The Ministry of Corporate Affairs is expected to launch a web-based system for company registration in India with the launch of the Spice Plus form (Spice+) with effect from 1st January 2020. This move is aimed to further the ease of doing business in India and is set to revolutionize the way the companies are registered in India.
- 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 as Tax Payer in GST
However, as a measure of a smooth transition from the old environment of Spice Form-based incorporation to the new web-based Company Registration, for the cases where the name of the proposed company is already approved through RUN, the old Spice Form shall be used. Even for the resubmissions of all previously filed cases shall continue to be filed through Spice Form.
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