Corporate Compliance
Commencement of Business (INC-20A)
Every company with share capital incorporated after November 2018 must file a declaration of commencement of business in Form INC-20A within 180 days. We verify the paid-up capital deposit and file INC-20A with the ROC.
Heads up: ROC filing fee payable at actuals; late filing attracts penalties.
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All-inclusive professional fees. Government fees billed at actuals where noted.
INC-20A Filing
2-4 working days
- Subscription deposit verification
- Directors' declaration
- Form INC-20A filing
What you get
- Verification of subscription money deposit
- Drafting of declaration by directors
- Filing of Form INC-20A with ROC
- Confirmation of commencement compliance
Documents required
- Certificate of incorporation
- Bank statement showing subscription money deposit
- Digital signature of director
Questions, answered
Frequently asked questions
What is the deadline for filing INC-20A?
Form INC-20A must be filed within 180 days of incorporation, after the subscribers have deposited the subscription money into the company's bank account.
What if INC-20A is not filed?
The company cannot commence business or borrow, and faces penalties — Rs.50,000 for the company and Rs.1,000 per day for each director, with risk of strike off.
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