INC 20A filing is mandatory for companies to start business legally after incorporation. Every company with share capital must file commencement of business (COB) within 180 days to avoid penalties and ROC action.
Commencement of Business Filing (INC 20A) – Mandatory Before Starting Business
Commencement of business (COB / INC 20A filing) is a compulsory compliance for every newly incorporated company having share capital in India.
A company cannot start business operations, raise funds, or enter into agreements unless INC-20A is filed and approved by MCA.
⚠️ Important: INC-20A Non-Filing Penalty
- ❌ ₹50,000 penalty on company
- ❌ ₹1,000 per day penalty on directors
- ❌ Company may be struck off by ROC
👉 Many companies receive ROC notices due to delay or non-filing of INC-20A.
📘 Legal Requirement – Section 10A
As per Section 10A of the Companies Act, 2013, every company must file INC-20A within 180 days from incorporation confirming that:
- ✔ Shareholders have paid subscription amount
- ✔ Company has active registered office
🧾 Professional Certification Required
INC-20A must be certified by a practicing Company Secretary (PCS).
At Prakasha & Co., your filing is handled by:
- ✔ FCS 11130 (Company Secretary)
- ✔ Certificate of Practice No: 15592
- ✔ Experienced CA & Legal Team
👉 Ensuring accurate filing and zero compliance risk.
💡 Practical Issue Faced by New Companies
Many companies are registered through agents, friends, or online portals, but INC-20A filing is often missed.
This leads to:
- ❌ Delay in starting business
- ❌ ROC notices
- ❌ Heavy penalties
👉 It is important for founders to ensure this compliance is completed on time.
Recently incorporated your company?
Check your INC-20A status and file immediately to avoid penalties.
📞 7019827351 | 📧 crp@prakashaandco.com
Documents Required for Commencement of Business (INC-20A Filing)
To complete commencement of business (INC-20A filing), proper documentation is required. Incorrect or incomplete documents are the main reason for rejection by MCA.
✔ Key Requirement – Subscription Money Proof
The most important requirement is proof that shareholders have paid the share capital.
- ✔ Bank statement of company
- ✔ Showing credit of share capital from shareholders
- ✔ Must match incorporation details
👉 This is mandatory under Section 10A and without this, INC-20A cannot be filed.
Other Required Documents
- ✔ Company bank account details
- ✔ Certificate of Incorporation (COI)
- ✔ PAN of company
- ✔ Registered office proof (if applicable)
⚠️ Common Mistakes to Avoid
- ❌ Share capital not deposited in company bank account
- ❌ Amount received in director personal account instead of company account
- ❌ Delay in opening bank account
- ❌ Mismatch between bank proof and incorporation details
👉 These issues can lead to rejection or delay in filing.
💡 Practical Tip for New Companies
Immediately after company incorporation:
- ✔ Open company bank account
- ✔ Deposit share capital from all shareholders
- ✔ Maintain proper transaction proof
👉 Early action avoids last-minute compliance issues.
Not sure if your documents are correct?
Share your bank proof and company details — we will verify and guide you.
📞 7019827351 | 📧 crp@prakashaandco.com
INC-20A Filing Process – Simple, Quick & Fully Handled
We make the commencement of business (INC-20A filing) process simple for you. You just share basic documents — we handle the complete filing and certification.
Step 1: Share Basic Documents
Send your company documents such as:
- ✔ Certificate of Incorporation (COI)
- ✔ MOA (Memorandum of Association)
- ✔ Company bank statement (showing share capital)
👉 You can share via WhatsApp or Email for quick review.
Step 2: Document Review by Expert Team
Our CA / CS team will verify your documents and identify if anything is missing or needs correction.
👉 We guide you clearly on any additional documents required.
Step 3: Preparation & Certification
We prepare INC-20A form and get it certified by:
- ✔ Practicing Company Secretary (FCS 11130)
- ✔ Certificate of Practice No: 15592
👉 Ensuring compliance as per MCA requirements.
Step 4: Filing with MCA
The form is filed online with MCA along with required attachments.
Step 5: Approval & Confirmation
Once approved, your company is legally eligible to start business operations.
⏱️ Timeline for INC-20A Filing
- ✔ Document review: Same day
- ✔ Form preparation & certification: 1–2 days
- ✔ MCA approval: 2–4 working days
👉 Total time: 3 to 5 working days
💡 Simple Process – No Hassle
You don’t need to worry about legal or technical details.
Just share your documents — we:
- ✔ Review and guide you
- ✔ Prepare complete filing
- ✔ Handle certification and submission
👉 Complete end-to-end support.
Ready to file your INC-20A?
Send your documents on WhatsApp or Email — we will review and proceed immediately.
📞 7019827351 | 📧 crp@prakashaandco.com
Cost of Commencement of Business (INC-20A Filing) – Transparent & Affordable
We offer simple and transparent pricing for INC-20A filing with no hidden charges.
🎉 Special Benefit for Our Clients
If your company is registered through us:
✔ INC-20A Filing – FREE of Cost
👉 As part of our end-to-end company setup support.
💼 Professional Fees (For Others)
₹1,500 – ₹3,000 (All Inclusive)
Includes:
- ✔ Document verification
- ✔ Form preparation
- ✔ PCS certification (FCS 11130)
- ✔ MCA filing
- ✔ Follow-up until approval
✔ No Hidden Charges
- ✔ No extra certification fees
- ✔ No hidden filing charges
- ✔ Clear upfront pricing
⚠️ Cost of Delay vs Cost of Compliance
Filing INC-20A on time costs very little compared to penalties:
- ❌ ₹50,000 penalty on company
- ❌ ₹1,000 per day on directors
👉 Early filing saves cost and avoids legal issues.
Get your INC-20A filed today
Share your documents — we will give exact cost and proceed immediately.
📞 7019827351 | 📧 crp@prakashaandco.com
Frequently Asked Questions – Commencement of Business (INC 20A / COB)
1. Is INC-20A mandatory for all companies?
No. INC-20A is required only for companies having share capital. It is not applicable for companies without share capital.
2. What is the due date for INC-20A filing?
INC-20A must be filed before start your business or within 180 days from incorporation. which ever is earlier.
3. What is the cost of INC-20A filing?
₹1,500 – ₹3,000 (all inclusive). If your company is registered with us, it is FREE.
4. How long does INC-20A filing take?
Usually 3 to 5 working days after receiving correct documents.
5. What documents are required for INC-20A?
- ✔ Company bank statement
- ✔ Proof of share capital deposit
- ✔ COI & MOA
6. Share capital was deposited on different dates. Is it valid?
Yes. Capital can be deposited in multiple transactions. However, total amount must match subscription in MOA.
7. What if share capital is not deposited yet?
You must deposit the capital into the company bank account before filing INC-20A. Filing cannot be done without this proof.
8. Can one director deposit capital on behalf of all shareholders?
Ideally, each shareholder should deposit their own share amount. However, practical solutions are available depending on the situation — we can guide case-by-case.
9. What if shareholder name is not visible in bank statement?
Additional proof like transfer narration, confirmation, or declaration may be required. We will help you structure the documents properly.
10. Can capital be brought in the form of assets instead of cash?
Generally, INC-20A requires proof of cash deposit into bank account. Asset contribution may require proper documentation and valuation — not accepted in all cases.
11. What if bank account is not opened yet?
You must open a company bank account first. Without it, INC-20A cannot be filed.
12. What is COB in company?
COB means Commencement of Business, which is filed through INC-20A form with MCA.
13. Can you only certify INC-20A if we prepare the form?
Yes. If you have prepared the form, we can provide PCS certification after proper verification.
👉 Certification fees: ₹1,000 – ₹1,500
14. What happens if INC-20A is not filed?
- ❌ ₹50,000 penalty on company
- ❌ ₹1,000 per day on directors
- ❌ ROC may strike off company
Have a unique situation? We handle all cases.
Share your bank statement and company details — we will guide you step-by-step.
📞 7019827351 | 📧 crp@prakashaandco.com
About the Author
Prakasha C R (FCS 11130, COP 15592) is a qualified Company Secretary, Chartered Accountant, and Legal Professional with over 15+ years of experience in handling MCA compliance, INC-20A filing (Commencement of Business), and ROC matters.
He leads the expert team at Prakasha & Co., Bangalore, providing end-to-end support for company incorporation compliance, INC-20A certification, capital verification, and post-registration filings.
With practical experience in handling ROC notices, delayed filings, and compliance corrections, the team ensures accurate certification, quick filing, and penalty risk reduction for startups and new companies.
Last Updated: 01 May 2026
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Need help with INC-20A (Commencement of Business)?
Share your company documents via WhatsApp or email – we will review, certify and complete your filing quickly with proper compliance.
📞 7019827351 | 📧 crp@prakashaandco.com
