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Company Registration through SPICe can be done within a day

SPICe- Simplified Proforma for Incorporating Company Electronically

A newly introduced INC-32 or SPICe by MCA is a simplified version of registration of companies in India. MCA has replaced INC 29 with INC-32 with linked forms for eAOA- INC-34 and eMoA-INC 33. The modifications in the form are made in accordance with the Digital India campaign of PM Narendra Modi which now digitally empowers the incorporation process. It is now a single application for reservation of name, incorporation of a new company and allotment of DIN. Most importantly currently the process is completely paperless based on a e-sign framework where the subscriber(s) and the witness can digitally sign a document using Digital Signature Certificate.

Steps of Company Incorporation:

1) A DSC for at least one Director is needed to fill the form.

2) DSC for all subscribers and witness is needed to fill form INC-33 and INC-34.

3) Fill the form-32 with required supporting documents

4. Prepare eMOA & eAOA and attach DSC to it

5. Upload all the 3 forms to the MCA portal

6. MCA reviews it and sends the certificate of incorporation through email.

INC-33

MOA is now completely digital. No need of signature of Subscriber or Witness, only Digital Signature Certificate has to be attested in the MOA.

The form is designed such that a CA, CS, CMA can become Witnesses to Subscriber.

Procedure for Preparing SPICe AOA INC-34

INC-34 can be downloaded from the MCA website. The form can be filled in Hindi or English. Prior to filling the form one depending on the type of company one has to select the particular table. The AOA applicable table includes:

a)  TABLE F: AOA of Company Limited by shares

b) TABLE G: AOA of Company Limited by Guarantee and having a share capital

c) TABLE h: AOA of Company Limited by Guarantee and not having share capital

d) TABLE I: AOA of an Unlimited Company and having share capital

e) TABLE J: AOA of an Unlimited Company and not having share capital

As per the table selected earlier based on the categories, the appropriate tables would appear in your form which should be filled accordingly.  It is a mandate to write the name of Directors under the head of Board of Directors. Additional articles if any must be provided.

Name of Company: The name of the company if previously approved, the SRN number must be filled. Else name must be provided in the provided space.

Editing SPICe AOA: 

Director’s proof of Identity and address:

Indian National:

a) PAN card (Mandatory)

b) Voters ID/ Aadhar card/ Driving Licence/ Passport

 Foreign National:

a) Passport

b) Residential Address.

Subscriber’s Sheet: Details of Subscribers must be filled here and it should match with what is mentioned in INC-32 therefore mentioning the same DIN or PAN number. Maximum seven shareholders can be added through SPICe, if more number has to be added then normal incorporation process has to be followed.

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