Commencement (INC-20A)
Commencement (INC-20A) services managed seamlessly by our expert team.
Every company with share capital must file a declaration of commencement of business, Form INC-20A, within a set time of incorporation. Missing it can lead to penalties and even strike-off. CASYST files it correctly and on time.
What is Commencement (INC-20A)?
Form INC-20A is a declaration that every subscriber to the company's memorandum has paid the value of the shares they agreed to take. It must be filed with the Registrar of Companies within 180 days of incorporation, and a company cannot begin business or exercise borrowing powers until it is filed.
Failure to file can attract penalties for the company and its officers and can lead to the ROC striking the company off the register.
Who needs Commencement (INC-20A)?
- Newly incorporated companies with share capital
- Startups within 180 days of incorporation
- Companies that missed the deadline
- Founders who want to begin business legally
Benefits of Commencement (INC-20A)
Start business legally
Meet the condition to begin operations.
Avoid penalties
Prevent fines on the company and directors.
Avoid strike-off
A pending INC-20A can put the company at risk.
Proof of paid capital
Verifies subscribers' contribution.
Quick filing
We file within days once documents are ready.
Eligibility
- Companies with share capital incorporated on or after the relevant date
- Subscribers must have paid the subscription money
- Must be filed within 180 days of incorporation
- Registered office details must be verified
Documents required
- Certificate of incorporation
- Bank statement showing subscription money received
- Details of subscribers and shares allotted
- Registered office address proof
- Director details and DSC
- Declaration by a director
Commencement (INC-20A) process
- 1Step 1
Verify paid-up capital
We check the bank record for the subscription money.
- 2Step 2
Prepare the declaration
We prepare Form INC-20A and the director's declaration.
- 3Step 3
Verify registered office
We confirm the registered office details.
- 4Step 4
Sign with DSC
The declaration is digitally signed.
- 5Step 5
File with the ROC
We file the form with the fee.
- 6Step 6
Confirmation
You receive the approved form.
After you file
- The company can begin business and exercise borrowing powers
- Keep the approved form
- Continue with statutory compliance
- Open or use the bank account for operations
- Keep records of the subscription payment
Consequences of not filing
- Penalty on the company and its officers
- Restrictions on starting business
- The ROC may initiate strike-off
- Risk of disqualification of directors
Related services
Commencement (INC-20A) cost
Our Commencement (INC-20A) package starts from ₹3,999. Government fees, stamp duty and other statutory charges are separate and depend on your state and the exact filing involved. We give you a clear, itemised quote before we start, with no hidden charges.
Get a QuoteCommencement (INC-20A) checklist
- Verify paid-up capital
- Prepare the declaration
- Verify registered office
- Sign with DSC
- File with the ROC
- Confirmation
Frequently asked questions
Within 180 days of the date of incorporation.
A penalty applies to the company and its officers, and the ROC may take strike-off action.
Companies with share capital that were incorporated on or after the relevant date.
No. The company should not begin business until it files.
Yes, bank evidence of the subscription money is required.
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