Commencement of Business CertificateGet Started
Why we need to file form 20A for Commencement of Business?
If any default is made then the company shall be liable to a penalty of fifty thousand rupees and every officer who is in default shall be liable to a penalty of one thousand rupees for each day but not exceeding an amount of one lakh rupees.
Every company has to file Form 20A within a period of one hundred and eighty days (180 days) of the date of incorporation of the company.
Documents Required For Commencement of Business Certificate
- Bank Statement with Paid up capital deposit proof
- Signed Board Resolution
- Digital Signature of Director
- Declaration by Promoters