Registration Rocket
FORM-20A
Form-20A Compliance by Registration Rocket: Ensure your company’s compliance with Form-20A, the mandatory declaration for commencing business. We streamline the process, ensuring timely and accurate submission to avoid penalties.
Declaration of Commencement of Business (FORM-20A)
The Declaration of Commencement of Business (FORM-20A) must be filed by company directors within 180 days of incorporation. This form notifies the Registrar of Companies (ROC) that the company has begun its operations.
Purpose of Form-20A
The purpose is to ensure compliance with the Companies Act, 2013. Filing this form shows the ROC that the company is committed to legal requirements and responsible business practices.
Who Needs to File Form-20A?
All companies incorporated under the Companies Act, 2013 must file Form-20A, except for:
- OPC/Pvt. Ltd companies incorporated under the Companies Act, 2013
- Section 8 companies (charitable or social welfare purposes)
- Companies incorporated under the Foreign Exchange Management Act, 1999 (FEMA)
Contents of Form-20A
Form-20A requires the following information:
- Name and address of the registered office
- Date of commencement of business operations
- Declaration of compliance with the Companies Act, 2013
- Signatures of two directors
Penalties for Not Filing Form-20A
Failure to file Form-20A within 180 days of incorporation results in a penalty of INR 5,000 per day, up to a maximum of INR 1 lakh.
Conclusion
Filing the Declaration of Commencement of Business (FORM-20A) is crucial for all companies incorporated under the Companies Act, 2013, except for OPCs, Section 8 companies, and FEMA companies. It demonstrates compliance with the law and a commitment to responsible business practices.
For any questions about Form-20A, please contact your SRM for more details.
Document Required
Declaration of Commencement of Business (FORM-20A) (Gov Fee Extra)
Amedment in MOA & AOA
(Gov Fees Extra)
Frequently Asked Questions
Find answers to common questions about our services.
What is Form-20A?
Form-20A is a declaration that newly incorporated companies in India must file within 180 days of incorporation, confirming the commencement of business operations.
Who is required to file Form-20A?
All companies incorporated under the Companies Act, 2013, except One Person Companies (OPCs), Section 8 companies, and companies incorporated under the Foreign Exchange Management Act, 1999 (FEMA), are required to file Form-20A.
What information is needed to complete Form-20A?
The form requires the company's registered office address, the date business operations commenced, a declaration of compliance with the Companies Act, 2013, and the signatures of two directors.
What are the consequences of not filing Form-20A on time?
Companies that fail to file Form-20A within 180 days of incorporation may face penalties of INR 5,000 per day of delay, up to a maximum of INR 1 lakh.
How do I file Form-20A?
Form-20A can be filed online through the Ministry of Corporate Affairs (MCA) portal. Ensure all required information and documents are ready before filing.
Why is Form-20A important?
Filing Form-20A demonstrates a company’s commitment to complying with the Companies Act, 2013, ensuring legal compliance and avoiding penalties.
