India News

New portal: SPICe+ Web form, new rules for company incorporation
Writer Admin

The government has rolled out a new simple application to make it further easier for incorporating a business in India. The new web form, Simplified Proforma for Incorporating Company Electronically Plus (SPICe+), which integrates 10 services from various ministries and departments went online on Sunday.

The simplified application provides for Employees' Provident Fund Organisation (EPFO) and Employees' State Insurance Corporation (ESIC) registration among other things. The ministry of corporate affairs and labour, department of revenue and the Maharashtra government have collaborated for the new offering.

India had improved its ranking to the 63rd spot on the World Bank’s Ease of Doing Business (EODB) survey, out of 190 countries. However, the report had cited India was lagging behind in certain parameters such as starting a business.


Read More : https://economictimes.indiatimes.com/news/economy/policy/new-portal-spice-web-form-new-rules-for-company-incorporation/articleshow/74291222.cms