Commencement (INC-20A)
INC-20A is a mandatory declaration that every company must file to confirm the commencement of business after incorporation. As per the Companies Act, a company cannot start business operations or exercise borrowing powers unless this form is filed with the Ministry of Corporate Affairs.
Timely filing of INC-20A is essential to keep your company legally active and compliant.
Commencement (INC-20A)
Who Needs to File INC-20A?
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Private Limited Companies
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Public Limited Companies
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One Person Companies (OPC) with share capital
Note: INC-20A must be filed within 180 days from the date of incorporation.
Why INC-20A Filing Is Important
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Mandatory to legally start business operations
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Enables the company to open bank accounts and borrow funds
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Avoids penalties and risk of company strike-off
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Confirms capital subscription by shareholders
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Ensures compliance with Companies Act provisions
Documents Required for INC-20A Filing
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Certificate of Incorporation
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PAN card of the company
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Bank statement showing share capital deposit
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Proof of registered office address
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Subscriber details and shareholding information
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Digital Signature Certificate (DSC) of director
INC-20A Filing Process
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Verify share capital subscription details
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Confirm receipt of paid-up capital in company bank account
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Prepare INC-20A declaration
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File the form online on the MCA portal
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Obtain acknowledgment and approval confirmation
Penalty for Non-Filing of INC-20A
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₹50,000 penalty on the company
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₹1,000 per day penalty on directors (up to ₹1,00,000)
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Company may be marked as inactive or struck off
Why Choose Logicway Advisors?
We provide complete assistance for INC-20A compliance:
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End-to-end preparation and filing
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Error-free documentation
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Timely submission within due date
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MCA follow-up and confirmation
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Ongoing company compliance guidance
Start Your Business the Right Way
Ensure smooth and compliant commencement of your company. Contact Logicway Advisors today for professional INC-20A filing services.