Commencement of Business is the statutory MCA compliance through which every company incorporated with share capital files Form INC-20A with the Registrar of Companies (RoC) under Section 10A of the Companies Act 2013 read with Rule 23A of the Companies (Incorporation) Rules 2014. A company incorporated after the commencement of the Companies (Amendment) Act 2019 and having share capital cannot commence business or exercise borrowing powers unless a director files a declaration within 180 days from the date of incorporation confirming that every subscriber to the memorandum has paid the value of shares agreed to be taken by them. The company must also have completed registered office verification under Section 12(2). Non-filing or late filing of INC-20A exposes the company to a ₹50,000 company penalty, officer penalties of ₹1,000 per day up to ₹1,00,000, and in serious cases, RoC action for removal of the company name from the register.

Our Commencement of Business filing services handle every INC-20A requirement for Private Limited Companies, Public Limited Companies, OPCs, Section 8 companies with share capital, subsidiaries, foreign-owned companies, startup companies, group companies, and companies with delayed capital infusion. We manage subscriber capital verification, bank statement review, capital receipt mapping, board-level declaration, director DSC filing, registered office compliance check, professional certification support where required, late-filing advisory, penalty exposure calculation, RoC notice response, and strike-off protection. Whether your company has just been incorporated, is nearing the 180-day deadline, has received subscriber money in tranches, has a mismatch between MOA subscription and bank credits, or has already missed the INC-20A due date, we prepare a compliant filing pathway with documentation that can withstand RoC scrutiny.