{"id":13357,"date":"2018-08-17T06:14:35","date_gmt":"2018-08-17T06:14:35","guid":{"rendered":"https:\/\/www.legalraasta.com\/blog\/?p=13357"},"modified":"2026-04-08T10:36:48","modified_gmt":"2026-04-08T05:06:48","slug":"one-day-company-incorporation","status":"publish","type":"post","link":"https:\/\/www.legalraasta.com\/blog\/one-day-company-incorporation\/","title":{"rendered":"One Day Company Incorporation with SPICe"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.legalraasta.com\/blog\/one-day-company-incorporation\/#Introduction\" title=\"Introduction\">Introduction<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.legalraasta.com\/blog\/one-day-company-incorporation\/#The_actual_time_investment_required_with_new_SPICe_INC-32_forms\" title=\"The actual time investment required with new SPICe INC-32 forms\">The actual time investment required with new SPICe INC-32 forms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.legalraasta.com\/blog\/one-day-company-incorporation\/#Document_Checklist_for_filing_SPICe_INC-32\" title=\"Document Checklist for filing SPICe ( INC-32)\">Document Checklist for filing SPICe ( INC-32)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.legalraasta.com\/blog\/one-day-company-incorporation\/#Disadvantages_of_the_new_SPICe_INC-32_One_Day_Company_Incorporation\" title=\"Disadvantages of the new SPICe (INC-32) One Day Company Incorporation\">Disadvantages of the new SPICe (INC-32) One Day Company Incorporation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.legalraasta.com\/blog\/one-day-company-incorporation\/#Advantages_of_new_SPICe_INC-32_One_Day_Company_Incorporation\" title=\"Advantages of new SPICe (INC-32) One Day Company Incorporation\">Advantages of new SPICe (INC-32) One Day Company Incorporation<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><strong>Introduction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Ministry of Corporate Affairs (MCA) under the supervision and enthusiastic support of the honorable prime minister Shri Narendra Modi are taking drastic steps in an attempt to simplify the process of running a business in India with their campaign: Ease of Doing Business in India. The newest addition to this campaign is One Day company incorporation with reforms to the <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/spice\/\" target=\"_blank\" rel=\"noopener\">SPICe ( Simplified Performa for Incorporating Company electronically )<\/a><\/span> INC-32 forms in an attempt to speed up the process of company registration so you can start your business dealings as soon as possible.<\/p>\n<p>Prior to the introduction of <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/spice\/\" target=\"_blank\" rel=\"noopener\">SPICe forms<\/a><\/span>, the government had the INC-29 forms in place to streamline the process of company registration which, however, still came with heavy involvement of Registrar of Companies.\u00a0 Approvals from the registrar and meeting <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/roc-compliances\/\" target=\"_blank\" rel=\"noopener\">compliance requirements<\/a><\/span> of the registrar for name reservation caused delays in the process causing distress amongst professionals since many a time all incorporation documentation had to be redone.<\/p>\n<p>This process was rectified in March 2016\u00a0 restoring order in the process with the incorporation of the Central Registration Center (CRC) iresult.m in 2016, March as a result.<\/p>\n<p>This step of One Day company incorporation comes with <strong>streamlining the following processes<\/strong> with the new and reformed SPICe forms\u00a0 :<\/p>\n<ul>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/director-identification-number\/\" target=\"_blank\" rel=\"noopener\">Obtaining DIN (Director Identification Number )<\/a><\/span><\/li>\n<li>Name Reservation<\/li>\n<li>Incorporation<\/li>\n<li>PAN Application<\/li>\n<li>TAN Number<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-13368\" src=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7.png\" alt=\"One day company incorporation with INC-32\" width=\"1600\" height=\"1100\" srcset=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7-200x138.png 200w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7-300x206.png 300w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7-400x275.png 400w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7-600x413.png 600w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7-768x528.png 768w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7-800x550.png 800w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7-1024x704.png 1024w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7-1200x825.png 1200w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/08\/Untitled-design7.png 1600w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/a><\/p>\n<p>INC-32 makes one-day company incorporation a very real possibility<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"The_actual_time_investment_required_with_new_SPICe_INC-32_forms\"><\/span><strong>The actual time investment required with new SPICe INC-32 forms<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>1 Day-\u00a0 Document Preparation<\/li>\n<li>1 Day-\u00a0 Signing Documents<\/li>\n<li>1-2 Days- DSC Processing (Digital Signature Certificate with declaration is required to file INC-32)<\/li>\n<li>1 Day &#8211; Incorporation Processing.<\/li>\n<\/ul>\n<p>Therefore accounting for all the formalities, document gathering, the total time for incorporating a company will take <strong>4-5 working days<\/strong>.<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Document_Checklist_for_filing_SPICe_INC-32\"><\/span><strong>Document Checklist for filing SPICe ( INC-32)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/memorandum-of-association-moa\/\" target=\"_blank\" rel=\"noopener\">Memorandum of Association (MoA)<\/a><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/memorandum-and-articles-of-association\/#aoa\" target=\"_blank\" rel=\"noopener\">Articles of Association (AoA)<\/a><\/span><\/li>\n<li>Declaration and Affidavit by directors and first subscribers<\/li>\n<li>Proof of Office Address<\/li>\n<li>Utilities Bills&#8217; Copy\u00a0 not more than 2 months old (Electricity, Gas, Water Bills etc.)<\/li>\n<li>Copy of approval if the proposed name is containing words\/expressions which need authorization by the Central government<\/li>\n<li>In case of proposed name based upon a registered trademark then it is mandatory to attach trademark registration certificate or trademark application copy<\/li>\n<li>NOC from sole proprietors partners \/associates\/ existing company<\/li>\n<li>Proof of identity and residential address of subscribers.<\/li>\n<li>Proof of identity and residential address of directors.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Disadvantages_of_the_new_SPICe_INC-32_One_Day_Company_Incorporation\"><\/span><strong>Disadvantages of the new SPICe (INC-32) One Day Company Incorporation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In case of disapproval of the proposed name of the company, documentation has to be re-done.<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Advantages_of_new_SPICe_INC-32_One_Day_Company_Incorporation\"><\/span><strong>Advantages of new SPICe (INC-32) One Day Company Incorporation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For aspiring entrepreneurs choosing to <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/private-limited-company-registration\/\" target=\"_blank\" rel=\"noopener\">start a company<\/a><\/span> with a very unique name, the process becomes very precise, streamlined and rapid therefore allowing faster processing.<\/p>\n<p>Thus, the new SPICe forms will help quicken the process of one-day company incorporation. The new processing forms will help professionals get through the procedure swiftly, therefore, helping them focus towards expanding their business.<\/p>\n<p>Get in touch with our team at <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/\" target=\"_blank\" rel=\"noopener\">LegalRaasta<\/a><\/span>, where we help you make informed decisions about the path your company wishes to take in the future whether as a <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/private-limited-company-registration\/\" target=\"_blank\" rel=\"noopener\">Private Limited Company<\/a><\/span> or any other type of company.<\/p>\n<p>Shoot us an e-mail at <a href=\"mailto:contact@legalraasata.com\"><span style=\"color: #0000ff;\">contact@legalraasata.com <\/span><\/a>or ring us up at <span style=\"color: #0000ff;\">+91-<a class=\"fusion-flex-link fusion-bar-highlight\" style=\"color: #0000ff;\"><span class=\"menu-text\">8750048585<\/span><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction The Ministry of Corporate Affairs (MCA) under the supervision and enthusiastic support of the honorable prime minister Shri Narendra Modi are taking drastic steps in an attempt to simplify the process of running a business in India with their campaign: Ease of Doing Business in India. The newest addition to this campaign is One Day [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":13367,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[556],"tags":[163,162,156],"class_list":["post-13357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-articles","tag-comapny-formation-in-one-day-1-day-incorporation","tag-company-incorporation","tag-spice-form-inc-32"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>One Day Company Incorporation SPICe (INC-32) || LegalRaasta<\/title>\n<meta name=\"description\" content=\"The SPICe forms have been reformed in an attempt to streamline the incorporation process with one day company incorporation.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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