Attention all concerned parties: It’s time for a reminder regarding the filing requirements for OPCs (One Person Companies). Please remember to file Form AOC-4 before the upcoming deadline, which is 27th September for FY 2024-25. Make sure you’re prepared to avoid any late fees or issues!
Companies that file their financial statements with the government use Form AOC-4 in the annual return. It comprises information like the balance sheet, statement of profit and loss, and other key financial information for the financial year. Filing the same form within time supports ensuring clarity, proper record-keeping, and compliance with statutory requirements.
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The mandate applies to all OPCs, whatever their turnover or level of activity is. The filing obligation of Form AOC-4 will remain if a company has low or no business in the year. An additional fee shall be imposed for every one day of delay. Such a penalty with time shall become costly and directed to legal consequences for non-compliance.
Required Document List with AOC-4
- Balance Sheet and Notes to Accounts
- Statement of Profit & Loss and its Notes
- Cash Flow Statement
- Statement of Changes in Equity (if applicable)
- Auditor’s Report for the FY
- Board’s Report or Director’s Report
- Statement of Subsidiaries (Form AOC-1), if the company has any subsidiaries
- Corporate Social Responsibility (CSR) Report, if CSR provisions apply to the OPC/company.
- Any other required disclosures, including related party transactions, or special statements mandated under the Companies Act, 2013.
Filing the form before the deadline helps prevent technical issues, reduces stress, and ensures that the company keeps an effective standing with the statutory authorities, banks, and investors.
