SPICe+ Form Explained: The One-Stop Solution for Company Incorporation in India


Introduction

The Ministry of Corporate Affairs (MCA) introduced the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form as a landmark initiative to streamline the company incorporation process in India. It replaced multiple individual forms with a single, integrated application, significantly reducing the time, cost, and effort involved in registering a new company.

TOR Business Solutions Pvt Ltd walks you through everything you need to know about the SPICe+ form and how it benefits entrepreneurs registering a Private Limited Company or OPC.

What is the SPICe+ Form?

SPICe+ (Form INC-32) is a web-based, integrated incorporation form available on the MCA portal. It provides multiple services through a single application window, making the registration process faster and more cost-effective.

Services Offered Under SPICe+

The SPICe+ form integrates the following registrations into a single filing:

• Director Identification Number (DIN) for up to 3 proposed directors

• Company Name Reservation

• Incorporation of the company under the Companies Act, 2013

• PAN and TAN allotment

• EPFO (Employee Provident Fund Organisation) registration

• ESIC (Employee State Insurance Corporation) registration

• Profession Tax registration (Maharashtra)

• Bank account opening (through select partner banks)

• GSTIN (Goods and Services Tax Identification Number) — optional

Structure of the SPICe+ Form

Part A — Name Reservation

Part A allows applicants to reserve the company name. Up to 2 proposed names can be submitted for approval. Once approved, the applicant proceeds to Part B.

Part B — Incorporation Details

Part B captures the complete incorporation details including director information, registered office address, share capital, subscribers' details, and business activity classification (NIC code).

Linked Forms

SPICe+ is linked with the following ancillary forms that must be submitted together:

• e-MOA (INC-33): Electronic Memorandum of Association

• e-AOA (INC-34): Electronic Articles of Association

• INC-9: Affidavit and declaration by subscribers and first directors

• AGILE-PRO-S: For GST, EPFO, ESIC, and bank account registration

Step-by-Step Guide to Filing SPICe+

Step 1: Login to MCA Portal

Create or login to your registered account on the MCA portal (mca.gov.in). Ensure your DSC is registered and functional.

Step 2: Access SPICe+ Form

Navigate to MCA Services > Company Services > Incorporation > SPICe+ and select the company type (e.g., Private Limited or OPC).

Step 3: Fill Part A — Name

Enter proposed company names in order of preference. The name is auto-checked for compliance. Upon approval, you receive an SRN and can proceed to Part B.

Step 4: Fill Part B — Details

Complete all sections of Part B including director details, capital structure, and registered office information. Attach all supporting documents.

Step 5: Attach Linked Forms and Submit

Complete and attach e-MOA, e-AOA, AGILE-PRO-S, and INC-9. Affix DSC and submit the consolidated application.

Step 6: Processing and Approval

The ROC reviews the application. Upon successful verification, the Certificate of Incorporation is issued electronically along with PAN, TAN, and applicable registrations.

Benefits of SPICe+ for Entrepreneurs

• Single window for multiple government registrations

• Reduced paperwork and processing time

• Transparent status tracking through the MCA portal

• Zero stamp duty on e-MOA and e-AOA in most states

• Bank account integration enables faster operationalization of the business

Conclusion

The SPICe+ form represents a significant advancement in the ease of doing business in India. For entrepreneurs looking to register a company with speed and accuracy, leveraging the SPICe+ process with the support of TOR Business Solutions Pvt Ltd ensures a seamless and compliant incorporation experience.

Connect with TOR Business Solutions Pvt Ltd today for expert guidance on company registration, compliance, and legal advisory services across India

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