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Does a One Person Company (OPC Pvt Ltd) in India need to file annual return or any compliance document before its commencement of business (Form INC 20A) ?
Does a One Person Company (OPC Pvt Ltd) in India need to file annual return or any compliance document before its commencement of business (Form INC 20A) ?
Anjali Bansal, Practicing Company Secretary
Answered on October 09,2021
Answered on October 09,2021
Filing for commencement of business is required to be flied within 180 days from incorporation. However, there are certain important compliances that it needs to comply immediately after its incorporation. Hence, they need to comply with that. As far as annual return is concerned it will only happen once the financial year is over and your books are audited.
To know more in detail, please write to me at anjalibansalcs@gmail.com
Guide
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Form INC 20A : Declaration of Commencement of Business
Form INC 20A: Declaration for the Commencement of Business is the declaration that the Director of the Company needs to file with the Registrar of Companies. This declaration is filed in For..  Click here to get a detailed guide