SPICe+ Company Registration in India

The Ministry of Corporate Affairs (MCA) introduced SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) as an integrated web-based form to simplify company incorporation in India under the Companies Act, 2013.

SPICe+ enables new businesses to obtain multiple registrations through a single online application. It is part of the Government of India’s Ease of Doing Business initiative and replaces the earlier SPICe forms.

Acumen Financial Solutions provides complete SPICe+ incorporation services, ensuring error-free filing, compliance alignment, and faster company registration.

What is SPICe+ (SPICe Plus)?

SPICe+ is an integrated incorporation form introduced by the Ministry of Corporate Affairs for registering new companies in India.

The full form of SPICe+ is:

Simplified Proforma for Incorporating Company Electronically Plus

It is a web-based form divided into two parts:

Part A – Name Reservation
Part B – Incorporation and allied services

Through SPICe+, businesses can obtain:

• Company Incorporation Certificate

• Director Identification Number (DIN)

• PAN (Permanent Account Number)

• TAN (Tax Deduction Account Number)

• GST Registration

• EPFO Registration

• ESIC Registration

• Professional Tax (for applicable states)

• Bank Account Opening through AGILE-PRO

This integration reduces time, duplication of filings and compliance errors.

Applicability of SPICe+ Form

SPICe+ is mandatory for incorporation of:

• Private Limited Companies

• One Person Companies (OPC)

• Public Limited Companies

• Section 8 Companies

• Producer Companies

Every new company registered under the Companies Act, 2013 must use SPICe+ for incorporation.

SPICe vs SPICe+ – What Changed?

The earlier SPICe form allowed:

• Name approval

• Company incorporation

• DIN allotment

• PAN and TAN issuance

SPICe+ expands services by integrating:

• GSTIN application

• EPFO registration

• ESIC registration

• Professional Tax registration (Maharashtra and applicable states)

• Bank account opening through AGILE-PRO

SPICe+ eliminates the need to file separate applications after incorporation.

Services Covered Under SPICe+ Incorporation

SPICe+ provides integrated access to services from:

• Ministry of Corporate Affairs

• Ministry of Labour

• Department of Revenue (Ministry of Finance)

• State Government Departments (where applicable)

This unified system significantly reduces incorporation time and cost.

Step-by-Step Procedure for SPICe+ Filing

SPICe+ filing is divided into two major parts.

Part A – Name Reservation

• Apply for reservation of company name

• Check name availability as per MCA guidelines

• Approval by Central Registration Centre

Alternatively, Part A and Part B can be filed together.

Part B – Company Incorporation and Registrations

After name approval, the applicant must complete incorporation by submitting:

• Company structure details

• Share capital details

• Registered office address

• Director and subscriber details

• Nomination details (for OPC)

• PAN and TAN application

• Stamp duty details

Simultaneously, AGILE-PRO form enables:

• GST registration

• EPFO registration

• ESIC registration

• Professional Tax registration (where applicable)

• Bank account opening

Facilities Available in SPICe+

• RUN service for name change of existing company

• Auto-redirection of approved name into incorporation forms

• Auto-generation of INC-9 declaration (in most cases)

• Online validation and pre-scrutiny checks

• Digital Signature Certificate validation at upload stage

• Editing option before final submission

All validations except DSC occur before PDF generation, reducing rejection risk.

Mandatory Bank Account Opening

Every company incorporated through SPICe+ must open a bank account. The facility is integrated through the AGILE-PRO linked form.

Mandatory Registrations After 15 February 2020

After SPICe+ implementation:

• Separate EPFO and ESIC registration is not permitted outside SPICe+ at the time of incorporation.

• Maharashtra companies must mandatorily register for Professional Tax.

Details Required for SPICe+ Incorporation

The following information must be provided:

• Company type, class, category and sub-category

• Authorized and subscribed share capital

• Registered office address

• Director and subscriber details

• DIN details

• Nominee details (for OPC)

• PAN/TAN information

• Stamp duty payment details

Attachments Required for SPICe+ Filing

The following documents must be attached:

• Memorandum of Association (eMoA)

• Articles of Association (eAoA)

• Declaration by subscribers and directors

• Proof of registered office address (Lease deed / Rent agreement / Conveyance deed)

• Utility bill (not older than 2 months)

• Identity proof of subscribers and directors

• Residential address proof

• Nominee consent (for OPC)

• Board resolution (if corporate subscriber)

• Certificate of incorporation (if foreign body corporate)

• Resolution of foreign company (if applicable)

• Form INC-14 and INC-15 (where applicable)

Declaration Requirements – INC-9

Form INC-9 declaration is auto-generated and submitted electronically.

Professional certification by:

• Chartered Accountant

• Company Secretary

• Cost Accountant

is mandatory except in cases where:

• Number of subscribers/directors exceeds 20

• Director or subscriber does not possess DIN or PAN

Time Required for SPICe+ Incorporation

Typically:

• DSC procurement: 1–2 days

• Name approval: 2–4 working days

• Incorporation approval: 3–5 working days

Total estimated time: 7–12 working days (subject to document accuracy and MCA processing).

Common Reasons for SPICe+ Rejection

• Incorrect object clause in MOA

• Name similarity conflict

• Incomplete address proof

• Improper capital structure

• DIN mismatch

• Incorrect professional certification

Expert handling significantly reduces rejection risk.

Post Incorporation Compliance After SPICe+

After incorporation, companies must comply with:

• INC-20A (Commencement of Business within 180 days)

• Appointment of Auditor (ADT-1)

• First Board Meeting within 30 days

• Statutory registers maintenance

• ROC annual filing (AOC-4, MGT-7)

• Income Tax Return filing

• GST return filing (if registered)

Acumen Financial Solutions provides complete post-incorporation compliance support.

Why Choose Acumen Financial Solutions for SPICe+ Incorporation?

Acumen Financial Solutions offers structured, legally compliant and professionally certified SPICe+ incorporation services.

We provide:

• Complete documentation drafting (MOA, AOA)

• Accurate capital structuring

• Professional certification

• DIN and DSC processing

• GST, EPFO, ESIC integration

• Post-incorporation compliance advisory

• Ongoing ROC and tax compliance support

Our approach ensures your company is not just incorporated but compliance-ready from day one.

Frequently Asked Questions

What is SPICe+ form?
SPICe+ is an integrated MCA web form used for company incorporation along with PAN, TAN, GST, EPFO and ESIC registrations.

Is SPICe+ mandatory?
Yes. All new companies must be incorporated using SPICe+.

Can GST be obtained through SPICe+?
Yes. GST registration can be applied through AGILE-PRO linked form.

How many DINs can be applied through SPICe+?
Up to three DINs can be applied during incorporation.

Is physical filing required?
No. The entire process is online through MCA portal.