Authors: Sri Vidhya Kumar & Lakshmi Rengarajan
Ministry of Corporate Affairs has amended Companies (Incorporation) Rules 2014 on 6th February 2020, for facilitating “Ease of Doing Business” and introduced web-based forms, SPICe+ and AGILE-PRO replacing the existing e-Form SPICe and AGILE.
AMENDMENTS IN SHORTS:
| PARTICULARS | BEFORE AMENDMENT | AFTER AMENDMENT |
| Reserve Unique Name (RUN) application | Web based Reserve Unique Name (RUN) application
After amendment, RUN application can be used only for making application for change in name of the existing company. |
Web based application through Part-A of SPICE + |
| AGILE services | Goods and Services Tax registration
Employees Provident Fund Organisation registration Employees State Insurance Corporation registration. |
Application can be made for availing following registrations through AGILE-PRO
Goods and Services Tax registration Employees Provident Fund Organisation registration Employees State Insurance Corporation registration Professional Tax registration Opening of a bank account |
| Declaration from the first subscribers and first directors | The declaration has to be filled in separately for each subscriber and director in physical mode | Single electronic form containing details of all the subscribers and directors and the declaration to be signed electronically by each subscriber and director. |
