Closure of OPC
Formally dissolve your One Person Company via the Fast Track Exit (FTE) Scheme using Form STK-2.
Companies Act, 2013 • FTE Scheme • STK-2 Filing
@ Rs. 5,999 – 11,999 *
Online Process · Expert Facilitation · End-to-End Support
Also Get Absolutely Free
OPC Closure Certificate
+STK-2 Filed with MCA
+Indemnity Bond & Affidavit
+MCA Payment Challan
*Facilitation Fees. Government Charges Extra.
The Importance of Legal Closure (FTE)
The Fast Track Exit (FTE) route via Form STK-2 is the simplified way to close a non-operational OPC. Failure to formally close the OPC means mandatory annual filings continue, leading to heavy fines and non-compliance issues for the Director. Legal striking off removes all future compliance burdens.
Key Benefits of Formal OPC Closure
Removes legal hassles and avoids continuing non-compliance
Eliminates the risk of accumulating penalties and fines
Formal closure frees the director from OPC statutory obligations
Removes the entity's 'defaulter' status (if applicable)
Pre-Requisites for Striking Off (Form STK-2)
Form INC-20A for Commencement of Business should have been filed
Annual ROC Return Filings should be up to date (or statement prepared)
OPC should be inoperative for more than 1 or 2 consecutive financial years
Bank Account of the OPC should be closed and Statement of Accounts prepared
Latest filed Income Tax Returns, Indemnity Bond, and Affidavit prepared
DIN of all Directors should be in 'APPROVED' status
One valid Digital Signature (DSC) of an existing Director
Lawizer Deliverables
- All filed e-forms with MCA (e.g., Form STK-2)
- MCA payment challan for closure fees
- OPC Closure Certificate (Confirmation of Striking Off)
- Drafted Indemnity Bond and Affidavit documents
- Board Resolution and Director's Consent for voluntary closure
Frequently Asked Questions
Closure of an OPC is the formal legal process of voluntarily dissolving the business and legally ending its existence by striking its name off the ROC records.
Closure (Striking Off via FTE) is voluntary for non-operational OPCs (Form STK-2). Winding up is a formal liquidation, either voluntary or court-ordered. Dissolution is the final act of legal termination.
ROC filing (STK-2) officially removes the OPC from government records. Without this approval, the OPC must continue mandatory annual filings, incurring penalties if not done.
A simplified MCA process for easy and faster voluntary closure of inoperative companies, including OPCs, by filing Form STK-2.
Any OPC not being a Section 8 Company and inactive for over one year since incorporation or one year prior to application can apply for closure.
Filing fee for Form STK-2: ₹10,000. Notary and Stamp Paper charges may vary (approx. ₹1,200–₹1,500).
Application for striking off, Board Resolution, Director's Consent, Affidavit, Indemnity Bond, and Statement of Assets and Liabilities are key documents.
Form STK-2 must be filed with the ROC office within 30 days from the date of Signing of the Statement of Assets and Liabilities.