ROC	Within 180 days of financial year-end	₹100 per day
Board Meeting	At least one meeting per half-year (minimum gap 90 days)	Throughout the year	₹25,000 per defaulting officer
Annual General Meeting (AGM)	Not applicable for OPC	Not applicable	Not applicable
Director’s Report	To be attached with financial statements	Before AOC-4 filing	NA

❊ Annual Compliances Under Income Tax Act, 1961

Compliance	Description	Form	Due Date	Penalty
Monthly/Quarterly GST Returns	Filing GSTR-1, GSTR-3B	GSTR-1, GSTR-3B	11th & 20th of next month / QRMP dates	₹50/day
Annual GST Return	Summary of yearly GST data	GSTR-9	31st December	₹200/day (₹100 CGST + ₹100 SGST)
GST Audit (if applicable)	Audit if turnover exceeds ₹5 crore	GSTR-9C	31st December	₹25,000–₹1 lakh

❊ Annual GST Compliances

Compliance	Description	Due Date	Penalty
GSTR-1 (Sales Return)	Monthly/Quarterly outward supply statement	11th of next month / 13th of quarter	₹50 per day (₹5000 max)
GSTR-3B (Summary Return)	Tax summary and payment filing	20th/22nd/24th of next month	₹50 per day
GSTR-9 (Annual Return)	Applicable if turnover exceeds ₹2 crore	31st December following FY	₹200 per day

❊ PF & ESI Compliances (If Applicable)

Compliance	Description	Due Date	Penalty
PF Return	Monthly ECR (if ≥ 20 employees)	15th of every month	12% p.a. interest + ₹5,000–₹25,000 penalty
ESI Return	Bi-annual return (if ≥ 10 employees earning below ₹21,000/month)	May 11th & Nov 11th	12% p.a. interest + penalty

❊ Why Is Annual Compliance Important for OPC?

Avoid penalties, disqualification, and legal notices
Maintain active ROC and tax status
Enhance trust for banks, vendors, and investors
Smooth loan sanctioning and license renewals
Build a credible, compliant business entity

❊ OPC Annual Compliance Calendar

Month	Compliance	Due Date(s)
April – March	Board Meetings	15th June, 15th Sept, 15th Dec, 15th Mar
Quarter 2	Advance Tax	30th Sept
Quarter 3	Tax Audit (if applicable)	31st Oct
Monthly / Quarterly	Income Tax Return	11th, 13th, 20th, 24th of each month/quarter
December	GST Returns	31st Dec
April – March	GST Annual Return	15th of every month
May & November	PF Return	11th May, 11th Nov
May & November	ESI Return	11th May, 11th Nov

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Yes — OPCs must file annual returns, tax returns, and GST (if applicable).

At least 1 meeting in each half of the financial year with a minimum 90-day gap.

No — OPC is exempt from holding an AGM.

Within 180 days of financial year-end (usually 27th September).

Yes — a NIL return is still required.

If turnover exceeds ₹1 crore (₹10 crore for digital).

Only if turnover exceeds ₹40 lakh (goods) / ₹20 lakh (services).

If annual turnover crosses ₹2 crore.

₹100 per day without maximum limit.

Yes — if turnover is under ₹5 crore.

If tax liability exceeds ₹10,000 in a year.

Yes — mandatory even without turnover.

It attracts penalties, interest, and possible striking off.

Only if employee strength meets statutory thresholds.

Form ITR-6.

No — it must close by 31st March.

It is attached with Form AOC-4 during financial statement filing.

₹5,000 (before Dec 31) and ₹10,000 (after Dec 31).

Yes — by passing a board resolution and filing Form ADT-2.

To avoid legal errors, meet deadlines, and ensure expert handling.

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