Activate your company's operations with timely ROC compliance.
This is a mandatory post-incorporation compliance for all companies registered under the Companies Act, 2013 with share capital.
Why It Matters
Every company incorporated in India with a share capital (Private Limited or Public Limited) must file Form 20A (Declaration of Commencement of Business) with the Registrar of Companies (ROC) within 180 days from the date of incorporation.
This filing certifies that:
- The company has received the subscription money from shareholders
- A registered office address has been filed with ROC
- The company is ready to commence its business activities
Consequences of non-compliance:
- Penalty of ?50,000 on the company
- Penalty of ?1,000 per day on directors (up to ?25,000 each)
- Company may be struck off by ROC for non-filing
Our Services
- Share Capital Verification - Ensure subscription money is received in the company's bank account
- Board Resolution Drafting - Prepare resolutions authorizing filing of Form 20A
- Certificate from CA/CS/CWA - Certification of receipt of share capital
- Form 20A Filing with ROC - E-filing with MCA portal using DSC
- Bank Account Compliance - Assistance in opening & linking current account
- Post-Filing Support - ROC acknowledgment and compliance updates
Why Choose FinnovateAI?
- CA & CS-Led Team - Experts in post-incorporation filings and MCA compliance
- Penalty-Free Filing - Ensure Form 20A is filed within 180 days to avoid heavy fines
- End-to-End Execution - From document preparation to ROC approval
- Fast Turnaround - Same-day filing possible once documents are in place
- Integrated Startup Services - Seamless link with PAN, TAN, GST, and bank account setup
Our Process
- Consultation & Document Collection - Verify incorporation certificate, subscriber details, bank proof of share capital receipt
- Board Resolution Drafting - Approvals from directors for commencement filing
- Form Preparation & Certification - Prepare & get CA/CS certification
- ROC Filing (Form 20A) - Submit declaration via MCA portal using DSC
- Approval & Activation - ROC issues Certificate of Commencement of Business
Who Needs It?
- Private Limited Companies with Share Capital
- Public Limited Companies with Share Capital
- Startups & SMEs incorporated after 2019 (Companies Amendment Act)
- Businesses planning operations post-incorporation