A One Person Company is defined as an association with only one member. OPC (One Person Company) has fewer Legal compliance obligations than other types of organizations, such as a Private Limited Company, Public or even a Limited Liability Partnership, so the cost of OPC Annual Compliance is not as high as compared to other
An OPC is required to File two annual forms, MGT 7A and AOC 4, each year.
Following are main compliance which is a mandatory thing for Every OPC:
Requirement for Compliances Filling
Audited Financial Statements