What is Form INC-20A and is it mandatory?

Yes, every company incorporated after November 2018 must file Form INC-20A (Declaration of Commencement of Business) within 180 days of incorporation, confirming that directors have deposited their share capital into the company bank account.

Practice Area 06

Business Setup

Name: Y K Chaturvedi & Co., Chartered Accountants
Telephone: +91 93221 65502
Price range: $$

Structuring and incorporating robust business entities built for governance, scalability, and investor confidence.

Partner-Led Delivery

Overview & Scope of Practice

Complete entity incorporation: Private, Public, Section 8, Nidhi Companies, LLPs, Partnership Firms, Trusts, and Foreign Branch/Liaison Office approvals.

Professional Business Setup Practice

Complete entity incorporation: Private, Public, Section 8, Nidhi Companies, LLPs, Partnership Firms, Trusts, and Foreign Branch/Liaison Office approvals.

At Y K Chaturvedi & Co., our business setup practice delivers rigorous statutory compliance, end-to-end documentation accuracy, and direct partner supervision to protect your business against non-compliance liabilities.

Strategic Business Benefits

Optimal Entity Selection: Advising between Pvt Ltd, LLP, Partnership, or Section 8 based on liability, funding plans, and tax efficiency.
Speedy SPICe+ MCA Processing: Accurate name reservation, document drafting, and rapid clearance from the Central Registration Centre (CRC).
Complete Starter Package: Includes PAN, TAN, GST, EPF, ESIC, Professional Tax, and bank opening documentation in one streamlined flow.
FDI & Cross-Border Readiness: Experience handling branch/liaison offices and FDI facilitation for overseas ventures entering India.

Our Step-by-Step Execution Process

Step 01 - Structuring & Name Reservation: Selecting entity format, conducting RUN/SPICe+ Part A name availability search.
Step 02 - Drafting Charter Documents: Drafting custom MOA, AOA, LLP Agreements, and object clauses aligned with business goals.
Step 03 - SPICe+ Integration Filing: Uploading incorporation forms with MCA, along with PAN, TAN, and EPFO/ESIC registrations.
Step 04 - Commencement of Business: Issuance of Certificate of Incorporation (COI) and filing Form INC-20A for business commencement.

At Y K Chaturvedi & Co., assignments in business setup are managed with strict statutory compliance, digital accuracy, and direct partner supervision to insulate your organization from regulatory non-compliance, litigation risks, and penalties.

Scope of Services Included6 Specialized Areas

Incorporation of Private / Public / Section 8 / Nidhi Companies and LLPs

Formation and registration of Proprietorship, Partnership Firms, AOP / BOI and Trusts

Liaison / Branch / Project Office and FDI approvals through the Foreign Investment Facilitation Portal

Drafting Memorandum and Articles of Association (MOA / AOA) & LLP Agreements

Director Identification Number (DIN) and Digital Signatures (DSC)

Bank account opening resolution and post-incorporation commencement (INC-20A)

Key Strategic Benefits & Value

Optimal Entity Selection

Advising between Pvt Ltd, LLP, Partnership, or Section 8 based on liability, funding plans, and tax efficiency.

Speedy SPICe+ MCA Processing

Accurate name reservation, document drafting, and rapid clearance from the Central Registration Centre (CRC).

Complete Starter Package

Includes PAN, TAN, GST, EPF, ESIC, Professional Tax, and bank opening documentation in one streamlined flow.

FDI & Cross-Border Readiness

Experience handling branch/liaison offices and FDI facilitation for overseas ventures entering India.

Our Structured Execution Methodology

Phase 01

Structuring & Name Reservation

Selecting entity format, conducting RUN/SPICe+ Part A name availability search.

Phase 02

Drafting Charter Documents

Drafting custom MOA, AOA, LLP Agreements, and object clauses aligned with business goals.

Phase 03

SPICe+ Integration Filing

Uploading incorporation forms with MCA, along with PAN, TAN, and EPFO/ESIC registrations.

Phase 04

Commencement of Business

Issuance of Certificate of Incorporation (COI) and filing Form INC-20A for business commencement.

Frequently Asked Questions: Business Setup

A Private Limited Company is preferable if you plan to raise equity capital from venture capitalists or investors. An LLP offers lower compliance costs, flexibility in partner profit sharing, and no dividend distribution tax implications.

Book Service Consultation