INC-20A (Business Commencement form)
Every Company has to mandatorily file Form INC-20A within 180 days of the Incorporation of a Company.
Also you need an active current bank account in the name of the Company and the shareholders must have transferred their respective paid up capital to the Company.
Failing to file INC-20A may result in hefty penalties. So file soon!
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About Service
Form INC-20A is a vital filing requirement for companies incorporated after November 2, 2018, with share capital. It signifies the commencement of business operations and is mandated by Section 10A of the Companies (Amendment) Ordinance 2018. This comprehensive guide provides insights into the importance of filing Form INC-20A, its benefits, penalties for non-compliance, fees based on share capital, the filing process, and the required documents for ROC compliance.
List of Documents Required
Bank Statements
Digital Signature Certificate (DSC)
