NEW MCA FORM FOR COMPANY REGISTRATION IN INDIA.
The Ministry of Corporate Affairs is expected to launch a web-based system for company registration in India with the launch of the Spice Plus (Spice+) form with effect from the 1st day of February, 2020. This move is aimed to further the Ease of Doing Business (EODB) in India and is set to revolutionize the way the companies are registered in India.
The application for incorporation of a company whether it is a #Private Limited Company, #Public Limited Company, #One Person Company, #Nidhi Company, #Section8 Company or #Producer Company is filed to #MCA at present by way of uploading a pdf form known as Spice Form. The new form which is named as #Spice+ (#SpicePlus) shall be a replacement of the old system of uploading the pdf file. The substantive procedure governing the incorporation of a company is prescribed under section 3 to 22 in Chapter II of the #Companies Act, 2013.
The existing pdf version of the SPICE (INC-32) form shall be discontinued from the launch of the new web-based Spice Plus Form. The ministry of corporate affairs as a part of its Initiative to Boost #EODB in India shall be issuing a formal notification shortly. The Spice Plus Web-Based Form would offer various other registration services along with the Registration of Company, the List of all services to be provided by the Spice Plus form is as under:
- #Name Reservation (#RUN would be discontinued for Company Registration)
- Allotment of Director Identification Number (#DIN)
- Company #Incorporation
- Issue of #PAN Number for the Company
- Issue of #TAN
- #Registration of Company as an Employer with #EPFO
- #ESIC Registration for the Company
- Profession Tax Registration for the State of Maharashtra
- Opening of Bank Account.
- Registration of Company as Tax Payer in #GST.
Upon notification & deployment, all new name reservations for new companies as well as new incorporations shall be applied through #SPICe+ only.
The RUN form shall be applicable only to change the name of the company, and for the registration of companies, the application shall be filed only by way of Spice Plus Form.
However, as a measure of a smooth transition from the old environment of Spice Form-based incorporation to the new web-based Company Registration, Incorporation of companies for names already approved through the existing RUN service shall continue to be filed in the existing SPICe eform along with related linked forms as applicable and if marked under resubmission shall be resubmitted in SPICe eform.
Re-submission of SPICe forms submitted prior to date of deployment of SPICe+ web form shall also be filed in the existing SPICe eform and related linked forms as applicable.
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