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Commencement of Business (S.10A)

File INC-20A declaration within 180 days of incorporation: paid-up capital verified

4 steps~31 days start to finishfiles INC-20A
If it’s filed late

MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.

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The steps, in order

1

Verify Subscription Money Received

Confirm all subscribers have paid the value of shares subscribed in MOA.

within 7 days
  • All subscribers have paid
  • Bank confirmation obtained
2

Obtain Bank Statement as Proof

Get bank statement showing receipt of subscription money.

within 3 days
3

Pass Board Resolution

Board verifies compliance and passes resolution to file INC-20A.

within 7 days · document made for you
4

File INC-20A with ROC

File declaration of commencement of business within 180 days of incorporation.

within 14 days · files INC-20A

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