Commencement of Business Form 20A Filing in India
Commencement of Business filing is a statutory requirement under the Companies Act, 2013 for companies incorporated with share capital. Before starting operations or exercising borrowing powers, every eligible company must submit Form 20A to the Registrar of Companies. This declaration confirms that shareholders have paid their subscribed share capital and that the company is legally prepared to begin business activities.
Form 20A filing ensures that a company meets the requirements of Section 10A and is authorized to operate and raise funds.
Why Commencement of Business Filing is Important
Filing Form 20A is essential for maintaining lawful corporate operations.
Legal compliance with Section 10A of the Companies Act
Authorization to begin business activities
Confirmation of shareholder capital contribution
Prevention of regulatory penalties and restrictions
Improved corporate governance and transparency
Without this filing, a company cannot legally carry on business or borrow funds.
When Form 20A Filing is Required
Companies must complete Commencement of Business filing in the following situations.
Newly incorporated private, public, and OPC companies with share capital
Companies preparing to begin commercial operations
Entities planning to access loans or credit facilities
Companies that have received subscription money from shareholders
Our Commencement of Business Filing Services
i Tax GST Filing provides end to end support for Form 20A compliance.
Preparation and Verification
Verification of paid up share capital
Review of shareholder subscription records
Preparation of statutory declarations
MCA Filing and Submission
Preparation of Form 20A
Filing with the Registrar of Companies
Validation of accuracy and compliance
Confirmation of successful submission
Post Filing Compliance Advisory
Guidance on statutory responsibilities under Section 10A
Support for maintaining statutory registers
Assistance in handling MCA notices or clarifications
Why Choose i Tax GST Filing
Chartered Accountant and Company Secretary led team
Accurate and timely Form 20A filing
Compliance with Section 10 and Section 10A requirements
Support for private, public, OPC, and startup companies
Transparent and reliable service process
Our Commitment
i Tax GST Filing ensures that Commencement of Business filing is completed correctly, legally, and within prescribed timelines. From capital verification and declarations to MCA submission and compliance guidance, every step is handled to help companies begin operations without delay.
Get Started
Begin your company operations with full legal compliance through Form 20A filing.
Connect with i Tax GST Filing for professional Commencement of Business support.