Explain the following concept: Simplified Proforma for Incorporating Company Electronically (SPICE)
Explain the following concept:
Simplified Proforma for Incorporating Company Electronically (SPICE)
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As per new rule 38 of Companies (Incorporation) (Fourth Amendment) Rules, only one form like FORM INC-32 (SPICE) needs to be submitted at the time of incorporation.
SPICE is to be filed for applying for:
- Reservation of Name of Company
- Incorporation of the new company
- DIN for Directors
- PAN and TAN for a new company.
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