https://www.taxtmi.com/article/detailed?id=14627 The obligation to file annual returns and financial statements continues for One Person Companies even when registered as dormant. Dormant OPCs must apply for dormant status using Form MSC-1, prepare statements showing no transactions, file Form MGT-7 and Form AOC-4 (or simpler applicable forms), pay filing fees, and retain acknowledgements. Timely compliance prevents penalties, striking off, loss of dormant status, and potential legal action, and facilitates future revival and access to government benefits. en-us Wed, 11 Jun 2025 09:12:49 +0530 Wed, 11 Jun 2025 09:12:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14627 The obligation to file annual returns and financial statements continues for One Person Companies even when registered as dormant. Dormant OPCs must apply for dormant status using Form MSC-1, prepare statements showing no transactions, file Form MGT-7 and Form AOC-4 (or simpler applicable forms), pay filing fees, and retain acknowledgements. Timely compliance prevents penalties, striking off, loss of dormant status, and potential legal action, and facilitates future revival and access to government benefits. Articles Corporate Laws / IBC / SEBI Wed, 11 Jun 2025 09:12:49 +0530 https://www.taxtmi.com/article/detailed?id=14627