Central Government. To start 10-in-1 Spice + online company incorporation application form related to EPFO, ESIC, professional tax registration, bank account opening and GST registration, apply online to start business fast.
The central government is going to introduce a new Spice + company incorporation form for businesses. The Ministry of Corporate Affairs will issue 10-in-1 online application form on 15 February 2020. This 10-in-1 online registration form will include at least 5 new formalities like EPFO, ESIC, professional tax registration, bank account. Inauguration and GST registration.
Central government. 90% is processing the forms that are received in a day and Spice + is currently being tested.
10-in-1 Masala + Online Application Form for Businesses
Here is the complete details of 10-in-1 Spice + Online Application Form for businesses. There are 2 types of this Spice + company incorporation form: –
- The first part of the 10-in-1 Spice + online registration form relates to name registration.
- The second part of the 10-in-1 form includes a bouquet of services including incorporation, PAN and TAN, along with issuing of the Director’s Identification Number.
All those companies that opt for EPFO and ESIC registration will be directed to the website of the 2 agencies. The agencies have indicated that the numbers will be released in about 30 minutes.
Companies working in Maharashtra require professional tax. The GST number is also going to be part of the integrated process, although some issues are being resolved. This merger of 10 processes of company registration is the backdrop of India’s poor performance in starting a new business.
Central government. Thinks the time taken to ensure that the time taken has drastically reduced from weeks to a few hours, the World Bank thinks there are not. Of processes that are still involved that motivate MCA to issue new forms. Currently, India is ranked 63rd in ease of doing business and 136th on starting new businesses.