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Form 20A – Filing of Declaration for Commencement of Business

Original price was: ₹2,999.00.Current price is: ₹1,999.00.

File the declaration for Commencement of your business post incorporation of your company

📜✨ Form 20A – Filing of Declaration for Commencement of Business ✨

✅ Services Covered:

  • 📄 Drafting of Documents: Comprehensive document preparation.
  • 📋 Filing of Form 20A: Professional filing assistance.
  • 💰 Includes Govt. Fees: Covers fees up to Rs. 300.

🎯 Who Should Buy:

  • Individuals and businesses required to file Form 20A for commencement of business.

📝 How it’s Done:

  1. 💳 Purchase the Plan: Choose our comprehensive package.
  2. 📤 Upload Documents: Upload required documents on the vault.
  3. 📑 Drafting of Documents: Our experts will draft necessary documents.
  4. 📅 Filing of Form 20A: We’ll handle the filing process.

📄 Documents to be Submitted:

Form 20A Documents

✅ The following documents are required:

  • 📄 Bank Statement: Showing deposit of share capital by the director.
  • 📷 Photos of Director:
    • One photo of the director inside the registered office.
    • One photo of the director in front of the company’s signboard at the registered office.
  • 🌐 Geo-tagging of Photos: Both photos must have geo-tagging to verify they were taken at the registered office.

📄 Frequently Asked Questions

📝 What is Form 20A?

Form 20A is a declaration of commencement of business required for all companies in India incorporated after November 2018 and having share capital.

👥 Who is required to file Form 20A?

Every company incorporated after November 2018 with share capital must file Form 20A with the Registrar of Companies (ROC).

📅 By when should Form 20A be filed?

Form 20A must be filed within 180 days from the date of incorporation.

⚠️ What happens if Form 20A is not filed within the deadline?

The penalty for late filing of Form INC-20A, the Declaration for Commencement of Business, is as follows:

  • Up to 30 days: Two times the normal fee
  • More than 30 to 60 days: Four times the normal fee
  • More than 60 to 90 days: Six times the normal fee
  • More than 90 to 180 days: Ten times the normal fee
  • More than 180 days: Twelve times the normal fee

In addition to the penalty for late filing, the company may also face the following consequences:

    • The company’s name may be removed from the Registrar of Companies (RoC) register.
    • In cases where a company fails to obtain the commencement of business certificate (COB) within 180 days of incorporation, the company will incur a penalty amounting to Rs. 50,000.
    • Each director of the company who is in default may be required to pay a penalty of Rs 1,000 per day of default, up to a maximum of Rs 1,00,000.

📋 What documents are required for filing Form 20A?

The following documents are required:

  • Bank Statement: Showing deposit of share capital by the director.
  • Photos of Director:
    • One photo of the director inside the registered office.
    • One photo of the director in front of the company’s signboard at the registered office.
  • Geo-tagging of Photos: Both photos must have geo-tagging to verify they were taken at the registered office.

❓ Is Form 20A required even if the company hasn’t started business activities?

Yes, it is mandatory regardless of whether the company has begun business operations.

🌐 Can Form 20A be filed online?

Yes, Form 20A can be filed online through the Ministry of Corporate Affairs (MCA) portal.

🔑 Is a Digital Signature Certificate (DSC) required for filing Form 20A?

Yes, the DSC of at least one director is required to submit Form 20A.

✔️ Who can certify Form 20A?

A practicing Chartered Accountant (CA), Company Secretary (CS), or Cost Accountant must certify the form.

💸 What is the filing fee for Form 20A for Companies with Share Capital ?

Sl.No Nominal Share Capital (INR) Fee Applicable (INR)
1 Less than 1,00,000 200
2 1,00,000 to 4,99,999 300
3 5,00,000 to 24,99,999 400
4 25,00,000 to 99,99,999 500
5 1,00,00,000 or more 600

⏳ Estimated Time: 3 days