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Commencement of Business Certificate | INC-20A Filing | Beyonte Compliance
Business Services ยท Post-Incorporation

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.

  • ๐Ÿ“„ INC-20A Filing
  • ๐Ÿข Section 10A
  • โœ… 180-Day Deadline
  • ๐Ÿ“ฌ Bank Statement
  • ๐Ÿšซ Avoid Penalties
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File your commencement of business

Share your incorporation date and bank details. We will handle INC-20A before the 180-day deadline.

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What We Handle

A complete commencement of business package

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Form INC-20A Filing

INC-20A (Declaration of Commencement of Business) filed with MCA within 180 days of incorporation.

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Bank Statement Proof

Bank statement showing receipt of share subscription money from all subscribers โ€” mandatory attachment.

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Subscribers List Verification

All subscriber amounts verified against the bank statement before filing.

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Registered Office Check

Registered office filing (INC-22) confirmed before INC-20A is filed.

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Directors DSC

Digital signatures of all directors required for the INC-20A declaration.

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180-Day Deadline Tracking

Deadline calculated from date of incorporation โ€” calendar reminders set to avoid missing the window.

Key Requirements

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.

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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 Pitfalls

Common issues with commencement of business

INC-20A filed after 180 daysCompany and officers face heavy penalties โ€” Rs 50,000 company penalty plus Rs 1,000/day per officer.
Bank statement incompleteStatement does not show all subscriber payments โ€” INC-20A rejected by ROC.
Registered office not filedINC-22 not filed before INC-20A โ€” ROC cannot process the declaration.
DSC expiredDirector's DSC expired or not registered on MCA โ€” form cannot be submitted.
Business commenced before INC-20ACompany commenced operations or accepted deposits without filing INC-20A โ€” severe legal exposure.
Subscriber amount mismatchBank deposits do not match the authorised/subscribed share capital in MOA โ€” INC-20A rejected.
How It Works

Simple steps, no surprises

1

Incorporation date confirmed

180-day deadline calculated from the Certificate of Incorporation date โ€” flagged in our tracker.

2

Bank statement verified

Bank account opened, share subscription amounts received and statement verified.

3

Registered office confirmed

INC-22 filing verified โ€” registered office on record before INC-20A is prepared.

4

INC-20A filed

Form INC-20A filed with directors' DSC and bank statement โ€” acknowledgement received.

FAQ

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.