Cleanly wind down an OPC you no longer need.
A One Person Company that has stopped operating should be formally closed to end its statutory obligations and prevent accumulating penalties. Like other companies, an OPC is closed through a voluntary strike off under Section 248 by filing Form STK-2 with the MCA. The company must have no outstanding liabilities, must have closed its bank accounts, and must complete any pending annual filings before applying. The sole member's approval, a statement of accounts, an indemnity bond and an affidavit are required. Once the Registrar is satisfied and the public-notice period lapses, the OPC's name is struck off the register and it ceases to exist.
Sole owners of dormant or inactive One Person Companies.
Timelines and government fees are indicative and subject to processing by the relevant authority. Approval and its timing are decided by the authority and cannot be guaranteed.
Yes. All overdue AOC-4 and MGT-7A filings must be done before applying for strike off.
The member's consent is the key requirement; the nominee's role ends with the company.
Typically 3–6 months, including the MCA's mandatory public-notice period.
Tax Guider — A unit of Corpzen Advisors Private Limited, Chennai, Tamil Nadu.
+91 86950 08695 · info@taxguider.in · Mon – Sat · 10:00 AM – 7:00 PM