🧾 What is INC-20A?

INC-20A is a mandatory ROC filing for companies incorporated with share capital under the Companies Act, 2013. It is a declaration of commencement of business filed within 180 days of incorporation.

Failing to file INC-20A may lead to:

  • Penalties
  • Inactivation of the company’s status
  • Restriction from filing other ROC forms
  • Company strike-off in extreme cases

✅ Who Needs to File INC-20A?

  • All Private Limited, One Person Company, Public Limited, or Section 8 Company with share capital
  • Companies incorporated after November 2018 under the Companies (Amendment) Ordinance, 2018
  • Not applicable to LLPs or companies without share capital

📑 Documents Required

  • Certificate of Incorporation (COI)
  • Board Resolution for commencement
  • Proof of subscription money received in company’s bank account
  • Copy of bank statement or deposit slip showing credit
  • Digital Signature of Director
  • PAN & DIN of directors

🛠️ Services Included

  • Preparation of Board Resolution for business commencement
  • Drafting and submission of INC-20A form
  • Verification of capital received in bank
  • Filing of e-form with MCA using DSC
  • MCA acknowledgement and receipt download
  • Follow-up for ROC processing status

📋 Timeline & Penalty

Task Timeline
Document Collection 1 Working Day
Form Filing & Submission Same Day
Penalty for Late Filing ₹50,000 for company + ₹1,000/day for director

MCA may initiate strike-off proceedings if INC-20A is not filed in time.

💡 Why Choose SITPakz Solution (SSPL)?

  • ✅ End-to-end support for new incorporations
  • 🧾 Banking & capital deposit advisory
  • 💼 Legal drafting of board resolutions
  • 🖥️ Direct filing through MCA portal with DSC
  • ⏱️ Timely submission and tracking

💬 Frequently Asked Questions (FAQs)

Q. Is INC-20A mandatory for all companies?
➡️ Yes, for all companies with share capital incorporated post-Nov 2018.

Q. What happens if capital isn’t deposited in time?
➡️ The company cannot legally commence business or borrow money.

Q. Is the form applicable to LLPs?
➡️ No. INC-20A is not applicable to LLPs.

Q. Can INC-20A be revised?
➡️ No, but refiling is allowed if rejected for any error.