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SPICe Plus: All-New MCA Form for Company Registration

A SPICe form is required to be filled by the company owners to the Ministry of Corporate Affairs (MCA) as an application of incorporation, detailing whether the company is a Public Limited Company, Private Limited Company, Section 8 Company, Nidhi Company, One Person Company, or Producer Company. SPICe form is to be presented to the MCA in the form of a PDF document. Now you can apply following registration done with the fill SPICe Plus full form for company registration.

The Modi government had started taking initiatives for the Ease of Doing Business Programme and it has not stopped since. Some days back, the MCA also announced that they will be issuing two new forms as an initiative under the Ease of Doing Business Programme. Hence, in January 2020, the ministry launched SPICe Plus that will simplify the current norms of MCA.

The new form, SPICe + or SPICe Plus, is projected to replace the older procedure of submitting and uploading the PDF document for the application of incorporation. The companies will not be required to submit the PDF and instead they will be using the new web-based SPICe + forms for applying the application of incorporation and various other services.

Get to Know About SPICe + Form

The newly launched SPICe + is a web-based form that will be offering various services like application for incorporation, name allotment and reservation, allotment of Director Identification Number (DIN), mandatory issue of Permanent Account Number (PAN), Tax Deduction and Collection Account Number (TAN), Employees’ Provident Fund Organisation (EPFO), Employees’ State Insurance Corporation (ESIC) and the Opening of Bank Accounts. SPICe + can also facilitate the issue of Goods and Services Tax Identification Number (GSTIN) whenever required. If the SPICe + form is filed once, only the name of the company will be allowed to change.

Difference Between The Old SPICe and New SPICe +

Services provided by old SPICe form

  • Application of Incorporation
  • Reservation of a Name
  • Allotment of DIN

Services provided by new SPICe + form

  • Application of Incorporation
  • Reservation of a Name
  • Allotment of DIN
  • Permanent Account Number (PAN)
  • Tax Deduction and Collection Account Number (TAN)
  • Employees’ Provident Fund Organisation (EPFO)
  • Employees’ State Insurance Corporation (ESIC)
  • Opening of Bank Accounts.
  • Profession Tax (Maharashtra)

The following clarifications are issued by the government regarding the deployment of SPICe + :

  • The Ministry of Corporate Affairs (MCA) will be launching the new SPICe + form as a replacement of the older SPICe form as a part of the government’s Ease of Doing Business Programme.
  • The application of incorporation and other tasks will be completed through the SPICe + form only after its deployment.
  • If any individual or company has already applied under the old SPICe form then such tasks will be completed under the same form.
  • Resubmission asked under the old SPICe form will be completed in the existing SPICe form only.
  • Because of the deployment purposes of SPICe +, the RUN service will not be available to the companies after 1st February 2020 for a period of 15 days.
  • The stakeholders were suggested that they should complete any pending tasks before 1 st February 2020 or else wait for the deployment of SPICe +.
  • The RUN applications made by the stakeholders will be accepted or rejected after 1st February 2020 accordingly.
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Sarthak Yadav

Hey, I am Sarthak Yadav and is an experienced content writer and blogger for all the taxation related content and updates. Also, I cover all the latest product and tax solutions from the SAG Infotech blogs with Gen GST, Income tax-related compliance articles. You can follow me for all the updates now.

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