INC 20A- Commencement of Business Certificate explained

| Last updated: 16 March 2021

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Form INC 20A is a certificate of commencement of business required for companies registered in India after November 2nd, 2018, that have a share capital. This certificate must be obtained within 180 days of the company's incorporation. Failure to file on time can result in significant late fees, which are calculated based on the delay period and can be several times the normal government fee.

What is INC 20A? Who should file INC 20A? Companies registered after the commencement of the Companies (Amendment) Ordinance, 2018 in India and having a share capital arerequired to file for the commencement of business certificate before commencing any business or exercising any borrowing powers. Any company incorporated after 2ndNovember 2018 would be required to get a Commencement of Business Certificate. Time Limit for Obtaining Commencement of Business Certificate. The commence

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1999

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3499

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999

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Ishita Ramani

Director - Operations

She is a young woman entrepreneur and currently the Operations Director at ebizfiling India Private Limited. In her entire career so far, she has led a team of 50+ professionals like CA, CS, MBAs, and retired bankers. Apart from her individual experience on almost every facet of Indian Statutory Compliance, she has bee ... Read more

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