INC-20A commencement of business declaration

A company with share capital must file INC-20A within 180 days of incorporation, confirming that subscribers have paid for their shares. Until it is filed, the company cannot legally start business or borrow. We prepare, certify and file it.

Handled by qualified CS and CA2 to 3 working daysGovernment fees shown separately

What is included

Review of subscription money received in the company bank account
Drafting of the director declaration
Certification of the form by a practising professional
INC-20A filing with MCA
Check of registered office verification status
Guidance on pending first-year filings

What is not included

Government filing fees (based on authorised capital)
Additional fees for filing after 180 days
Compounding or adjudication proceedings for past default

Who needs this

Every company with share capital incorporated under the Companies Act 2013, including Private Limited Companies and OPCs. Section 8 companies are not required to file.

Documents required

Certificate of Incorporation
Company bank statement showing subscription money received from each subscriber
Valid DSC of a director
Registered office proof if not already verified

How it works

Share bank statement and incorporation documents

We draft the declaration and get it certified

INC-20A is filed and the company can commence business

Timeline

2 to 3 working days. Government processing times are outside our control; we track and follow up on every application.

If you skip it

Penalty exposure: Penalty of Rs 50,000 on the company and Rs 1,000 per day on each defaulting director, up to Rs 1 lakh. The ROC can also initiate strike off if the company has not commenced business.

What this service creates next

Completing this is the start of a recurring set of obligations. Under an AdvisoNet plan these are tracked in your Compliance Passport and handled before they fall due.

First auditor appointment (ADT-1)
Annual ROC compliance (AOC-4 and MGT-7A)
GST registration if applicable
DIR-3 KYC for directors

See AdvisoNet plans from ₹1,499 per month

Frequently asked questions

When is INC-20A due?

Within 180 days from the date of incorporation shown on the Certificate of Incorporation.

Can I file after 180 days?

Yes, with additional fees, but the penalty exposure under Section 10A remains. File as soon as possible and we will advise on regularising the default.

Do subscribers need to pay before filing?

Yes. Each subscriber must pay the value of shares agreed in the MOA into the company bank account, and the bank statement is attached as proof.

Fees shown are AdvisoNet professional fees exclusive of GST and government charges. Content is general information, not legal advice; applicability depends on facts and current law.