Commencement of Business (Form 20A) Filing Services
📌 What is Commencement of Business (Form 20A) Filing?
Form 20A is a statutory requirement under the Companies Act, 2013 for companies incorporated with a share capital. Filing this form is mandatory before the company starts its business operations.
As per Section 10A of the Companies Act, 2013, a company cannot commence business or exercise borrowing powers unless it files Form 20A with the Registrar of Companies (ROC). The filing confirms that the company has received the subscription amount from its shareholders, and the declaration of compliance with the minimum paid-up capital requirement has been submitted.
📌 Why Filing Form 20A is Important
- Legal Compliance – Ensures adherence to Section 10A of the Companies Act, 2013, preventing penalties or restrictions on business activities.
- Operational Legitimacy – Only after Form 20A filing can a company legally commence operations or exercise borrowing powers.
- Shareholder Confirmation – Confirms that all shareholders have subscribed and paid the minimum required capital.
- Avoid Penalties – Non-filing may attract fines and restrictions on company activities.
- Corporate Governance – Provides transparency on capital receipt and operational readiness for stakeholders, lenders, and regulatory authorities.
📌 Common Scenarios Requiring Form 20A Filing
- Newly incorporated private, public, or OPC companies with share capital.
- Companies intending to begin operations after incorporation.
- Businesses seeking to exercise borrowing powers under Section 179(3)(d) or other statutory provisions.
- Ensuring compliance before opening bank accounts or executing financial transactions.
📌 Our Form 20A Filing Services Include
✅ Preparation & Verification
- Verification of paid-up capital and shareholder subscription.
- Compilation of necessary supporting documents, including declaration by directors and copies of share allotment details.
✅ Form Filing with MCA
- Preparation and submission of Form 20A to the Registrar of Companies (ROC).
- Ensuring all statutory attachments are complete, accurate, and compliant with Section 10A.
- Confirmation of successful filing and update in MCA records.
✅ Compliance Advisory & Support
- Guidance on legal requirements under Section 10A of the Companies Act, 2013.
- Advisory on post-filing compliance, including board approvals and maintenance of statutory registers.
- Assistance in addressing MCA queries or notices related to Form 20A filing.
📌 Why Partner With Us
- CA & CS-backed team ensuring accurate and timely Form 20A filing.
- Expertise in compliance with Sections 10 and 10A of the Companies Act, 2013.
- Professional handling of director declarations, shareholder confirmations, and MCA submissions.
- Support for all types of companies including private, public, OPC, and startups.
- Transparent process ensuring statutory compliance and audit-ready records.
📌 Our Commitment
We ensure that your Form 20A is filed efficiently, legally, and in compliance with Section 10A of the Companies Act, 2013, allowing your company to commence business operations seamlessly. Our CA and CS-backed team manages the entire process—from capital verification, director declarations, and form preparation to MCA filing and post-filing compliance—ensuring operational readiness and statutory compliance.