Lok Sabha Question No. 4735 (UNSTARRED), answered on 2020-03-23
Subject: Web-Form Portal
Ministry: CORPORATE AFFAIRS
Asked by: Navneet Ravi Rana

## GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA

## UNSTARRED QUESTION NO. 4735 ANSWERED ON MONDAY, THE 23 rd  MARCH, 2020 CHAITRA 3, 1942 (SAKA)

## WEB-FORM PORTAL QUESTION

4735.  SHRIMATI NAVNEET RAVI RANA: Will the Minister of CORPORATE AFFAIRS be pleased to state:

कारपोरेट कार्य मंत्री

- (a) whether the Government has launched advanced web-form for the incorporation of new company recently to make life easier who intending to start a new business;
- (b) if so, the salient features of the said web-form along with its aims and objectives;
- (c) whether it is true that the newly launched web-form will replace the existing web-form and reduce the time consuming process, if so, the details thereof; and
- (d)  whether  the  Government  has  created  awareness  for  the  said  e-form,  if  so,  the  details thereof?

## ANSWER

THE MINISTER OF STATE FOR FINANCE                                     (SHRI ANURAG SINGH THAKUR) AND CORPORATE AFFAIRS (श्री अनुराग स ंह ठाक ु र)

वित्त एिं कॉपोरेट कार्य मंत्रालर् में राज्र् मंत्री

(a)  to  (d):-  The  Ministry  of  Corporate Affairs has recently notified and deployed a web-form namely 'SPICe+' vide notification no. GSR 128 dated 18.02.2020 (effective from 23.02.2020) as a part of Government of India's Ease of Doing Business (EODB) initiatives.  The new Web Form christened 'SPICe+' (pronounced 'SPICe Plus') has replaced the existing PDF based SPICe form. The  SPICe+  web-form  offers  10  services  by  three  Central  Government  Ministries  and Departments (Ministry of Corporate Affairs, Ministry of Labour & Department of Revenue in the Ministry  of  Finance)  and  One  State  Government  (Maharashtra),  thereby  saves  as  many procedures, time and cost for Starting a Business in India. It also enables opening of a Bank Account for the newly Incorporated Company. It is an integrated Web Form and has two parts viz.  Part  A-for  Name  reservation  for  new  companies  and  Part  B-  offering  a  bouquet  of registrations viz. (i) Incorporation (ii) DIN allotment (iii) Mandatory issue of PAN (iv) Mandatory issue of TAN (v) Mandatory issue of EPFO registration (vi) Mandatory issue of ESIC registration (vii) Mandatory issue of Profession Tax registration (Maharashtra) (viii) Mandatory Opening of Bank Account for the Company and (ix) Allotment of GSTIN (if so applied for). Users may either choose  to  submit  Part-A  for  reserving  a  name  first  and  thereafter  submit  Part  B  for incorporation & other registrations or file Part A and B together at one go for incorporating a new company and availing the bouquet of registrations as above. The new web form facilitates On-screen filing and real time data validation for seamless incorporation of companies.

The  Government  has  taken  various  steps  for  creating  awareness  for  the  said  web-form including convening webinars in consultation with the Institute of Company Secretaries of India (ICSI) & the Institute of Chartered Accountants of India (ICAI) and hosting of prior notice about the uploading of aforesaid web-form on the MCA21 portal and in the Print Media.

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