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The New MCA SPICe+ Form for Company 

03 Jun 2020 13:10:12 Comment(s) By TAXAJ

Procedure for Incorporation of a Company post the launch of SPICe+

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 incorporation 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.


What is SPICe+?

SPICe+ stands for Simplified Performa 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.


Services Offered By SPICe+

The new integrated web form offers the following services:

– Part A –: Name Reservation (New Companies only
– Part B:

·    Company Incorporation

·    Application for DIN

·    PAN Application

·    TAN Application

·    GSTIN Application

·    EPFO Registration

·    ESIC Registration

·    Opening of Bank Account for the Company

·    Professional Tax Registration (only for Maharashtra)


The SPICe+ application form can be applied in two ways:

1.    Part A (Name Reservation) and Part B (All Other Services) can be applied for
on a simultaneous basis.

2.    Part A can be applied for initially, and upon reservation of the name, Part B can be applied for.

What is AGILE-PRO?

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.

Attachments Required

For SPICe+:

·       Memorandum of Association

·    Articles of Association

·    Declaration by the first director(s) and subscriber(s) (Affidavit not required)

·    Proof of office address

·    Copy of utility bills

·    Copy of certificate of incorporation of foreign body corporate (if any)

·    A resolution passed by Promoter Company

·    The interest of first director(s) in other entities

·    Consent of Nominee (INC–3)

·    Proof of identity as well as the residential address of subscribers

·    Proof of identity as well as residential address of the nominee

·    Proof of identity and address of Applicant I, II, III

·    Resolution of unregistered companies in case of Chapter XXI (Part 1) Companies

·    Declaration in Form No. INC – 14

·    Declaration in Form No. INC – 15

·    Optional attachments (if any)

·    Attachments – Part A

For AGILE-PRO:

·    Proof of principal place of business

·  Proof of appointment of Authorized Signatory for GSTIN
   (Either of the documents– Letter of Authorization/Copy of Resolution passed by BOD/
   Managing Committee and Acceptance Letter)

·  Proof of identity of Authorized Signatory for the opening of a bank account

·  Proof of address of Authorized Signatory for the opening of a bank account

·  Specimen Signature of Authorized Signatory for EPFO

Stepwise Procedure for New Company Incorporation under SPICe+

1. The feature ‘SPICe+’ is listed under ‘MCA Services’.

2. Under Company Services click on SPICE+.

3. Click on ‘New Application’ and the next page shows below:


4. If you’ve an existing application, you can choose ‘Existing Application’, feed in the application number along with the proposed or approved name. ‘Type of Company’ displays the below options to choose from:


5. ‘Class of Company’ has the below options:


6. Choose suitable option from ‘Category of Company’

7. ‘Sub-Category of Company’ has the below options:


8. 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’.

9. 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.

10. The details required for registration (as mentioned in the paragraphs above) have to be entered. The details also include:

– Address of the registered office of the company
– Proposed directors and subscribers
– Capital of the company
– Other information to apply for tax registrations such as PAN and TAN

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.

11. Next, 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 re-submission for any errors being flagged upon processing, the SPICe+ form has to be resubmitted in the same manner.

 

Get your Company Registered in few days via fast & easy process by our Team of Experts!


TAXAJ

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