Company RegistrationGST FilingROC ComplianceTrademarkISO CertificationFSSAIIECMSME / UdyamNGO ComplianceCall +91 9873602607 for free consultationEmail documents to document@credcompliances.comCompany RegistrationGST FilingROC ComplianceTrademarkISO CertificationFSSAIIECMSME / UdyamNGO ComplianceCall +91 9873602607 for free consultationEmail documents to document@credcompliances.com
Cred Compliances

7 Costly Mistakes New Business Owners in India Make (Avoid These)

From skipping INC-20A to filing GST wrong — the mistakes that cost founders ₹50k-5L in penalties.

10 June 2026·5 min read

Every mistake below has cost our clients real money. Learn them for free.

  • Skipping INC-20A commencement filing — ₹50,000 penalty
  • Not appointing an auditor within 30 days of incorporation — ₹1L+ ROC penalty
  • Using residential address without proper NOC
  • Registering a name that conflicts with an existing trademark
  • Missing GST return deadlines — ₹50/day late fee compounds fast
  • Ignoring DIR-3 KYC — DIN gets deactivated
  • Mixing personal and business bank accounts

Need help? Call Cred Compliances at +91 9873602607 or email document@credcompliances.com to start your filing today.

Continue reading

Talk to a compliance expert

Need help applying this to your business?

Talk to our team for a free consultation tailored to your situation.