One Person Company Annual Compliance Fees ₹8,600: Complete Guide to AOC-4 and MGT-7A

A One Person Company, commonly known as an OPC, is a corporate structure designed for an individual who wants to operate a business through a company framework while having a single member. An OPC has a separate legal identity from its member and is subject to corporate compliance requirements under the Companies Act and applicable rules.

While an OPC can offer a structured corporate form to a single entrepreneur, it is important to understand that incorporation is only the beginning of the company's regulatory journey. Every financial year, an OPC needs to maintain accounting records, prepare financial statements, complete applicable statutory filings and comply with other corporate requirements.

The specified professional annual compliance fees for this service is ₹8,600. The annual compliance process includes the preparation and filing of applicable forms such as AOC-4 and MGT-7A. Government filing fees are separate from professional service charges and can vary depending on factors such as the company's share capital and the applicable filing provisions.

This comprehensive guide explains OPC annual compliance, AOC-4 filing, MGT-7A filing, financial statements, annual return requirements, accounting records, board and member compliance, statutory registers, audit considerations, filing timelines, common mistakes and the importance of completing annual compliance systematically.

What Is a One Person Company?

A One Person Company is a company structure that allows a single person to establish and operate a company with a separate legal identity. Unlike a traditional private company that normally has multiple members, an OPC is structured around a single member while retaining the corporate framework.

The company is distinct from its member for legal and accounting purposes. This distinction makes proper corporate accounting and statutory compliance important.

An OPC can be suitable for an entrepreneur who wants to operate through a corporate structure while retaining single-member ownership, subject to the eligibility and regulatory requirements applicable to the company.

What Is OPC Annual Compliance?

OPC annual compliance refers to the recurring statutory, accounting and reporting obligations that a One Person Company needs to complete for each financial year.

Unlike a proprietorship, an OPC is a company and therefore has corporate filing obligations. The annual compliance process generally includes preparation of financial statements, annual return filing and other applicable corporate records and filings.

Two important forms associated with OPC annual compliance are AOC-4 and MGT-7A, subject to the company's applicable filing requirements.

OPC Annual Compliance Fees: ₹8,600

The specified professional annual compliance service fees for an OPC is ₹8,600.

It is useful to distinguish professional service fees from statutory filing fees. Professional fees relate to accounting, preparation, compliance review and filing assistance, while government fees are amounts payable to the relevant authority for statutory filings.

What Is AOC-4?

AOC-4 is the form used for filing financial statements and relevant documents with the Registrar of Companies under the applicable provisions and rules.

For an OPC, the preparation of financial statements is an important part of the annual compliance process. The financial statements provide information about the company's financial performance and position for the relevant financial year.

The financial statements and supporting information should be prepared from properly maintained books of account and reviewed before filing.

What Is MGT-7A?

MGT-7A is the annual return form applicable to One Person Companies and certain other eligible companies under the applicable corporate filing framework.

The annual return contains important information about the company, including corporate particulars and other information required under the relevant provisions.

Preparing MGT-7A requires the company to maintain accurate corporate and financial information so that the details reported in the annual return are consistent with the company's records.

AOC-4 and MGT-7A: Key Difference

AOC-4 primarily relates to the company's financial statements, while MGT-7A relates to the company's annual return. Both filings form important parts of the annual compliance process for an eligible OPC.

Why OPC Annual Compliance Is Important

An OPC is a registered company and therefore needs to maintain its corporate compliance status. Timely annual filings help keep the company's statutory records updated.

Annual compliance also creates an organized record of the company's financial performance and corporate information. These records can be useful for banking, business transactions, financial planning and future corporate actions.

Failure to complete applicable filings within prescribed timelines can result in additional fees and other compliance consequences. For this reason, annual compliance should be planned well before the relevant filing deadlines.

Books of Account for an OPC

An OPC is expected to maintain appropriate books of account and financial records as required under the applicable corporate and accounting provisions.

The books should capture the company's financial transactions, including sales, purchases, expenses, assets, liabilities, loans, capital transactions, bank transactions and other relevant activities.

Proper bookkeeping is essential because AOC-4 financial statement filing depends on accurate financial information.

Documents Required for OPC Annual Compliance

Financial Statements of an OPC

Financial statements provide a structured view of the company's financial position and performance. Depending on the applicable requirements, these can include the balance sheet, statement of profit and loss and relevant notes or supporting documents.

The quality of the annual compliance filing depends significantly on the accuracy of the financial statements. Accounting entries should therefore be reviewed before the annual filing process begins.

Balance Sheet of an OPC

The balance sheet presents the company's assets, liabilities and equity at a particular date. It provides an overview of what the company owns and owes and the corresponding shareholders' funds.

Typical items can include fixed assets, current assets, cash and bank balances, trade receivables, inventory, loans, trade payables and share capital.

The balance sheet should be reconciled with supporting ledgers and records before financial statements are finalized.

Profit and Loss Account of an OPC

The statement of profit and loss summarizes the company's income and expenses for the financial year.

Revenue, operating expenses, employee costs, depreciation, finance costs and other relevant items should be appropriately recorded and reviewed.

The resulting accounting profit or loss provides an important starting point for understanding the company's financial performance.

Notes to Financial Statements

Financial statements can include notes containing additional information required for understanding the company's financial position and accounting information.

Notes may provide information about accounting policies, assets, liabilities, related matters and other items depending on the company's circumstances and applicable reporting requirements.

Audit of an OPC

An OPC may be subject to statutory audit requirements depending on the applicable provisions. Where audit is applicable, the company's financial statements are examined by the statutory auditor and the relevant audit report is prepared.

Audit requirements should be considered separately from the professional annual compliance service fees. If statutory audit work is required, the applicable professional scope and fees should be determined based on the company's circumstances.

Statutory Auditor of an OPC

An OPC, like other companies covered by the applicable audit provisions, may need to appoint a statutory auditor. The auditor examines the financial statements and performs the audit procedures required under the applicable framework.

The company should maintain appropriate audit documentation and provide the auditor with necessary financial and corporate records.

Director Compliance in an OPC

An OPC has a director who manages the company's affairs in accordance with the applicable corporate framework. Director-related records and corporate decisions should be maintained appropriately.

Even though there is only one member, corporate decisions should be documented in the manner required for an OPC.

Member of an OPC

An OPC has a single member. The member holds the company's shareholding and exercises the rights available under the applicable corporate provisions.

The member's details should remain accurate in the company's statutory records and annual return.

Nominee Requirement in an OPC

An OPC has a nominee arrangement as prescribed under the applicable legal framework. The nominee information forms part of the company's corporate records.

Any changes to nominee information should be handled according to the applicable procedures and documentation requirements.

Board Meetings and OPC Compliance

OPCs have specific provisions concerning board meetings and related corporate formalities. The applicable requirements depend on the company's circumstances and the provisions in force for the relevant period.

Corporate records, resolutions and minutes should be maintained in accordance with the requirements applicable to the OPC.

Minutes and Resolutions

Corporate decisions should be appropriately documented through resolutions and minutes where required. Important decisions involving financial matters, loans, contracts, appointments or other corporate actions should have supporting documentation.

Maintaining organized minutes makes it easier to demonstrate the company's decision-making history.

Statutory Registers for OPC

An OPC should maintain the statutory registers and records applicable to its corporate structure. These records may include information about members, directors, shareholding and other corporate matters.

The records should be updated whenever a relevant corporate event occurs.

Share Capital Records

The company should maintain accurate records of its authorized and paid-up share capital. Changes in share capital should be appropriately documented and filed where required.

Share capital information is also relevant when calculating certain government filing fees, which is why accurate capital records are important for annual compliance.

Why Filing Fees Can Vary by Capital

Government filing fees for certain MCA forms can depend on factors such as the company's share capital and the applicable fees schedule. Therefore, the professional service fees of ₹8,600 should not be confused with the statutory filing fees payable to the government.

The actual government filing amount should be determined based on the company's applicable capital, filing type and current statutory fees structure.

Accounting for an OPC

Accounting is the foundation of OPC annual compliance. Every financial transaction should be recorded accurately and supported by relevant documentation.

Accounting records should be reviewed regularly rather than reconstructed at the end of the year. This approach reduces errors and makes financial statement preparation more efficient.

Bank Reconciliation for an OPC

Bank reconciliation compares the bank balance shown in the accounting records with the actual bank statement.

Differences can occur due to bank charges, direct deposits, outstanding cheques, interest credits, payment gateway transactions or other timing differences.

Monthly bank reconciliation is a useful accounting control for an OPC.

Revenue Accounting

All company revenue should be properly recorded. Sales invoices should contain the information required under applicable laws and accounting policies.

Revenue records should be reconciled with bank receipts, receivables and applicable GST records where relevant.

Expense Accounting

Business expenses should be recorded under appropriate accounting categories and supported by invoices or other relevant documentation.

Personal expenditure should not be incorrectly recorded as company expenditure. Since an OPC is a separate legal entity, maintaining a clear distinction between company transactions and personal transactions is particularly important.

Receivables in an OPC

Trade receivables represent amounts due from customers. The company should maintain customer-wise records where appropriate and periodically review outstanding balances.

Long-outstanding balances should be investigated and followed up so that the financial statements reflect the company's position appropriately.

Payables in an OPC

Trade payables represent amounts owed to suppliers and other creditors. Supplier balances should be reconciled with invoices and payments.

Accurate payable records help ensure that liabilities are appropriately recognized in the financial statements.

Fixed Assets in an OPC

An OPC may own computers, machinery, furniture, vehicles, equipment or other assets. Fixed asset records should be maintained with details such as purchase date, cost and other relevant information.

Applicable depreciation should be considered under the relevant accounting and tax framework.

Inventory Accounting in an OPC

Where the company maintains inventory, stock records should be updated regularly. Physical verification can help identify differences between book stock and actual stock.

Inventory information should be considered while preparing the year-end financial statements.

Loans and Borrowings

Loans taken by an OPC should be recorded appropriately. Loan statements should be reconciled with the accounting records.

Principal and interest components should be appropriately identified according to the applicable accounting treatment.

GST Compliance for OPC

An OPC may be required to register under GST depending on its turnover, business activity, nature of supplies and applicable registration provisions.

Where GST registration applies, the company may have periodic GST return and payment requirements.

GST records should be reconciled with sales and purchase records before annual accounts are finalized.

TDS Compliance for OPC

An OPC may be required to deduct tax at source on specified payments where the applicable conditions are satisfied.

Payments to employees, professionals, contractors, landlords and other parties may have TDS implications depending on the nature and amount of the payment.

Where TDS applies, the company should maintain appropriate deduction, payment and return records.

Income Tax Compliance for OPC

An OPC is a company and has its own income tax compliance obligations. The company's taxable income is determined under the applicable corporate tax provisions.

The income tax return should be prepared using the company's financial and tax records, taking into account applicable deductions, disallowances, depreciation and other provisions.

Corporate Tax Computation

Tax computation for an OPC begins with the accounting profit and involves adjustments required under the applicable tax provisions.

Expenses may have different accounting and tax treatments, so the tax computation should be reviewed separately from the accounting profit and loss account.

Tax Audit Considerations

Tax audit requirements can depend on the company's turnover, business activity and applicable income tax provisions. Where a tax audit is applicable, the required audit report and related documentation should be prepared.

Tax audit is distinct from statutory financial statement audit, although the two processes can involve overlapping financial records.

Annual Return Information

The annual return provides a snapshot of important company information for the relevant financial year. It can include details about the company's registered office, principal business activity, shareholding, directors and other information required by the applicable form.

Because MGT-7A contains corporate information, the company should ensure that its statutory records are updated before annual return preparation.

Registered Office Details

The registered office information reported in the annual return should be consistent with the company's official records. Changes to registered office details should be handled through the appropriate statutory process before the annual return is finalized where necessary.

Director Details

Director information should be accurate and consistent across the company's statutory records and annual filings.

Any changes during the year should be reviewed to determine whether separate filings were required at the time of the change.

Shareholding Details

The OPC has a single member, and the shareholding information should be accurately reflected in the company's records and applicable annual return.

Changes in shareholding or capital structure should be appropriately documented and filed where required.

Annual Compliance Process for OPC

1. Collect accounting and corporate records.
2. Complete bookkeeping for the financial year.
3. Reconcile bank accounts.
4. Review receivables and payables.
5. Review fixed assets and inventory where applicable.
6. Review loans and borrowings.
7. Review share capital records.
8. Prepare financial statements.
9. Complete statutory audit where applicable.
10. Prepare AOC-4 and related documents.
11. Prepare MGT-7A information.
12. Review director, member and nominee information.
13. Review registered office and company particulars.
14. File applicable annual forms within the prescribed timelines.
15. Pay applicable statutory filing fees.
16. Save filing acknowledgements and records.

Step 1: Collect Company Records

The annual compliance process begins by collecting the company's accounting and corporate records. This includes bank statements, invoices, expenses, loan documents, statutory registers, previous filings and other relevant documents.

Complete documentation makes the subsequent accounting and filing process more efficient.

Step 2: Close the Books

The company's books should be updated and reconciled before financial statements are prepared. Outstanding entries should be identified and supporting documents collected.

Step 3: Prepare Financial Statements

Once the books are finalized, the financial statements are prepared according to the applicable accounting and corporate reporting requirements.

Step 4: Complete Audit Where Applicable

If statutory audit is applicable, the financial statements are provided to the statutory auditor along with relevant supporting records.

Step 5: Prepare AOC-4

AOC-4 is prepared using the finalized financial statements and required supporting information. The information should be reviewed carefully before submission.

Step 6: Prepare MGT-7A

MGT-7A is prepared using the company's corporate information, shareholding details, director information and other required particulars.

Step 7: Review Annual Filing Information

Before filing, the company should review the registered office, director, member, share capital and financial information for consistency.

Step 8: File Forms and Pay Applicable Fees

The applicable annual forms should be filed within the prescribed period, along with the relevant statutory filing fees.

Step 9: Preserve Filing Records

After filing, the company should preserve the acknowledgement, filed forms, financial statements and supporting documents as part of its annual compliance records.

OPC Annual Compliance Timeline

The exact statutory due dates should be checked for the relevant financial year and the company's circumstances. Filing deadlines can depend on the applicable provisions and events such as the completion of financial statements or the company's compliance calendar.

Common OPC Annual Compliance Mistakes

Delaying Bookkeeping

Waiting until the end of the year to update accounting records can make annual compliance difficult and increase the possibility of missing transactions.

Not Reconciling Bank Accounts

Unreconciled bank accounts can lead to incorrect cash and bank balances and incomplete accounting records.

Mixing Personal and Company Transactions

An OPC is a separate legal entity, so personal expenses should not be treated as company expenses without appropriate accounting treatment.

Ignoring Statutory Registers

Annual compliance is not limited to filing forms. Corporate registers and records should also be maintained and updated as required.

Incorrect Share Capital Information

Incorrect share capital details can affect annual return information and statutory fees calculations.

Incorrect Director Information

Director details should match the company's official records and relevant filings.

Missing Annual Filing Deadlines

Late filing can lead to additional government fees and other compliance consequences. Maintaining a compliance calendar can reduce this risk.

Not Saving Filing Acknowledgements

Filed forms and acknowledgements should be stored with the annual compliance records for future reference.

Why Professional Support Is Useful for OPC Compliance

OPC compliance involves accounting, financial statements, corporate records and statutory filings. A professional accounting or compliance team can help organize these activities into a structured annual process.

Professional support can be particularly useful where the company has GST registration, employees, loans, inventory, multiple bank accounts or substantial transaction volume.

The annual compliance fees specified for this service is ₹8,600, which provides a defined professional cost for the annual compliance process. Government filing fees are separate and can vary according to the company's capital and applicable filing requirements.

OPC Compliance and Business Growth

Annual compliance is not only about meeting filing requirements. Accurate accounts can help the owner understand revenue, profitability, expenses, assets and liabilities.

These financial records can support business planning and decisions about hiring, investment, financing and expansion.

OPC Financial Planning

Financial statements provide valuable information for planning. The company can compare revenue and expenses with previous years and identify areas where costs have increased or margins have changed.

Regular financial analysis can help the business understand whether growth is generating sustainable profitability.

OPC and Business Loans

Companies seeking bank finance may need to provide financial statements, tax returns, bank statements and other corporate documents.

A company with properly maintained annual compliance records can generally organize such documentation more efficiently.

OPC and Corporate Banking

Corporate bank accounts should be reconciled with the company's accounting records. Bank transactions should be recorded under appropriate ledger accounts.

Separate tracking of company funds is an important part of maintaining the distinction between the company and its member.

OPC and GST Reconciliation

Where GST applies, sales and purchase records should be reconciled with GST-related information. Differences should be investigated before annual financial statements are finalized.

Proper reconciliation also helps maintain consistency between accounting records and tax records.

OPC and TDS Reconciliation

Where TDS applies, deductions recorded in the books should be reconciled with TDS payment and return records.

Vendor and employee TDS information should be reviewed to identify missing or incorrect entries.

OPC and Payroll

An OPC with employees may have salary-related accounting and statutory compliance responsibilities. Salary expenses should be recorded correctly and reconciled with payroll records and bank payments.

Applicable employee-related registrations and deductions should also be reviewed periodically.

OPC and Related Transactions

Transactions involving the member, director or other related parties may require specific accounting and corporate treatment depending on the nature of the transaction.

Such transactions should be properly documented and recorded according to the applicable requirements.

OPC Loans From Member

A member may provide funds to the company in certain circumstances. Such transactions should be appropriately documented and recorded in the company's accounts.

The company should retain supporting bank records, agreements or other documentation where applicable.

OPC Expenses Paid by Member

Sometimes the member may pay a company expense personally. The accounting treatment should clearly identify the transaction as a company expense and the corresponding amount payable to or recoverable from the member as applicable.

OPC and Capital Transactions

Share capital transactions require careful documentation because they can affect statutory records and filings.

Any alteration in capital structure should be reviewed for applicable corporate approvals and filing requirements.

Annual Compliance Document Checklist

How to Prepare for OPC Annual Compliance

The best approach is to treat annual compliance as a year-round process rather than a once-a-year activity.

Accounting should be updated regularly, bank accounts should be reconciled monthly and corporate records should be updated whenever a relevant event occurs.

Several months before annual filing deadlines, the company should begin collecting the documents required for financial statement preparation and annual return filing.

Monthly OPC Compliance Routine

Quarterly OPC Review

A quarterly review can help identify accounting or compliance issues before they become year-end problems. The company can review revenue, expenses, cash flow, receivables, payables, tax records and corporate changes.

Quarterly review is particularly useful for businesses with high transaction volumes.

Year-End OPC Review

The year-end review should cover all significant accounting and corporate records. The company should verify that its books are complete and that supporting documents are available.

The financial statements can then be prepared and reviewed before the annual forms are filed.

Annual Compliance and Corporate Record Consistency

One of the most important aspects of annual compliance is consistency between different records. The company's accounting records, financial statements, annual return, statutory registers and tax records should tell a consistent story.

Differences should be investigated and corrected where necessary before filings are completed.

Importance of Accurate Share Capital Data

Share capital information is relevant to corporate records and can also affect statutory filing fees. Therefore, authorized and paid-up capital should be reviewed during the annual compliance process.

Importance of Accurate Director Data

Director information should be reviewed annually. Changes in address, designation or other relevant information may require updates or filings under the applicable rules.

Importance of Accurate Registered Office Information

The registered office is an important statutory detail of the company. The company should ensure that its registered office information is current and properly documented.

Annual Compliance and Digital Records

Maintaining digital copies of financial and corporate documents can make annual compliance easier. Documents should be organized by financial year and category.

Digital records can include invoices, bank statements, tax returns, financial statements, MCA filings, resolutions, minutes and statutory registers where permitted.

Annual Compliance and Physical Records

Some corporate records may need to be maintained in a specific manner under applicable requirements. The company should maintain the required statutory records and physical documents as appropriate.

OPC Compliance for a New Company

A newly incorporated OPC should establish its accounting and compliance system immediately. The company should maintain a dedicated bank account, proper invoices and organized corporate records.

Starting with good accounting practices makes the first annual compliance cycle considerably easier.

OPC Compliance for an Established Company

An established OPC should maintain a recurring annual compliance calendar. Previous filing records should be reviewed before preparing the next annual return.

Historical financial data can also be used to identify changes in business performance and financial position.

Difference Between OPC and Proprietorship Compliance

The compliance structure is therefore substantially different. An OPC is a company and must follow corporate filing requirements, while a proprietorship follows the tax and other regulatory requirements applicable to the individual proprietor and business.

Frequently Asked Questions About OPC Annual Compliance

What is the annual compliance fees for an OPC?

The specified professional annual compliance fees is ₹8,600.

Which forms are included in OPC annual compliance?

The annual compliance process specified here includes AOC-4 and MGT-7A, subject to the company's applicable filing requirements and records.

What is AOC-4 used for?

AOC-4 is used for filing the company's financial statements and relevant documents with the Registrar of Companies as required under the applicable provisions.

What is MGT-7A used for?

MGT-7A is the annual return form applicable to eligible One Person Companies and certain other eligible companies under the applicable filing framework.

Does the ₹8,600 fees include government filing fees?

The ₹8,600 amount is the specified professional annual compliance service fees. Government filing fees are separate and can vary according to share capital and applicable filing requirements.

Why does the filing fees vary by capital?

Government filing fees for applicable company forms can be linked to the company's share capital and the relevant statutory fees schedule. The applicable fees should be determined based on the company's current details.

Does an OPC need a statutory audit?

An OPC may be subject to statutory audit requirements under the applicable corporate provisions. Audit applicability should be assessed for the particular company and financial year.

Does an OPC need to maintain books of account?

Yes. A company needs to maintain appropriate books of account and financial records under the applicable corporate and accounting requirements.

Does an OPC need to file an annual return?

Yes, an eligible OPC has annual return filing requirements, with MGT-7A being the relevant annual return form under the applicable framework.

Does an OPC need to file financial statements?

Yes. An OPC is required to prepare and file applicable financial statements, including the AOC-4 filing where required.

Can an OPC have only one shareholder?

Yes. The defining characteristic of an OPC is its single-member structure, subject to the eligibility and regulatory conditions applicable to the company.

Can an OPC have employees?

Yes. An OPC can employ people, subject to applicable employment, payroll and statutory requirements.

Can an OPC have GST registration?

Yes. An OPC may obtain GST registration or be required to register depending on its business activity and applicable GST provisions.

Can an OPC take loans?

An OPC can have borrowings subject to applicable legal, banking and corporate requirements. Loans should be appropriately documented and recorded.

What happens if annual filing is delayed?

Delayed statutory filing can result in additional government fees and other compliance consequences. The company should monitor filing deadlines carefully.

Why is bookkeeping important for AOC-4?

AOC-4 relies on the company's financial statements. Accurate bookkeeping is therefore essential for preparing reliable financial statements and completing the filing correctly.

Benefits of Timely OPC Annual Compliance

OPC Annual Compliance Checklist

How the ₹8,600 OPC Annual Compliance Fees Fits Into the Process

The specified ₹8,600 professional fees provides a defined cost for the annual compliance service. The service is centered on the annual corporate compliance process, including the preparation and filing of applicable forms such as AOC-4 and MGT-7A.

The professional fees should be considered separately from statutory government filing fees. Since government fees can vary based on share capital and other filing details, the total statutory payment cannot be represented by a single universal amount for every OPC.

Additional professional work, such as specialized accounting, complex tax matters, audit services or other corporate filings, may depend on the company's individual circumstances and agreed scope.

Why Annual Compliance Should Be Planned Early

Annual compliance involves several connected activities. Accounting must be completed before financial statements can be finalized, and financial statements must be ready before the relevant financial statement filing can be prepared.

Corporate information must also be checked before the annual return is filed. Starting early gives the company time to identify missing records and resolve discrepancies.

Final Thoughts on OPC Annual Compliance

A One Person Company provides an individual entrepreneur with a corporate structure, but the corporate structure also brings recurring statutory obligations. Annual compliance is therefore an essential part of maintaining an OPC.

The specified professional annual compliance fees is ₹8,600. The annual compliance process includes applicable filings such as AOC-4 and MGT-7A. Government filing fees are separate and can vary based on the company's share capital and applicable statutory fees provisions.

Accurate bookkeeping is the starting point for a smooth annual compliance process. Bank reconciliation, proper expense documentation, receivable and payable management, fixed asset records, share capital records and updated corporate information all contribute to accurate annual filings.

An OPC should also maintain its statutory registers, resolutions, minutes and other corporate records as required. Annual compliance should not be viewed only as submitting two forms. It is a broader process involving accounting, financial reporting, corporate record maintenance and statutory filing.

For an entrepreneur operating an OPC, maintaining a compliance calendar throughout the financial year can significantly simplify the year-end process. Monthly accounting, periodic reconciliation and timely document collection reduce the possibility of last-minute errors.

Professional annual compliance support can provide a structured approach to these activities. With a specified professional fees of ₹8,600, the company can plan its annual compliance budget while separately considering applicable government filing fees and any additional services required based on the company's circumstances.