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Keeping in view the ease of doing business, new form SPICe+ is notified for the incorporation of a company and incidental registrations. The form SPICe+ replaces the existing SPICe form. All the new company incorporations have to be done by the online filing of SPICe+ form. The other forms that need to be filed along with SPICe+ are AGILE-PRO, SPICe+AoA and SPICe+MoA.
SPICe+ stands for Simplified Proforma for Incorporating Company electronically Plus. SPICe+ aims to offer about 10 services by three Central Government Ministries and Departments (Ministry of Corporate Affairs, Ministry of Labour and the Department of Revenue in the Ministry of Finance) and one State Government (Maharashtra). The form is an integrated web form with a single-window for multiple services.
The new integrated web form offers the following services: –
Part A –: Name Reservation (New Companies only)
The SPICe+ application form can be applied in two ways:
AGILE stands for Application for Goods and services identification number, employees’ state Insurance corporation registration plus Employees’ provident fund organisation registration. The old AGILE form (INC – 35) is now replaced with the AGILE – PRO web form.
RUN stands for Reserve Unique Name. This web service is used to reserve the name of a new company or for the change in the name of an existing company. The type of entity and the proposed names for the company are to be entered in case of reserving the name for a new company.
For an existing company, the CIN/LLPIN is the additional information to be entered in for the change of name. Now, since the introduction of the SPICE+ and AGILE – PRO forms, the RUN web service will henceforth be available only for the change of name of existing companies.
Step 1: Click on the feature ‘SPICe+’ that is listed under ‘MCA Services’.
Step 2: When you click on ‘SPICe+’, the next screen opens where you need to choose ‘New Application’ option. The ‘New Application opens the page as shown below:
If you’ve an existing application, you can choose ‘Existing Application’, feed in the application number along with the proposed or approved name.
Step 3: Choose the ‘Type of Company’ that displays the below options to choose from:
Step 4: Choose the ‘Class of Company’ that has the below options:
Step 5: Choose the ‘Category of Company’ that has the below options:
Step 6: Choose the ‘Sub-Category of Company’ that has the below options:
Step 7: Next, you have to mention the ‘Main division of industrial activity of the Company’ (Mention the code of the industrial activities). For example, if you choose ‘01’, the relevant description of business will be auto-populated in the ‘Description of main division’.
Step 8: Next, you have to give particulars of the ‘proposed or approved name’. You should click the ‘Auto-check’ to do the first level automatic scrutiny of the proposed or approved name in accordance with the rules governing the name.
You can submit the ‘Part A’ for reservation of name or proceed with the incorporation. Upon choosing to proceed with incorporation, ‘Part B’ is enabled.
Part B has various sections with validation for ‘check form’ for each section. The details required for registration (as mentioned in the paragraphs above) have to be entered. The details also include:
You have to upload the documents required for registration (as mentioned in the paragraphs above). After filling up Part B, you have to carry out a ‘pre-scrutiny’ check. Once the ‘pre-scrutiny’ is successful, click on ‘submit’.
A confirmation is displayed upon successful submission of the form. You should download the PDF of Part B submitted for affixing the DSC and for filling up any linked forms along with Part B.
The forms linked to SPICe+ are AGILE-PRO, SPICe+MoA and SPICe+AoA, URC-1 and INC-9. Part B of SPICe+ and linked forms can then be uploaded on the MCA portal. A Service Request Number is generated for making a payment towards company incorporation.
Once the payment is made successfully, the forms would be processed. In a case where the forms need resubmission for any errors being flagged upon processing, the SPICe+ form has to be resubmitted in the same manner.
The initiatives taken by the Government over the last few years has significantly advanced the process of company incorporation. Their aim for a seamless and fast procedure is now slowly turning into a reality. This, formerly, was a tedious process that involved months of toil and labour.
However, by making the best possible use of technology, a company may now get incorporated in a matter of days, thus making millions of dreams a reality in an instant.
Disclaimer: The materials provided herein are solely for information purposes. No attorney-client relationship is created when you access or use the site or the materials. The information presented on this site does not constitute legal or professional advice and should not be relied upon for such purposes or used as a substitute for legal advice from an attorney licensed in your state.