Commencement of Business Form INC-20A, filed on time.
End-to-end commencement of business filing services in Mumbai and across India — Form INC-20A filing, verification of subscription capital, bank proof preparation, and post-incorporation compliance for newly registered companies.
Every company with share capital incorporated under the Companies Act, 2013 must obtain a certificate of commencement of business before it can begin operations or exercise borrowing powers. This is done by filing a declaration in Form INC-20A with the Registrar of Companies within 180 days of the date of incorporation.
The declaration confirms two things — that every subscriber to the Memorandum has paid the value of the shares agreed to be taken by them, and that the company has filed verification of its registered office. Form INC-20A must be accompanied by proof of the subscription money received, typically a bank statement, and is certified by a practising professional.
Missing the 180-day deadline carries serious consequences — a penalty of Rs 50,000 on the company and Rs 1,000 per day on every officer in default, and the Registrar may even initiate action to strike the company off for not commencing business. Our commencement of business practice ensures the subscription capital is properly brought in, the bank proof is in order, and Form INC-20A is filed correctly and well before the deadline.
Our Commencement of Business Services
INC-20A Filing
Filing of the declaration of commencement of business in Form INC-20A with the Registrar.
Subscription Capital Check
Verification that all subscribers have deposited the share capital they agreed to take.
Bank Proof Preparation
Preparation of the bank statement evidence showing receipt of the subscription money.
Registered Office Verification
Confirmation that verification of the registered office has been filed with the Registrar.
Professional Certification
Certification of Form INC-20A by a practising Chartered Accountant or company secretary.
Deadline Tracking
Tracking of the 180-day deadline to ensure the declaration is filed well in time.
Delay Remediation
Assistance with filing and penalty handling where the INC-20A deadline has been missed.
Post-Incorporation Compliance
Guidance on the broader set of filings due in the first year after incorporation.
Our INC-20A Workflow
Capital Verification
Confirmation that every subscriber has paid in the agreed share capital.
Bank Proof
Collection of the bank statement evidencing receipt of the subscription money.
Office Verification
Check that verification of the registered office has been duly filed.
INC-20A Filing
Filing of the certified Form INC-20A with the Registrar within the 180-day window.
Confirmation
Receipt of acknowledgement and confirmation that the company may commence business.
Benefits of Timely INC-20A Filing
Frequently Asked Questions
Form INC-20A is the declaration of commencement of business that a company with share capital must file with the Registrar.
Form INC-20A must be filed within 180 days of the date of incorporation of the company.
Non-filing attracts a penalty of Rs 50,000 on the company and Rs 1,000 per day on officers in default, and may lead to strike-off.
Proof that subscribers have paid the subscription money, typically a bank statement, along with registered office verification.
No. A company cannot commence business or exercise borrowing powers until Form INC-20A has been filed.
Need to File INC-20A?
Whether your company is newly incorporated or the 180-day deadline is approaching, talk to our team for a correct and timely commencement of business filing.
File INC-20A Now or call +91 9819 000 511