Compliance Pack
Commencement of business declaration, INC-20A
What this means, checked by a CA
A new company cannot start business or borrow until a director declares that all subscribers have paid for their shares. We certify and file this declaration (INC-20A) with the bank proof within 180 days.
₹1,499
One time, + 18% GST
- Delivered in 2 working days after bank statement and office photos
- Due: Within 180 days of the date of incorporation
How we do it: IDFD
Every case runs through the same four steps: Information, Discussion, Forms, Deliverables. You see each one ticked as it happens.
InformationWhat we need from you · 5 items
Bank statement showing share money
Proof subscribers paid
Registered office photos with director
Office proof attachment
Certificate of incorporation and MoA
Date and subscribed shares
Director's DSC
Director signs the declaration
Sectoral regulator approvalOptional
Only for RBI, SEBI type objects
DiscussionWhat we discuss · 5 items
Have all subscribers paid in full into the company account?
Declaration must be true
What is the incorporation date?
Starts the 180-day clock
Has the company already traded or borrowed?
Penalty exposure under Sec 10A(2)
Do the objects need RBI, SEBI or other approval?
Approval must be attached
Is it an OPC, small company or recognised start-up?
Penalties halved under Sec 446B
FormsForms we file · 6 items
Confirm bank account is open and each subscriber's share money is credited
Where: Company bank. Due: Before filing
Take registered office photos (outside building and inside office with a director or KMP)
Where: Registered office. Due: Before filing
Fill INC-20A web form and attach bank statement, photos and any regulator approval
Where: https://www.mca.gov.in. Due: Within 180 days of incorporation
Director signs with DSC; practising CA, CS or cost accountant certifies
Where: https://www.mca.gov.in. Due: Same day
Pay fee and get SRN
Normal fee by nominal capital (₹200 to ₹600) times delay multiple if after 180 days (2, 4, 6, 10 or 12 times)
Where: https://www.mca.gov.in. Due: Same day
If late, expect adjudication under Sec 454; appeal to Regional Director in e-form ADJ within 60 days of the order
Where: https://www.mca.gov.in. Due: As per notice
DeliverablesWhat you get · 2 items
SRN and challan for INC-20A
When: Same day
Filed INC-20A on company master data
When: After MCA processing
Questions people ask
Does a company without share capital file INC-20A?
No. It applies to companies with share capital.
Can we still file after 180 days?
Yes, with an additional fee of up to 12 times the normal fee. Penalty under Sec 10A(2) can still be levied.
What if we never file it?
The Registrar can start striking off the company if it believes no business is being done.
Who certifies the form?
A practising CA, CS or cost accountant.
Is the penalty lower for small companies?
Yes. Half, capped at ₹2 lakh for the company and ₹1 lakh per officer.
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