One-Person Company and Small Company Compliance Calendar
A person company allows an individual to establish and operate a company under the provisions of the Companies Act, of 2013, this was introduced in order to encourage individuals who are capable of starting a company by their own. One-person company is also adhering to follow some guidelines and specific compliances in order to run smoothly. Compliances for the one-person company are the legal requirements that a single owner must meet. These obligations are overseen by MCA (Ministry of Corporate Affairs), as it is necessary to meet the standards of regulatory. For more details we have prepared this blog, where we will know all the applicable appliances on the one-person company, so let's move forward to explore.
Applicable Appliances
| Triggering Provisions | Detailed Provision | Statutory Timeline | Due Date | Required Form |
| Section 10A | Declaration of commencement of business | Within 180 Days from the incorporation date | Within 180 Days from the incorporation date | INC- 20A |
| Section 89(6) | Intimation of declaration received under Section 89 | Within 30 days from the receipt of the declaration by the company | Within 30 days from the receipt of the declaration by the company | MGT-6 |
| Section 90(4) | Intimation of declaration received under Section 90 | Within 30 days from the receipt of the declaration by the company | Within 30 days from the receipt of the declaration by the company | BEN- 2 |
| Rule 12A of Companies (Appointment and Qualification of Directors) Rules 2014 | Directors’ KYC by every Individual who holds a DIN | Within 6 months from the end of the financial year | 30th September | DIR – 3 KYC |
| Section 139 | Intimation regarding appointment of Statutory Auditor | Within 15 days of the appointment of an auditor | Within 15 days of the appointment of an auditor | ADT - 1 |
| Section 139(6) | Notice to the Registrar for appointment of First Statutory Auditor | Appoint within 30 days from the incorporation date | Within 30 days from the incorporation date | ADT – 1 |
| Section 140 | Intimation regarding the resignation of the Statutory Auditor | Within 30 days from the date of the resignation | Within 30 days from the date of the resignation | ADT – 3 |
| Section 117 | Filing of Resolution and agreements as specified in Section 117 (3) | Within 30 days of the passing of the resolution/entering into agreement | Within 30 days of the passing of the resolution/entering into agreement | MGT – 14 |
| Section 12 | Intimation of Change in the Registered Office | Within 30 days of the change of the address | Within 30 days of the change of the address | INC-22 |
| Order dated 22 January, 2019 issue under Section 405 | Return in respect of outstanding payments to Micro or Small Enterprise | Within 1 month from the conclusion of each half year | 31st October (For April-Sep) 30th April (For Oct-Mar) | E-Form MSME-1 |
| Rule 16 of Companies (Acceptance of Deposits) Rules, 2014 | Return of deposit or particulars of transaction not considered as deposit or both | On or before 30th June of every year | 30th June | DPT-3 |
| Section 137 | Filing of annual accounts | 30 days from the date of the AGM | Within 30 days from the date of the AGM | Form AOC-4/ AOC-4 CFS/AOC4 XBRL |
| Section 92 | Filing of annual return | To be filed within 60 days from the conclusion of AGM | Within 60 days from the date of the AGM | E - Form MGT – 7A |
| Section 184 | Disclosure of Interest by Director | In the First Board Meeting of the Financial Year and whenever there is a change in the disclosures already made | 1st Board Meeting of the F.Y. and whenever there is a change, the disclosures already made | MBP-1 |
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