Commencement of Business

  • Filling of Form 20A with ROC
  • Bank statement with share subscription entries
  • Declaration by Director
  • Any other approval required

About Commencement of Business

Get your private limited company incorporated with a very convenient process and get help from experts in the comfortable environment of your home or office.

Note – Charges are based on minimum government fees or structure state-wise. If there are additional services or extra government fees, then the same has to be borne by the service receiver.

1,499.00 Excl. of GST


Have queries?

Talk to an expert!

Frequently Asked Questions about Commencement of Business

Q1. What is the Commencement of business?

The Director of the company has to file a form INC – 20A to ROC within 180 days before starting any operation or commencement of business.

Q2. What contains in form 20A?

It contains the declaration that every member has paid for their subscribed shares. A bank statement containing credit entries for the same has to be attached. And these details and forms have to be verified by CA or CS.

Q3. Is there any other attachment for the same?

If there are other approval or registration are required before commencing the business-like from RBI or SEBI then the same has to be attached with the Form 20A.

Q4. What if Form 20 A is not filled?
  • There are heavy consequences of not filing out Form 20A for the company:
  • The company can be stroked off by the registrar
  • The company has to pay a penalty of 50,000.
  • The fee is also increased from 2 times to 12 times as the delay continued.
  • The responsible officer has to pay INR 1000/- per day for the delay period up to INR 1,00,000/-
Q5. What is the normal fee for Form 20A?

Fees vary as per authorised capital from INR 200 to 600.

Q6. What type of companies are not required to file Form 20A?

Any company that does not have share capital need not file Form 20A.


Leave your contact details!

We will get in touch ASAP