Introduction

A One Person Company (OPC) is the simplest corporate structure under the Companies Act, 2013 — ideal for solo entrepreneurs who want the benefits of limited liability and a corporate identity.

However, despite having a single member and minimal administrative structure, an OPC must comply with annual ROC filings, just like any other company.

This guide by Bisways Consulting Group explains all mandatory OPC filings, due dates, director responsibilities, forms required, and penalties for non-compliance.

What Is ROC Annual Filing for OPC?

Every OPC registered in India must file annual returns and financial statements with the Ministry of Corporate Affairs (MCA). These filings ensure transparency, accuracy, and regulatory compliance under the Companies Act.

OPC filings include:

• AOC-4 (Financial Statements)

• MGT-7A (Annual Return)

• DIR-3 KYC (Director KYC)

• ADT-1 (Auditor appointment/reappointment)

• MBP-1 & DIR-8 (Director disclosures)

With structured reporting and strategic insight, a vCFO becomes a long-term financial partner to business owners.

Key ROC Forms for OPC – Explained

1. Form AOC-4 – Filing of Financial Statements

Filed annually to submit:

• Balance Sheet

• Profit & Loss Account

• Notes to Accounts

• Auditor’s Report

Due Date: Within 180 days from the end of the financial year (i.e., 27th September for FY ending 31st March).

2. Form MGT-7A – OPC Annual Return

MGT-7A is a simplified annual return specifically for OPCs and small companies.

It contains details of:

• Shareholder information

• Company structure

• Directors & meetings

• Share capital

• Loans & related-party transactions

Due Date: Within 60 days from the filing of AOC-4.

3. Form DIR-3 KYC – Director KYC

Every director with a DIN must file Director KYC annually through:

• DIR-3 KYC (if filing for the first time)

• DIR-3 KYC-Web (for subsequent years)

Due Date: 30th September every year.

4. Form ADT-1 – Auditor Appointment

Filed at the time of auditor appointment or reappointment for a period of 5 years.

Due Date:Within 15 days of AGM or Board resolution.

5. Director Disclosures – MBP-1 & DIR-8

• MBP-1: Disclosure of interest in other entities

• DIR-8: Declaration of non-disqualification

These must be submitted annually by the director.

Compliance Timeline for OPC

Penalty for Late Filing

Failure to file ROC forms leads to heavy penalties:

• ₹100 per day per form, without any upper limit

• Director disqualification possible for serious defaults

OPCs must adhere to due dates to avoid unnecessary financial and regulatory consequences.

Why Annual Filing Is Important for OPCs

• Maintains active compliance status

• Prevents heavy penalties

• Builds corporate credibility

• Helps in future loan applications

• Keeps DIN status active

• Ensures proper financial record-keeping

Director Responsibilities in OPC

The single director/member must ensure:

• Timely filing of AOC-4 and MGT-7A

• Annual preparation of accounts and audit

• Maintaining statutory registers

• Ensuring DIR-3 KYC compliance

• Appointment of auditors

• Annual disclosures and meeting documentation

Even though OPCs are simpler, non-compliance rules are equally strict.

Conclusion

Managing an OPC comes with streamlined operations, but compliance obligations remain mandatory. Filing AOC-4, MGT-7A, DIR-3 KYC, and other statutory requirements on time ensures legal validity and financial transparency.

Bisways Consulting Group offers complete OPC compliance support — from preparing financial statements to filing all ROC forms — ensuring effortless and penalty-free compliance for entrepreneurs.