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Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Rohit Agarwal
Founder. TechEdge Solutions
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Meera Sharma
CEO BlueWave Technology
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Priya Reddy
Co founder, Green leaf ventures
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
Vikas Singh
Director. BrightSpark Innovations
Incorporating my private limited company was smooth and stress free. The professional Guidance and timely updates made the whole experience exceptional.
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INC-20A is a mandatory form under the Companies Act, 2013, required for companies incorporated after November 2, 2018. It confirms that the company has received its share subscription money and is ready to start business activities. This form must be filed with the Registrar of Companies within 180 days of incorporation, along with proof of subscription money, a board resolution, and other necessary documents. Filing ensures legal compliance and operational authorization. Failure to file can result in penalties, operational restrictions, and removal from the Register of Companies. OnEasy provides expert assistance for timely and hassle-free INC-20A filing, ensuring your business stays compliant.
Understanding Form INC-20A
INC-20A is a statutory form prescribed under Section 10A of the Companies Act, 2013, which must be filed by companies incorporated in India after the Companies (Amendment) Ordinance, 2018. This form is a declaration by the directors of a company, confirming that the company has received the subscription amount for its shares as stated in the Memorandum of Association (MOA) and that the company is ready to commence its business operations.
What is INC-20A
INC-20A is a statutory form prescribed under Section 10A of the Companies Act, 2013, which must be filed by companies incorporated in India after the Companies (Amendment) Ordinance, 2018. This form is a declaration by the directors of a company, confirming that:
Why is INC-20A Important
Filing INC-20A is crucial for the following reasons:
Key Compliance Requirements for Filing INC-20A
The filing process requires adherence to several compliance requirements:
Advantages of Filing INC-20A
Filing INC-20A offers multiple benefits, including:
Disadvantages of Not Filing INC-20A
Failure to file INC-20A can result in the following issues:
Consequences of Not Filing INC-20A
The repercussions of non-filing are severe and include:
How OnEasy Can Help You with INC-20A Filing
OnEasy is your trusted partner in ensuring a seamless and hassle-free INC-20A filing process. Here's how we assist:
FAQ
Frequently Asked Questions
INC-20A is a declaration form filed with the Registrar of Companies (ROC) to confirm that a newly incorporated company has received its subscription money and is ready to commence business operations.
All companies incorporated in India after November 2, 2018, under the Companies Act, 2013, that have share capital are required to file INC-20A. Companies without share capital are exempt.
The form must be filed within 180 days from the date of incorporation of the company.
Proof of subscription money received (bank statement or certificate), Board resolution authorizing the declaration, Certificate of Incorporation and PAN details, Internal and external photograph of the Premises.
Non-filing can result in penalties: ₹50,000 for the company and ₹1,000 per day for directors (up to ₹1,00,000). Additionally, the company cannot commence business or borrow funds, and its name may be struck off the Register of Companies.
No, a company is not legally permitted to commence business activities or borrow funds until INC-20A is filed.
Yes, INC-20A must be certified by a practicing Chartered Accountant (CA), Company Secretary (CS), or Cost Accountant.
No, companies that do not have share capital are exempt from filing INC-20A.
If the subscription money is not received, the company cannot file INC-20A, resulting in penalties and restrictions on operations and borrowing.
OnEasy provides expert guidance, assists in document preparation, ensures timely and accurate filing, and handles the entire process to keep your company compliant.