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Closure of One Person Company

Starting at Rs. 15,000/-* only

Closure of OPC

One Person Company is a business entity run by a sole owner with the benefit of limited liability. One Person Company is a separate legal entity from its members, offering protection to its shareholders.
Every One Person Company must nominate a member for the Directorial position in the MOA/AOA, in case of absence of the prime Director.


Closing of One Person Company is either voluntary or by the tribunal. Any One Person Company, which has been inoperative for more than a year from its date of incorporation, can apply for closing of the Company.
It is necessary to file closing application with the Registrar as it needs to be updated and the Company is free from all legal compliances and officially closed.


Filing of a company closure is done under Form STK 2 (previous form was FTE) with the government prescribed fees and some essential documents. However it is important to remember the circumstances where closure can be filed. A Company closure can be filed according to the following steps:

Documents required for strike-off of company


1. Drafting of documents
2. CA assisted Filing of application with Registrar
3. Stamp duty charge upto Rs. 700*
4. Government fees
5. Follow-up with ROC
6. Notary charges to be borne by applicant


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Frequently Asked Question

When existence of the Company as a legal entity comes to an end it is known as the Closure of OPC.

– Closure of the OPC is done voluntarily and is done through the fast track exit scheme.
– Winding up of the company may be voluntary or by the order of the Court by appointing an official liquidator to monitor the process of winding up.
– Dissolution is initiated by the Court for ending the legal existence of the Company.

It is necessary to file Closure with the ROC as ROC or MCA data base need to be updated and the OPC is free from all its legal compliances as it is officially closed.
Even though business of the company is closed, unless closure documents are filed and approved by the ROC, company is not legally closed and the OPC needs to file all the regular returns.

FTE is a company closure scheme initiated by MCA for easy and faster closure of One Person Company. 

Any OPC which has been inoperative for more than 1 year from the date of its incorporation can apply for Closure under FTE scheme.

Application for Striking off of the OPC, Board Resolution for closure, Consent of Directors, Director’s Affidavit, Indemnity Bond, Statement of Assets and Liabilities.

The Form has to filled be filed with ROC office within 30 days from the date of Signing of the Statement of Assets and Liabilities.

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