Recently, the Ministry of Corporate Affairs (MCA) has launched the Simplified Proforma for Incorporating Company Electronically Plus (SPICe+) web form.
The SPICe+ form will replace the existing SPICe form.
SPICe was launched in 2016 and is a single form for multiple services for incorporation of a company.
SPICe+ would offer 10 services by 3 central government ministries & departments (Ministry of Corporate Affairs, Ministry of Labour & Ministry of Finance) and one State Government (Maharashtra).
SPICe+ has two parts:
Part A for name reservation for new companies and
Part B offering a bunch of services including incorporation, Director Identification Number (DIN) allotment, mandatory issue of Permanent Account Number (PAN), besides allotment of Goods and Service Tax Identification Number - GSTIN (if applied for).
The new web form will help save many procedures, time and cost for starting a business in India.