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FORM INC-20A
FORM INC-20A is a form that needs to be filed with the Registrar of Companies (ROC) in India when a company is incorporated. It is a declaration that confirms that the company has complied with all the necessary requirements to commence business and that the company has a registered office. The form needs to be filed within 180 days of the date of incorporation, along with a copy of the company’s Memorandum of Association (MOA) and Articles of Association (AOA), and proof of the registered office address. The purpose of FORM INC-20A is to ensure that the company has a valid registered office address and is ready to commence business.
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Overview of FORM INC-20A
Form INC-20A was introduced via Companies (Amendment) Ordinance 2018 wherein it made all companies registered in India after the commencement of the Companies (Amendment) Ordinance, 2018 and having a share capital, mandatory to obtain commencement of business certificate before commencing any business or exercising any borrowing powers. Therefore after 02.11.2018, any company incorporated after this date would be required to obtain Commencement of Business Certificate.
It should be filed by the directors within 180 days from the date of incorporation of a company. Once the company receives a certificate of incorporation, the directors will file a declaration certificate of commencement of business. Our professionals will help you in filing FORM INC-20A.
Advantages of FORM INC-20A
- Fundraising
- Credibility
- No Penalties
Registration Process of FORM INC-20A
Step 1: Collecting Documents/Information: After getting your request, our representative will collect the necessary information & documents from you.
Step 2: Form Preparation & Filing: Afterward, we will prepare your FORM with required documents & file the same with the registrar in 1 working day.
Documents Required of FORM INC-20A
1. Proof of payment of subscribed capital (Bank statement/ NEFT / IMPS receipts)
2. Registration Certificate (Certificate of registration by RBI/ other regulators (applicable to NBFC)
FAQ's on FORM INC-20A
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