Confused?

Get Clarity from an Expert for Only ₹199!

We Are Registered Under:-

INC-20 A Filing

INC-20A Filing – Mandatory for Newly Incorporated Companies

Overview

INC-20A is a declaration of commencement of business, mandatory for all companies incorporated after November 2018 under the Companies Act, 2013. A company cannot begin operations or raise capital unless it files INC-20A with the Registrar of Companies (ROC).

With Company Mitra’s expert service, you can file INC-20A hassle-free, ensuring smooth business commencement and avoiding penalties.

Requirements for INC-20A Filing

To file INC-20A, companies must:

Be a Private Limited, Public Limited, or OPC incorporated after 2nd November 2018.
Have a valid Certificate of Incorporation (COI).
Ensure that all initial capital contributions are deposited in the company's bank account.
Obtain a bank statement showing the initial share capital deposit.
Ensure Director KYC compliance (DIR-3 KYC filed).

Benefits of INC-20A Filing

Legally Start Business Operations – Companies cannot commence business without INC-20A approval.
Avoid Heavy Penalties – Non-filing leads to fines of up to ₹50,000 for the company and ₹1,000 per day for directors.
Open Corporate Bank Account – Required for smooth financial transactions.
Raise Funds Legally – Enables companies to receive investments and issue shares.
Ensure Compliance with MCA – Filing prevents legal complications and company strike-off.

Document Required

Bank Statement / Proof of Share Capital Deposit
Certificate of Incorporation (COI)
PAN Card of the Company
Board Resolution for Business Commencement
Director KYC Details

Professional Fees

~~₹3,000.00~~ ₹1,500.00

Additional Cost

Process time

2-5 working days from document submission.

Steps

🔽 Consultation & Compliance Check – We verify company incorporation details.
🔽 Collection & Review of Documents – Our experts ensure all necessary paperwork is in order.
🔽 Preparation & Filing of INC-20A – We draft and submit the form to the MCA portal.
🔽 Approval Confirmation – Receive ROC acknowledgment for successful filing.

FAQ

👉 What is INC-20A filing?
It is a declaration to the ROC that a company has received initial capital and is ready to commence business.

👉 Who needs to file INC-20A?
All companies incorporated after November 2018, except those limited by guarantee.

👉 When should INC-20A be filed?
Within 180 days from the date of incorporation.

👉 What happens if INC-20A is not filed?
The company cannot operate legally and may face penalties or strike-off by ROC.

👉 Can I file INC-20A online?
Yes, it must be filed on the MCA portal with digital authentication.

👉 What is the penalty for late filing?
₹50,000 for the company and ₹1,000 per day for each defaulting director.

👉 Is a bank statement mandatory for INC-20A?
Yes, proof of initial capital deposit is compulsory.

👉 Can an inactive company avoid filing INC-20A?
No, filing is mandatory for all applicable companies, even if inactive.

👉 How does Company Mitra assist in INC-20A filing?
We handle document verification, form preparation, and filing for quick approval.

👉 Do I need an auditor for INC-20A filing?
No, but your share capital deposit must be verifiable.

👉 Can INC-20A be filed after 180 days?
Yes, but penalties will apply and ROC may take legal action.

Compliances

📝 Key Compliance Requirements for INC-20A Filing

✅ Applicable to all companies incorporated after 2nd November 2018 (except companies limited by guarantee).
✅ Must be filed within 180 days from the date of incorporation.
✅ Company must have a corporate bank account with proof of share capital deposit.
✅ Director KYC (DIR-3 KYC) must be completed before filing.
✅ Digital Signature Certificate (DSC) of the Director is required for authentication.
✅ Approval from ROC is mandatory to legally commence business activities.

⏳ Due Date for INC-20A Filing

Compliance Activity 📑	Applicable Form 📝	Due Date 📅	Penalty for Delay ⚠️
Declaration of Business Commencement	INC-20A	Within 180 days of incorporation	₹50,000 (Company) + ₹1,000 per day (Directors)

Penalties

📌 Penalties & Interest Chart for INC-20A Non-Compliance

Non-Compliance Issue ⚠️	Applicable Form 📝	Penalty / Interest Rate 🔴	Impact 📌
Failure to File INC-20A within 180 Days	INC-20A	₹50,000 (Company) + ₹1,000 per day (Directors)	Business operations restricted
Delay in Filing Beyond Due Date	INC-20A	₹100 per day until filed	Additional financial burden on the company
Company Strike-Off by ROC	N/A	ROC may remove company from records	Company ceases to exist
Directors Declared Disqualified	N/A	Directors banned from forming new companies for 5 years	Legal restrictions on business activities
Legal Scrutiny & Heavy Fines	Companies Act, 2013	Additional penalties based on delay	Possible legal action against directors

⏳ Interest on Late Payments

🔴 18% per annum interest on unpaid penalties for delayed filings.
🔴 Directors may be personally liable for non-compliance.
🔴 Repeated violations can lead to higher scrutiny and legal action.