Faster, easier and secure gateway to e-file income tax return

Annual Compliances – OPC
(Includes ITR Filing and other compliances)

Annual Compliance filing for a One Person Company

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  • Accurate
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  • Safe

  • We understand the needs of your business.

Get the right answer to your tax questions!

Worried about income tax? We can help!

About This Plan

One Person Company is a new structure of company where all the responsibilities of operation and managing the business lies solely with one person who is the member cum director of the company. It contains the benefits of both sole proprietorship as well as a company. The annual compliances of every OPC involves complete holding of their annual requirements. At Allindiaitr we shall provide you with full assistance in how to draft a contract, appoint an auditor, legal agreements and other secretarial services.

Prices may differ according to your bank entries, sales/turnover. The applicable price shall be informed to you by out tax expert during consultancy.

Services covered under this plan
  • Making legal agreements
  • Making Consultant agreements
  • Secretarial services
  • Director disclosure
  • Appointment of Auditor
  • Form ADT-1
  • Form AOC-4
  • Form MGT-7
Who can buy this plan?

Every One Person Company.

How the Plan works?

  • Buy the Plan
  • Upload the required documents
  • A Tax expert shall be assigned for the procedure of submission of the application.
  • All the work shall be handled and completed by the tax expert with on-call assistance during business hours

Information menu

Documents Required
  • Purchase/sale Invoices
  • Expense invoices
  • Copy of TDS challans deposited(if any)
  • Copy of TDS Returns(if any)
  • Copy of VAT or Service Tax returns filed (If Any)
  • Bank Statement from 1 April to 31 March for all bank accounts in the name of Company
  • Credit Card Statements if Expenses are incurred by Director on behalf of Company

FAQs

Is there any limit of capital required to start an OPC?

Yes, A minimum of 1 lac is required as the capital to start an OPC. Hence, there is a limit on the minimum capital.

What are the minimum requirements for an OPC?

The minimum requirements for an OPC are:

  • Minimum shareholder - 1
  • Minimum nominee - 1
  • Minimum Director – 1
  • Minimum Capital required – INR 1 Lac
  • DIN for all the directors
  • DSC for all the directors
  • The director and shareholder might or might not be the same person
Does and OPC hold an Annual General Meeting?

An OPC is exempted from holding a Annual General Meeting.

What is the process of incorporation of a one person company?

After the approval from the Registrar of Companies (ROC) for the name of the company, one has to file all the documents of Incorporation with the ROC.

Next, the e-forms have to be uploaded online after which the registration fees has to be paid.

Once the above methods are applied, you shall receive the Incorporation Certificate.

What is a One Person Company(OPC) and how is it different from an ordinary private limited company?

One Person Company is a new type of business entity. A private limited company can be formed with a minimum of two directors and shareholders. The directors and shareholders can be same individuals. One person company does away with the requirement of minimum two shareholders. It allows a single entrepreneur to get his business registered as a company and get limited liability protection.

Can a One Person Company converted into Private Limited Company?

Yes, it can be converted into Private Limited Company, if the One Person Company has exceeded the threshold limit by filing necessary forms.

For enquiries, call us on

:1800 419 9661