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Certificate of Commencement of Business

In 1 day.  From Anywhere.  At a Single Click

Mandatory for all new companies incorporated from 2nd November 2018.

Bank Account must be opened and shareholder must deposited amount of shares

File form Within 180 days of incorporation. Thereafter Heavy penalty.
 

Quick Enquiry or Call :
9650082009, 7065005006

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Basic

Basic

StartupGali India

Rs.2500/-
Rs.2000/-

Buy Now

Form Inc-20A + Drafting of Documents + Declaration for COB + Board Resolution + Filing of Form INC-20A + Payment of Fees + Approval of Form INC-20A.
 

Standard

Standard

StartupGali India

Rs.4000/-
Rs.3000/-

Buy Now

Form Inc-20A + Drafting of Documents + Declaration for COB + Board Resolution + Filing of Form INC-20A + Payment of Fees + Approval of Form INC-20A + Issuance of Share Certificates to all the subscribers.
 

Premium

Premium

StartupGali India

Rs.5000/-
Rs.4000/-

Buy Now

Form Inc-20A (For Filing Certificate of Business) + Form ADT-1 (for Appointment of Auditor) + Drafting of Documents for Both + Filing of Forms + Payment of Fees + approval of Forms + Issuance of Share Certificates to all the subscribers

About

Certificate of Commencement of Business after Incorporation of The Company.

The MCA has mandated all the new companies incorporated on or after 2nd November, 2018 to file a new form as a proof that the company has moved for starting business and subscribers/shareholders also deposited the amount of shares subscribed in the company current account.

As soon as the company is incorporated, the vary first step was generally opening of bank account, which now has been changed as w.e.f 15th February 2020 all the companies incorporated will be getting its bank account opened alongwith its company incorporation process through spice+ form..

As soon as the Current account of The Company will be opened, All the Subscribers of the MOA/initial shareholders  has to deposit/transfer the subscribed amount in the company account. After That, The Company shall have to file a declaration within 180 days from the Date of Incorporation in Eform Inc-20A declaring that every subscriber to the memorandum has paid the value of the shares agreed to be taken by him/her allongwith the proof of Payment and Bank Statement.
 

Document Required

  • Bank Statement of The Company Current account showing the amount deposited by the subscriber as per agreed sharing at the time of incorporation.
  • Proof of Payment by all subscribers.
  • Valid DSC of any of the Director.
  • A declaration by any authorized director that the subscribers have deposited the full amount as agreed.

Important points to be noted.

  • The amount must be transferred by the Personal Bank account/saving account of the subscribers in a single transaction..
  • The amount must not be broken in various transaction.
  • Bank Statement must show the name of the Subscriber.
     

 

What You Get

The Form INC-20A can be filed with the Certification of any professional only, so, 

  • Drafting of Declaration for the authorized director.
  • Preparation of Board Resolution for Filing this form.
  • Preparation of Form by the Professionals.
  • Certification of all the Documents and form INC-20A by the professional.
  • Filing of Form Inc-20A with MCA Portal allongwith Payment of Govt Fees.
  • Confirmation of Email from the MCA that the form is approved.
  • Copy of Eform Inc20A and its Challan paid.

Note: That there will be no Physical/or Online Certificate generated after approval of Form Inc-20Aonly approval mail will work.
 

Advantage

The Company has to mandatory File this form INC-20A within 180 days of incorporation.
This Form Inc-20A is the proof that the Company has started its Business activity.

  • The Company cannot file any Other Form (except auditor appointment) for Change in the Company before Filing this form.
  • In case this form is not filed on or before the said period,  company cannot commence its business or exercise any borrowing powers without getting COB.
  • In the eyes of law, company have not started its business and the registrar may have reason to wind up the company. As per section 11(3) where no declaration has been filed with the Registrar within a period of 180 days of the date of incorporation of the company and the Registrar has reasonable cause to believe that the company is not carrying on any business or operations, he may, without prejudice to the provisions of section 11(2), initiate action for the removal of the name of the company from the register of companies under Chapter XVIII
  • Safe from Penal Provision: As per section 11(2), if any default that is complying with the requirements of this section, the company is liable to a penalty which extends to five thousand rupees and every officer who is in default is punishable with fine which extend to one thousand rupees for every day during which the default continues.
     

Time Duration

The Company has to mandatory File this form INC-20A within 180 days

The professional Time Period for Filing This Form is- 1-2 days.
 

Faq's

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