The Ministry of Corporate Affairs on 24th January 2020 in its news update Column has proposed a new SPICe+ form to be notified soon to replace existing SPICe form. This move is aimed to further the ease of doing business in India by altering the way the companies are registered in India.
The Spice Plus Web-Based Form would offer various other registration services along with the registration of company. The List of all services to be provided by the Spice Plus form is as under:
- Name Reservation (Run would be discontinued for Company Registration).
- Allotment of Director Identification Number (DIN).
- Company Incorporation.
- Issue of PAN Number for the Company.
- Issue of TAN.
- Registration of Company as an Employer with EPFO.
- ESIC Registration for the Company.
- Profession Tax Registration for the State of Maharashtra.
- Opening of Bank Account.
- Registration of Company as Tax Payer in GST.
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After deployment of SPICe+ web form, RUN shall be applicable only for change of name of existing companies.
Further all new name reservations for new companies as well as new incorporations shall be applied through SPICe+ only. However, incorporation of companies for names reserved through the existing RUN services shall continue to be filed in the existing SPICe eform along with related forms as applicable and if marked under re-submission, shall be resubmitted in SPICe eform. Re-submission of SPICe forms submitted prior to date of deployment of SPICe web form shall also be filed in the existing SPICe eform and related linked forms as applicable.
It has also been stated that due to the proposed changes to the RUN web service (for companies), RE-SUBMISSION OPTION for name reservation SHALL NOT BE AVAILABLE from 1st Feb 2020 ONWARDS for approximately 15 days. RUN applications filed from 1st February 2020 onwards shall either be approved or rejected based on checks performed by CRC officers.
Source: http://www.mca.gov.in/
