For One Person Companies
A One Person Company is still a company. Every company filing applies to you.
The word one makes people think an OPC is a small thing to run. It is a company. It is audited at any turnover and it files with the Registrar of Companies every year, exactly like a Private Limited company. What is lighter is the machinery: a shorter annual return, no annual general meeting, one director instead of two. We keep the books and do every filing, and we message you before each date. With one owner, there is nobody else to notice a missed one.
- Every filing is checked before you approve it
- A reply the same working day
- One fixed fee a month
What is different for you
The rules that apply because of how you are registered.
An audit at any turnover.
Same as any company. Being the only owner changes nothing here.
ROC filings every year, trading or not.
The annual accounts and a shorter annual return. On these the late fee is ₹100 a day per form, with no upper limit.
No annual general meeting.
A real relief. The decision goes into the minute book instead.
A nominee, named from the start.
An OPC names the person who takes over if something happens to you, with their consent on record. If that person changes, it is a filing.
The first-year forms still apply.
You appoint your first auditor with Form ADT-1 and declare that business has started with Form INC-20A. The same short deadlines as any company.
Director KYC, once every three years.
The form is DIR-3 KYC Web, due by 30 June every third year and within 30 days of a change of your details. There is one of you, so there is nobody to remind you. We do that.
What we do for you
Every month, this is what we take over.
- Books every month. With a clean line between company money and your own. That line is the thing most often blurred in an OPC.
- GST, TDS and the company's income tax return. Prepared and filed once you approve.
- Every ROC form, tracked and filed. Annual accounts, annual return, director KYC and any change during the year.
- Your auditor gets closed books. That is what keeps a one-owner audit from turning into a month of questions.
- Notices come to us. Forward whatever arrives on WhatsApp. That is one less thing to track alone.
With one owner there is no colleague to catch a missed date. That is the real risk of an OPC, and it is the part we take over.
Software does the routine work. Our team reviews every return. You approve, then we file. How it works
Read more
The filings that matter most for you.
Questions
Things people in your position ask.
Is an OPC audited even with no revenue?
Yes. An OPC is a company under the Companies Act, and every company is audited whatever its turnover. An OPC that sits idle still costs you an audit and two yearly filings.
What is different from a Private Limited company?
Less machinery, not fewer filings. An OPC files a shorter annual return, holds no annual general meeting, and can run with one director. The audit, the annual accounts, the director KYC and the first-year forms are all the same.
Can I take money out of the company whenever I want?
You can, but how you take it decides the tax. Salary, loan and dividend are each treated differently. We keep company money and your drawings separate in the books, so the treatment is clear and the first audit stays simple.
My nominee has changed. What do I do?
Tell us. It is a filing with the Registrar of Companies, not a note in a drawer. We will do it.