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What is Closing a One Person Company (OPC)

One Person Company is forward thinking concept where promotes the incorporation of micro-businesses and persons with entrepreneurial dreams but has no time, resources or means to get more partners to execute the business plan. It can be considered as the combo of Sole proprietorship business model and the normal company legal entity business model, where the OPC company would enjoy the best of two worlds. The system is based on the companies Act 2013, where it was made possible for a single person to act as a company without the complexity of having partners. Such encouraging more people to come forward to start business. In One Person Company the person has Limited Liability for the shares he hold in the company he/she incorporated while operating an incorporation given in this case there is only sole shareholder.

Incase the company is not shutdown properly then the company must be spending money on compliances and standard audit related filings on yearly basis to stay legal for no proper reason, hence to avoid this many not functioning model companies are advised to do a proper closure for the well being.

Under the Provisions of Company Act 2013, it is recommended by the government that if a company is not considered to be functional and profitable and the team behind is not willing to continue it is recommended to close the company instead of letting it exist without proper legal documentation standards.

At Unilex Consultants we provide you a hassle free closure process which would be dealt by our professionals within a time frame of 30-40 working days and is subjective to governmental processing time. Our team takes care of the documentation and aids in provide you the realistic estimation of cost.

Advantages of closing a Company

Compliance Free

There is no need of sticking on the track to stay compliant as the company would be dissolved anyway.

No Penalty

Once the closure is initiated there is no need of the company to be worried about being in a state to pay the penalty fee for the unaddressed causes.

Appropriate Business

If the business which you have chosen is not running and generating profits, then resources can be utilized into a better one.

Documents Required for OPC Closure

Indemnity Bond notarized by Directors (STK 3).

Latest financial statements

Statement of Accounts containing assets & liabilities of the Company

Affidavit in Form STK 4 by every Company.

Special Resolution or Consent of 75% Members.

Bank Account Closure Certificates.

PAN Card of the Company.

Board resolution for closure.

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All Inclusive

Drafting affidavits and supporting documents
Drafting Application
Statements of assets & liabilities


All Inclusive

Drafting affidavits and supporting documents
Drafting Application
Statements of assets & liabilities
Department follow up
Surrender of PAN
Surrender of TDS
Surrender of GST


All Inclusive

Drafting affidavits and supporting documents
Drafting Application
Statements of assets & liabilities
Department follow up
Surrender of PAN

Procedure to close a OPC


Eligibility for Strike Off

Our experts will determine, whether it is eligible for winding up under the Strike off Mode or not, this review process would get completed in 1 – 2 working days.

Document Preparation

Our team will prepare the necessary documents and get them notarized as required under the provisions for strike off Mode which will take approx 5-7 days.

Application Submission

Strike off application along with the necessary documents are submitted to the MCA, which is usually approved in about 35-40 days, subject to processing time.

Eligibility criteria for closing a OPC

  • The company applying under FTE should not have any asset and liability.
  • The company should not have commenced any business activity or operation since incorporation or at least one year must has been passed since last business activity or operation.
  • The Company has duly filed all the financials to the ROC, till the time of its closure.

FAQ’s About Closing a One Person Company (OPC)


Satisfied Entrepreneurs


Team strength

00 years+

Professional Experience


Services delivered


Well with highly qualified professionals in our team along with the technology gives edge over others, as a result highly rated professional services with full customer satisfaction is assured. We help to grow and manage your business letting you to concentrate on your business.

Unilex is registered with the Ministry of Micro, Small & Medium Enterprises (MSME), a part of Government of India.

Unilex is a ISO certified body, assuring the quality professional services to aspiring startups

Subject to our terms and conditions, money back is guaranteed if we failed to give 100% customer satisfaction

Unilex is a Google Partner. Google Partners are tasked with helping businesses market their service or products online.

Testimonial Slider

  • “With a proficient team of professionals, Unilex provides a ready solution for every business related problem and never compromises on the final quality of services provided”. Navnit Kachalia
    Chairman and Managing Director, Navnit Group of
    Companies, Mumbai

  • “Getting your work done through Unilex is surely giving it in safe hands. Without a second thought, get associated with them”.

  • “Unilex has its unique way of meeting all your legal compliances and that too at a comparatively low cost.” Sudhir Budhrani
    Managing Director, Sudhir Life Sciences Pvt. Ltd.

  • “The best part about getting your work done through Unilex is, that they don’t share your trouble, indeed they make you trouble free!”

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