OPC ROC Compliance AMC
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ROC Compliance
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The most important ROC compliances for OPC is yearly Annual return filing, issue of Share certificate, maintenance of Statutory registers and minutes book.
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- OPCs have many compliance exemptions in comparison to Private limited companies. However, basic compliances as given in new companies Act is a must. Many OPC are unable to keep up with the filing due dates and end up paying heavy penalties.
We believe in strong follow-up and reminder system to ensure that your filings are done on time. - Every Entrepreneur has to focus on the business and leave the legalities to able and trusted hands. Thousands of Startups have trusted Startupwala for their legal needs.
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There are many privileges for a OPC in comparison to a Private Limited company, in terms of exemptions for single director OPC from maintenance of Minutes book, Statutory registers and Annual general meeting.
- Filing of Annual returns via Form MGT 7 & Form AOC 4
- Maintenance of Minutes book for multiple director OPCs
- Maintenance of Minutes book and Statutory registers
- Timely issue of Share certificates
- Yearly Disclosure of Interest by Directors
- ROC Filing for Event based compliances as given below
- Issue or new Allotment of Shares
- Change of name and Main objects of the Company
- Appointment & Resignation of Directors
- Transfer of Shares
- Appointment of MD or CEO
- Change in the Registered Office
- Change in the Authorized Capital/ Paid-up Capital
- Charge registration upon taking secured loan
- Drafting Resolutions for various meetings
- Changes in DIN.
In case of a single director OPC company Board of director meeting is exempted. However, in case of a OPCs having more than one director, board of directors meeting to be held as per provisions of the Companies Act 2013.
No, as there is a single shareholder in an OPC, there is no need of an AGM.