MCA SPICE+ FORM OR SPICE PLUS FORM
A new Company registration form – MCA is going to be implemented from February 2020. Henceforth all company registration can be applied only through this form.
SPICE+ Form is a web application online form. This form has been launched by Ministry of Corporate Affairs , India with the aim to simplifying business registration in India. The implementation of SPICE PLUS form is going to revolutionize and rock the way of company registration process in India.
The SPICE PDF form –SPICE 32, used to apply registration of Limited Company, Private Limited Company, One Person Company, Nidhi Company & Section 8 company and others- is going to be replaced completely with online Web-based SPICE PLUS Form. With the implementation of this plan our government wants promote ‘the ease of doing business in India’.
SOME OF THE POSITIVE ASPECTS of SPICE+ form is that it is an completely online web application. Like earlier in SPICE 32 form ,there is no form concept in SPICE+. You need not update PDF version when there is updation of form in MCA. All you need to do is complete the SPICE + online web application Details, validate them, digitally sign the same and submit the form. There is no pre-scrutiny and other formalities are involved like earlier.
The current SPICE 32 PDF Form is going to be replaced with SPICE PLUS online form. A government notification would be notified shortly about the same to improve the EODB initiative (Ease of Doing Business initiative).
OTHER BENEFITS of SPICE+ is that it facilitates various other registrations along with company registration and disallows some forms. The following are the list of services available in SPICE Plus form:
- Company Name Reservation can be done directly through this form. No need to apply separate RUN Form.
- DIN-Director Identification Number for directors can be directly applied through this form
- CIN- Company Identification Number can be applied through this form
- PAN- Permanent Account Number of the company can be applied directly through this form.
- TAN of the company can be directly applied with this form.
- EPFO registration of Company as employer
- ESIC Registration of the company can be done
- Professional tax registration for Maharashtra State.
- Bank account of the company can be opened
- GST registration of the company too can be applied.
Henceforth RUN form can be used to for company name change purposes only.
To facilitate smooth transition from SPICE 32 PDF form to SPICE PLUS/ SPICE+ online web form, for cases where RUN is already approved, SPICE 32 PDF can be used for company registration. Even resubmission of already applied SPICE 32 form can be done. This is allowed only for a certain period of time.
“Hence Gear Up For the Changes and Be Ready To Take The Bull By Its Horns”
THINGS AT A GLANCE ABOUT NEW COMPANY REGISTRATION FORM
FORM NAME: SPICE + / SPICE PLUS FORM
NATURE OF FORM: Completely online Web based application
EFFECTIVE DATE: 1ST February 2020 onwards
REGISTRATION IN ONE-GO WITH SPICE+:
- Company Name Reservation
- Company CIN Number
- Company PAN Number
- Company TAN Number
- EPFO registration as Employer
- ESIC Registration
- Professional tax registration
- GST registration
- New Bank Current account of Company
- DIN of Company directors
HOW TO GO ABOUT OLD RUN & SPICE FORM:
- From 1st Feb 2020 onwards RUN form can be used for Company name change only.
- If RUN already approved, SPICE 32 Can be used for company registration application and resubmission of already submitted SPICE 32 form.
- Resubmission of RUN form is not applicable for 15 days after 1st Feb 2020
If you face any problem with this form, you can reach us. https://smartca.org
Note: You can reach Author(CA A.Ponibass) thru mail firstname.lastname@example.org or +91-9843772500.