One Person Company (OPC) is compulsorily needed to keep up compliance as per revenue enhancement Act and corporations Act. Hence, maintaining compliance for a one Person Company a one includes filing of revenue enhancement come with the revenue enhancement Department and annual come with the Ministry of company Affairs.
Opening OPC Bank Account
- Self-attested copies of OPC Certificate of incorporation.
- Memorandum of Association of OPC.
- Articles of Association of OPC.
- Resolution to open bank account for Company.
- Copy of PAN allotment letter;
- Copy of the telephone bill;
- Identity proof of the Director.
Step 1: choose PAN Search tab below Compliance Check for Section 206AB & 206CCA practicality.
Step 2: Enter valid PAN & captcha code and click on Search.
Step 3: Click the PDF icon to transfer the main points in PDF format. Following Output result are displayed upon getting into a legitimate PAN & captcha code.
OPC is required to file an ROC Annual Return within 60 days.. ROC Annual Return will be determined from first April to 31st March in MGT-7 form. There is a penalty of Rs 100/ – every day in case of non fulfillment .
Some of the most important corporations worldwide like eBay and Amazon began being a one person start-up with one tech-savvy founder. Jeff Bezos, founder and chief operating officer of Amazon.com was a pc engineer World Health Organization determined to depart Wall Street to begin a web bookshop out of his garage.