SPICe+(SPICe PLUS): MCA FORM FOR COMPANY REGISTRATION

FILING OF FORM SPICe+(SPICe PLUS) FOR COMPANY REGISTRATION

 

SPICe+ (SPICe Plus) is a new form for company registration in India, introduced by the Ministry of Corporate Affairs (MCA). It is a simplified form that combines various forms required for company registration into a single form, making the process of registering a company easier and more efficient. The form can be used for both incorporations of a new company and for making changes to an existing company.

The SPICe+ form can be filed online through the MCA’s portal and the process of company registration can be completed within a day using this form.

SPICe+ offers 10 services by 3 Central Govt Ministries & Departments. (Ministry of Corporate Affairs, Ministry of Labour & Department of Revenue in the Ministry of Finance) and One State Govt.(Maharashtra), thereby saving as many procedures, time, and cost for Starting a Business in India and is applicable for all new company incorporations w.e.f 23rd February 2020.

 

FEATURES OF FORM SPICe+:

Form SPICe+ (SPICe Plus) has several features that make it a more efficient and streamlined option for company registration in India. Some of these features include:

  1. Combines various forms: Form SPICe+ combines several forms that were previously required for company registration into a single form, making the process more convenient and less time-consuming.
  2. All-in-one form: The form includes all the necessary information and documents required for company registration, including the memorandum of association, articles of association, and other forms.
  3. Online filing: Form SPICe+ can be filed online through the MCA’s portal, making the process of company registration more accessible and efficient.
  4. Instant name approval: The form includes a built-in name reservation facility, which allows for instant name approval and eliminates the need for separate name approval forms.
  5. Digital signature: Form SPICe+ requires a digital signature for all the subscribers, making the process more secure and tamper-proof.
  6. e-MOA and e-AOA: The Memorandum of Association (MOA) and the Article of Association (AOA) are incorporated in the e-form, making the process more paperless and eco-friendly.
  7. One-day registration: With the SPICe+ form, the process of company registration can be completed within a day, making it a fast and efficient option for entrepreneurs.

PARTS OF FORM SPICe+:

Form SPICe+ (SPICe Plus) is a composite form that combines several forms that were previously required for company registration in India. The form is divided into several parts, each of which contains specific information and documents required for the registration process. The parts of Form SPICe+ are:

  1. Part A: Basic details of the company, including the company name, registered office address, and type of company.
  2. Part B: Details of the directors and subscribers, including their names, addresses, and PAN number.
  3. Part C: Memorandum of Association (MOA) and Article of Association (AOA) of the company.
  4. Part D: Declaration by the first subscriber and the director, confirming that all the information provided in the form is true and correct.
  5. Part E: Details of the proposed directors, including their DIN, digital signature, and consent to act as a director.
  6. Part F: Application for the allotment of DIN, if the proposed director does not have a DIN.
  7. Part G: Application for the reservation of the company name, if the name is not already approved.
  8. Part H: Declaration by a professional, such as a Chartered Accountant, Company Secretary, or Cost Accountant, certifying that all the requirements of the Companies Act have been complied with.

All parts of Form SPICe+ are mandatory and must be filled out accurately and completely for the registration process to be successful.

WHAT ARE THE DOCUMENTS 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 Authorised Signatory for GSTIN (Either of the documents– Letter of Authorisation/Copy of Resolution passed by BOD/ Managing Committee and Acceptance Letter)
  • Proof of identity of Authorised Signatory for the opening of a bank account
  • Proof of address of Authorised Signatory for the opening of a bank account
  • Specimen Signature of Authorised Signatory for EPFO

PROCEDURE FOR NEW COMPANY INCORPORATION UNDER FORM SPICe+:

 

The procedure for incorporating a new company under Form SPICe+ (SPICe Plus) in India involves the following steps:

  1. Obtain Digital Signature Certificates (DSC) for all the proposed directors of the company.
  2. Select a unique name for the company and check its availability on the MCA portal.
  3. Fill out Form SPICe+ online, providing all the required information and attaching the necessary documents.
  4. Submit the form online along with the filing fee.
  5. Obtain the approval of the company name, if it is not already approved.
  6. Obtain the allotment of DIN for the proposed directors, if they do not already have one.
  7. Print the approved form and attach the required documents, such as the memorandum of association (MOA) and the articles of association (AOA) and the declaration by a professional.
  8. Submit the printed form along with the required documents and the filing fee to the Registrar of Companies (ROC) for verification.
  9. Obtain the certificate of incorporation from the ROC upon successful verification.
  10. Obtain PAN and TAN for the company and register for GST.

The entire process can be completed within a day, making it a fast and efficient option for incorporating a new company in India.

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