Home > Income Tax > Help Center > INC 20A Guide Last Updated: Jan 30th 2023
INC 20A is a form to declare the commencement of the business for the companies. Every Company which is incorporated after 02nd Nov 2018 needs to file INC 20A with the Registrar of Companies (ROC). Know more on who to file, timing, MCA fees, non-filing consequences, & penalties.
Rule 23A of the Companies (Incorporation) Rules, 2014 and Section 10A of Companies Act 2013 governs the INC 20A.
Any Company
The following companies are not required to file INC 20A
Every company must file INC 20A within 180 days from the date of incorporation.
The following are the pre requisites for filing INC 20A
Every ROC form should be accompanied by a government fees. The Government fees for filing INC 20A is as follows.
| S.No | Share Capital | Applicable Fees |
|---|---|---|
| 1 | < 1,00,000 | Rs 200 |
| 2 | 1,00,000 to 4,99,999 | Rs 300 |
| 3 | 5,00,000 to 24,99,999 | Rs 400 |
| 4 | 25,00,000 to 99,99,999 | Rs 500 |
| 5 | 1,00,00,000 or more | Rs 600 |
If the companies don’t file the INC 20A within due date, there is a late fee levied by MCA. Below is the late fee for belated filing of INC 20A
| S.No | Period of delay | Applicable Fee |
|---|---|---|
| 1 | Upto 30 days | 2 times of normal fees |
| 2 | 31 days to 60 days | 4 times of normal fees |
| 3 | 61 days to 90 days | 6 times of normal fees |
| 4 | 91 days to 180 days | 10 times of normal fees |
| 5 | More than 180 days | 12 times of normal fees |
If the company has not filed INC 20A or any defaults in complying with the requirements, following are the consequences.
The following are the details required for filing INC 20A
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