Commencement of Business (INC-20A) Filing
Corporate Compliance
Commencement of Business (INC-20A) — Start Operations Legally
The INC-20A filing lets a new company legally begin business. In short, a company must declare that its shareholders have paid the subscribed capital. However, a missed filing blocks operations and brings penalties. Therefore, Prospect Legal files your INC-20A correctly and on time. As a result, your company can start business without any legal hurdle.
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INC-20A
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Begin Business the Right Way
What is INC-20A, and who needs it?
INC-20A is the declaration of commencement of business. Simply put, a new company confirms that its shareholders have paid their subscribed capital. Therefore, the company can legally start operations. Above all, it is a must before the company borrows or begins business.
Many companies must file it for clear reasons. First, every company with share capital formed recently. Next, those about to open a bank account and trade. Also, those wanting to avoid penalties and a strike-off risk. Because a delay is costly, timely filing matters.
Documents required for INC-20A
You need only a few documents to start. Also, our team checks each one before filing. As a result, your filing stays clean. Here is the full list:
- The company name and registration number
- Proof of paid-up subscribed capital
- The bank statement showing the deposit
- Details of the directors
- Any sector approval, if required
- A signed authority letting us file for you
How INC-20A filing works — step by step
The process is simple when an expert files for you. Moreover, Prospect Legal handles every step on your behalf. Here is how it works:
Step 1 — Confirm the capital
First, we confirm the subscribed capital is paid in. Because this is the base, this step comes first.
Step 2 — Prepare the declaration
Next, we prepare the INC-20A declaration with proof. Therefore, the filing is ready and correct.
Step 3 — File with the Registrar
Then, we file the form with the Registrar. In addition, we reply to any query.
Step 4 — Confirm the start
Finally, the Registrar records the commencement. After that, your company can begin business.
Why choose Prospect Legal for INC-20A filing?
Many new companies delay this and face penalties or strike-off. However, a timely filing keeps you safe. Here is what sets us apart:
- On-time filing. Because we track the deadline, you never miss it.
- Correct proof. Also, we file the right bank and capital proof.
- Clean form. Next, we prepare it right to avoid rejection.
- Strike-off safety. Moreover, we help you avoid the strike-off risk.
- Real support. Above all, you can reach a human on call or WhatsApp anytime.
INC-20A — what’s included
| Service | What we do | Benefit to you |
|---|---|---|
| Capital Check | Confirm the paid capital | A valid declaration |
| Declaration Prep | Prepare INC-20A with proof | Ready to file, error-free |
| Registrar Filing | File with the Registrar | Commencement on record |
| Query Reply | Answer any Registrar query | Keep the case on track |
| Compliance Advice | Advise on next filings | Stay compliant from day one |
| Confirmation | Confirm the start | Business begins legally |
Related corporate compliance services
Your new company will need more compliance support. Therefore, explore these services next:
- Corporate Compliance & Secretarial — keep your company compliant and secretarial-ready.
- Annual ROC & MCA Filings — file your yearly ROC and MCA returns.
- Auditor Appointment (ADT-1) — appoint your first auditor on time.
Frequently asked questions about INC-20A
What is INC-20A?
It is the declaration that a new company can commence business. Also, it confirms the subscribed capital is paid. Therefore, the company can start operations. We file it for you.
When must INC-20A be filed?
It must be filed within a set period after incorporation. Also, a delay brings penalties. Therefore, timely filing matters. We track the deadline for you.
What happens if I do not file it?
Your company cannot legally begin business or borrow. However, it also risks penalties and strike-off. Therefore, filing is essential. We handle it for you.
What proof is needed?
You need proof that the subscribed capital is paid in. Also, a bank statement shows the deposit. So, we file the right proof. We guide you on this.
How long does INC-20A filing take?
It is quick once the capital is paid and proof is ready. However, timelines vary a little. Therefore, we act fast. Call 7000-12-7225 to file your INC-20A.
Started a new company? File INC-20A and begin business legally.
Do not let a missed filing block your operations. Instead, let our experts prepare and file your INC-20A on time. As a result, your company can start business without a hurdle.
