Commencement of Business Services in India

Start your company’s operations with Aone Filing’s expert Commencement of Business filing services. We ensure compliance with the Companies Act, 2013, for a smooth business launch.

What is Commencement of Business?

Commencement of Business refers to the mandatory filing of Form INC-20A under the Companies Act, 2013, by companies incorporated after November 2, 2018, with a share capital. It declares that the company has received the subscribed capital and can start its operations.

Why is Commencement of Business Important?

• Ensures compliance with the Companies Act, 2013.
• Mandatory for companies with share capital to begin operations.
• Avoids penalties and restrictions on company activities.
• Confirms receipt of subscribed share capital by the company.
• Enhances credibility with stakeholders and regulatory authorities.

Benefits of Professional Commencement of Business Services

Documents Required for Commencement of Business

• Certificate of Incorporation of the company.
• PAN and TAN of the company.
• Bank statement showing receipt of subscribed share capital.
• Declaration by directors confirming receipt of subscription money.
• Details of subscribers to the Memorandum of Association.
• Digital Signature Certificate (DSC) of an authorized director.
• Registered office address proof (Utility Bill or Rent Agreement).

Process for Commencement of Business

1. Upload the required documents to our web portal.
2. Consult our compliance advisor for personalized guidance.
3. Our team will verify documents and ensure compliance with MCA requirements.
4. Make an online payment for the Commencement of Business filing service.
5. On placing the order, your case will be assigned to one of our dedicated professionals.
6. Our team will prepare and file Form INC-20A with the MCA portal.
7. Track the status of your filing through our portal or app.
8. Receive confirmation of successful filing and commencement certificate.

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Frequently Asked Questions (FAQ)