The Government of India introduced SPICe+ in order to simplify the company incorporation / company registration process . SPICe+ provides a structured pro-forma where in details required for company incorporation / company registration can be filled up in a navigated way.
SPICe+ has two parts – Part A and Part B. SPICe+ Part A is for giving details for getting proposed company name allotted and SPICe+ Part B is for giving details in connection with the registration of the proposed company.
Even though the Government of India introduced SPICe+ in order to simplify the company incorporation / company registration process , it is advisable to take the assistance of a professional viz Company Secretary /Chartered Accountant/ Cost Accountant/ Advocate , in this regard because of the intricacies of company law.
SPICe+ Part A ie Name Reservation can be filled up properly only if one know
1. Main division of industrial activity of the Company &
2. Naming Guidelines
In the case of SPICe+ Part B , professional (Chartered Accountant/ Company Secretary/ Cost Accountant/ Advocate) has to give a declaration to the effect that all the requirements of this Act and the rules made there under in respect of registration and matters precedent or incidental thereto have been complied with.
Besides , a professional can help would-be-promoters to customize Memorandum of Association and the Articles of Association of the proposed company .
So, better of course of action is to take guidance and assistance of a practicing professional from the beginning of the company incorporation / company registration process.
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