Commencement of Business
Commencement of Business
If your company is freshly incorporated, there’s one important compliance you can’t skip: filing the Commencement of Business (COB) form with the MCA. It’s a quick process, but missing the deadline triggers heavy penalties. What this really means is you need to show that the company has actually received its share capital and is ready to start operations.
We help you complete the entire process end-to-end, from documentation to MCA filing, so you stay fully compliant from day one.
What we do
Check the capital received in your company bank account
Prepare board resolutions and required declarations
Draft and file e-Form INC-20A
Coordinate with your bank for supporting proofs
Track the approval until the MCA confirms successful filing
Why this matters
Skipping or delaying COB filing leads to penalties for both the company and directors. The government can even strike the company off. Getting it done early keeps everything clean and avoids compliance headaches later.
Frequently Asked Questions
It’s a mandatory filing (INC-20A) that every new company must submit to the MCA within 180 days of incorporation to confirm that it has received the share capital from its shareholders.
All companies incorporated after November 2018 must file it. LLPs don’t have this requirement.
You mainly need the company’s bank statement showing the receipt of share capital, a board resolution, and the director’s declaration.
You’ll face penalties:
Company: ₹50,000
Directors: ₹1,000 per day
The ROC can also start action to strike off the company.
No. You’re allowed to incorporate the company, but you can’t officially start business activities until INC-20A is filed.