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One Person Company Limited Closure

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Unlock the transformative potential of your initiatives with GHR Advisory’s registration services  one person company limited closure

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One Person Company Limited Closure

When an One Person Company (OPC) remains inactive for more than one year from its incorporation date, the owner has the option to initiate the closure process through either the standard procedure or the Fast Track Exit (FTE) scheme provided by the Ministry of Corporate Affairs. GHR Advisory offers expert guidance to OPC owners navigating this closure process, ensuring a smooth and legally compliant transition. Whether opting for voluntary winding up or following an order from the Tribunal, GHR Advisory assists in fulfilling all necessary regulatory compliances and annual return filings, facilitating a seamless closure experience.

An inactive OPC, even without engaging in business activities, is obligated to file regular regulatory compliances and annual returns unless a closure application has been submitted to the concerned Registrar of Companies.

 GHR Advisory recommends filing for the closure application promptly, relieving company members from the ongoing burden of meeting legal and regulatory obligations. By choosing our services, OPC owners can confidently navigate the closure process, benefitting from our expertise in ensuring compliance, minimizing disruptions, and streamlining the overall closure experience.

Transparent Communication

GHR Advisory maintains transparent communication throughout the OPC closure process. Clients are kept informed at every stage.

Post-Closure Support

Our commitment extends beyond the closure itself. GHR Advisory offers post-closure support, guiding OPC owners.

Our benefits

Our benefits Elevate your business to new heights with one person company limited closure
Cost-Effective Solutions
Regulatory Compliance Assurance
Efficient Closure Process
Personalized Solutions

What are the options for closing an inactive OPC with GHR Advisory?

GHR Advisory facilitates closure through both the standard procedure and the Fast Track Exit.

Is it mandatory to file annual returns for an inactive OPC?

Yes, even if an OPC is inactive, it is mandatory to file regular annual returns and comply with regulatory requirements.

How does GHR Advisory ensure compliance during the closure process?

GHR Advisory's expertise lies in meticulous compliance management. We ensure that all regulatory requirements are met during the closure process, minimizing the risk of legal complications.

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