SPICe Plus Incorporation
The Ministry of Corporate Affairs (MCA) has taken the initiative to launch a new web integrated SPICe+ forms. The SPICe+ abbreviated of “Simplified Proforma for Incorporating Company electronically Plus”. The MCA has decided to introduce the form as a part of the Ease of Doing Business (EoDB). The new SPICe+ will be effective from 15th February. This will be applicable to the incorporation of the new companies. The new form will replace the already existing SPICe forms.
Applicability of SPICe+
The SPICe+ forms would offer about 10 services. The central government Ministries and Departments would tend to the services of the SPICe+ forms. The Ministry of Corporate Affairs, Ministry of Labour, Department of Revenue in the Ministry of Finance and the State Government of Maharashtra would offer the services. The introduction of this form would reduce the time procedure and cost in starting up a new business.
SPICe Vs SPICe+
The new SPICe+ forms are very similar to that of the already existing SPICe forms. The SPICe+ forms provide some extra facilities apart from that of the SPICe. The SPICe renders services like name approval, incorporation of a company, allotment of DIN (Director Identification Number) and the registration of the company’s PAN (Permanent Account Number), TAN (Tax Deduction and Collection Account Number) and ESIC (Employees’ State Insurance Corporation). In addition to that, there are provisions like registration for EPFO (Employees’ Provident Fund Organisation) and Profession tax, opening a bank account for the company and allotment of GSTIN. This helps in incorporating a new company within a minimum number of days.
Procedure for Filing SPICe+
The services of the SPICe+ is of 2 parts. Part A is of the name reservation, and part B is of the rest of the services. The applicant can apply for the name reservation first and then for the other services or he or she can apply for part A and part B services simultaneously. After the name reservation, the application for incorporation of a company is a continuous process
with your referece check these links to know more about the terms..
If you have any queries...click the following link to redirect SPICE+ Introduction by the Gov..
.http://ecpl.live/icai/26022020/if you have any queries..to startup a indian company with SPICE+ Make sure to know More about spice+...
with your reference click the below link to verify
In this link click the 1st check box to watch a Video Reference
http://mca.gov.in/MinistryV2/incorporation_company.html
