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SPICe Form- Company Registration Procedure
A new version of SPICe is introduced by The Ministry of Corporate Affairs (MCA). Majorly for Company Registration in India, and SPICe stands for Simplified Performa for Incorporating Company electronically. SPICe Company Registration procedure provides integration of the following:
- Allotment of Directors Identification Number (DIN)
- Name approval
- Incorporation certificate
- Permanent Account Number (PAN)
- Tax Deduction Account Number (TAN)
Overview of Processes Combined Under SPICe
Incorporation of a Private Limited Company, One person company, and a Limited Company can be done via SPICe. Visit us for a detailed Checklist for Company Incorporation under SPICe. An overview of the steps combined under SPICe for company registration is provided as follows:
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Director Identification Number
Digital Signature Certificate must be obtained in the name of the DIN applicant, before the application of DIN number. Digital Signature Certificates are issued in the form of a USB token, which contains the validity of one or two years. There is no expiry date for DIN and no further compliance formalities are necessary for maintaining the validity of a DIN number. A DIN allotment letter is issued for the intimation of DIN numbers and no other documents are issued.
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Name Reservation
An application for name reservations must be made to the MCA for the company registration. In case the proposed name of the company is accepted, name reservation is provided to the application for a period of 60 days. A minimum of two DIN is required to obtain a name reservation.
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Incorporation
The company is incorporated if there are no loopholes in the incorporation documents and the name is reserved for the applicant. In case the name is unreserved, then the name is checked by the MCA officer. If the name is available, then incorporation is provided. If there is no availability, then the form is asked to be resubmitted.
For any queries related to your company Registration visit our website Company Registration Online
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