Commencement of Business
File Form INC-20A (Declaration of Commencement of Business) within 180 days of incorporation โ mandatory for every company incorporated on or after 2 November 2018 to avoid heavy penalties.
- ๐ INC-20A Filing
- ๐ข Section 10A
- โ 180-Day Deadline
- ๐ฌ Bank Statement
- ๐ซ Avoid Penalties
File your commencement of business
Share your incorporation date and bank details. We will handle INC-20A before the 180-day deadline.
Talk to a CS →A complete commencement of business package
Form INC-20A Filing
INC-20A (Declaration of Commencement of Business) filed with MCA within 180 days of incorporation.
Bank Statement Proof
Bank statement showing receipt of share subscription money from all subscribers โ mandatory attachment.
Subscribers List Verification
All subscriber amounts verified against the bank statement before filing.
Registered Office Check
Registered office filing (INC-22) confirmed before INC-20A is filed.
Directors DSC
Digital signatures of all directors required for the INC-20A declaration.
180-Day Deadline Tracking
Deadline calculated from date of incorporation โ calendar reminders set to avoid missing the window.
What is needed for commencement of business
Mandatory for Post-2018 Companies
All companies incorporated on or after 2 November 2018 must file INC-20A before commencing business.
180-Day Deadline
INC-20A must be filed within 180 days of the date of incorporation โ there is no extension.
Bank Statement Required
A bank statement showing receipt of full share subscription money from all subscribers is mandatory.
Registered Office Must Be Filed
INC-22 (Registered Office) must be filed before INC-20A โ ROC rejects INC-20A if office not registered.
No Business Before INC-20A
The company cannot commence business or exercise borrowing powers until INC-20A is filed.
Heavy Penalty for Non-Filing
Company faces Rs 50,000 penalty and Rs 1,000 per day per officer for delay beyond 180 days.
Non-filing of INC-20A beyond 180 days can lead to ROC striking off the company. The penalty is Rs 50,000 for the company and Rs 1,000 per day per officer. We track your incorporation date and ensure INC-20A is filed well within the deadline.
Common issues with commencement of business
Simple steps, no surprises
Incorporation date confirmed
180-day deadline calculated from the Certificate of Incorporation date โ flagged in our tracker.
Bank statement verified
Bank account opened, share subscription amounts received and statement verified.
Registered office confirmed
INC-22 filing verified โ registered office on record before INC-20A is prepared.
INC-20A filed
Form INC-20A filed with directors' DSC and bank statement โ acknowledgement received.
Other services you may need
Frequently asked questions
Form INC-20A is the Declaration for Commencement of Business filed by a director with the ROC. It declares that every subscriber to the MOA has paid the value of shares agreed by them โ verified by the bank statement.
INC-20A is mandatory for every company incorporated on or after 2 November 2018. Companies incorporated before that date are exempt.
Form INC-20A must be filed within 180 days of the date of incorporation. There is no provision for extension.
The company faces a penalty of Rs 50,000 and every officer in default faces a penalty of Rs 1,000 per day for each day of default. The ROC may also initiate action to strike off the company.
No. A company incorporated on or after 2 November 2018 cannot commence any business activity or exercise borrowing powers until INC-20A is filed and acknowledged by the ROC.
Don't miss your 180-day INC-20A deadline.
We file INC-20A with the bank statement proof โ on time, before penalties apply.