Winding up of OPC
Winding up of OPC, Dial ✆ +91 6350652776
Simplify the process and bid farewell to your OPC hassle-free with Vakilify's expert guidance.
Benefits
Convenient Closure
The Companies Act offers a streamlined process for closing a one-person company (OPC), eliminating the need to wait for specific closure windows.
Cost-Efficient
Dissolving your company through strike-offs, saves financial resources typically spent on filings and audits.
Avoid Penalties
Even if your company is inactive, compliance must be maintained to avoid penalties. Striking off the company frees you from such obligations.
Procedure
Document Preparation
• Organize and provide the required documents as per the provided checklist.
• Bank Account Closure
• Close the company's bank account if operational and obtain a closure certificate.
Documentation
• Obtain a NIL statement of accounts from a Chartered Accountant and prepare necessary documents for filing.
• Form Submission
• Submit Form STK 2 to the Registrar of Companies within 30 days of obtaining member consent for company strike-off.
Documents Required
• Copies of PAN cards for all Directors.
• Copies of Aadhar cards for all Directors.
• Certificate of Bank Account Closure for the Company.
• Copy of the Company's PAN card.
How Vakilify can assist ?
• Expert guidance on company closure.
• Legal advice on nominee selection.
FAQs
What are the essential documents required for closing an OPC?
Important documents include a board resolution for closure, director's consent, financial statements, closure application, and clearance from creditors.
What are the consequences of not properly closing an OPC?
Failure to adhere to closure procedures may result in legal repercussions, including penalties, continued compliance obligations, and potential personal liabilities for the director.
Can Vakilify assist in the OPC closure process?
Yes, Vakilify offers comprehensive support for OPC closure, guiding clients through each step, ensuring compliance with legal requirements, and facilitating an efficient closure process.
Is physical presence required for OPC closure procedures?
With Vakilify's services, most OPC closure procedures can be completed online, reducing the need for physical visits to government offices and saving time and effort.
How can I initiate the OPC closure process with Vakilify?
Simply contact Vakilify through our website or contact channels, and our expert team will provide personalized guidance and support to initiate and complete the OPC closure process efficiently.