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Commencement of Business?

The MCA has introduced Commencement of Business filing by all newly incorporated companies which are having share capital. The companies having share capital and registered on or after 02.11.2018 has to file eForm INC-20A with MCA with in 180 days of incorporation. This is a simple declaration of commencing the business and the share capital amount is received by it. If they don't file this, they can not excercise borrowing powers and can not file any other forms with MCA, also a penalty of Rs. 50,000/- for company and Rs. 1,000/- for each director per day will be imposed.

CompaniesHouse is an MCA Authorized Company Registered Agent in India. The object of the CompaniesHouse is to minimize the cost in registering business entitie throughout India.

For detailed information and documentation you can Click Here

FAQ

What is Commecement of Business?

It is a simple declaration to be filed in eForm INC-22A with MCA regarding receipt of share capital amount by the company.

What if we don't file commencement of business?

A penalty of Rs. 50,000/- for company and Rs. 1,000/- for each director will be imposed and the company can not excercise the borrwing powers and can not file any other forms with MCA.

Who has to sign this eForm INC-22A?

One of the directors of the company and a professional like CA/CA et.,

What is the main object of introcution of this Commencement of Business?

This is introduced to get the declaration of commencement of business as earlier so many companies were registered and did not commence business.

Is it mandatory to file eForm INC-22A?

Yes, it it mandatory to a company having share capital.

How much time taken to file this eForm INC-22A?

10 minutes.

What is the government fee for filing eForm INC 22A?

Rs. 300/-*.

DOCUMENTS REQUIRED

  • Proof of receipt of share capital amount by the company
  • Director DSC
  • Resolution of Company optional
  • Professional DSC

PRICING & DELIVERABLES

Economy Plan

Commencement of Business

Rs1,999/InclTax
EMI OPTION
  • Filing of eForm INC-22A
  • ICICI Current Banking Account
  • Company KIT
  • Free GST & Accounting Software
  • Free GST e-Way bill Software
  • All Business Documents free
  • Free book - Companies Act, 2013
  • MCA Rules
  • MCA Regulations Regulations
  • MCA Circulars

Notes:

  1. Government fee and other incidental expenses have to be born by the client.
  2. The director has to provide his Mobile Number and Emial id.
  3. In case of Annual Compliance, the govt challans will be born by the client.
  4. Audit fee is at actuals on annual basis.

WHAT CLIENTS SAYS?

You are truly experienced in Company Registrations. Keep it up!

Ram Kumar Chilukuri Director, Anewa Engineering Pvt Ltd 02.06.2016

Thanks for your continuous support. God bless you!

Nrupesh CFO, Blujay Solutions Private Limited 14.06.2016

Thank you CompaniesHouse for saving in Income Tax!

Avtar Singh Managing Partner, Chetak Transporters 25.06.2016

We are surprised to get our Company registered in one day. Thanks to you guys!

Mohammed Fasiuddin Director, Avidus Engineering Private Limited 29.06.2016

Thank you for the initial discussion as we choose best business format!

Lakshmi Keerthi Reddy Director, Lavanar Sea Food Farming Private Limited 01.09.2016

Thank you CompaniesHouse for reminding on timely statutory compliance!

Rambabu Director, Cybervillage Solutions Pvt ltd 05.09.2016

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