Company incorporation spice eform error
This query is : Resolved
Sachin Kumar
(Querist)
12 December 2019
We had received following resubmission in Spice form:
As per rule 13(5) of the Companies (Incorporation) Rules, 2014, Business visa of foreign susbcriber or foreign authorised representative should be attached or Overseas Citizen of India (OCI) or Person of Indian Origin(PIO) certificate should be attached with stamps of arrival in India.
We are incorporating subsidiary.
Holding company is incorporated in india.
There is one foreign national national of China who is authorised representative of holding company who is subscriber. Foreign national is resident in India India. Foreign national is also director in holding company.
we had attached foreign national PAN, bank statement depicting indian address and his stay visa visa in Spice form.
Please tell what should be attached to remove the error in spice...?
As per rule 13(5) of the Companies (Incorporation) Rules, 2014, Business visa of foreign susbcriber or foreign authorised representative should be attached or Overseas Citizen of India (OCI) or Person of Indian Origin(PIO) certificate should be attached with stamps of arrival in India.
We are incorporating subsidiary.
Holding company is incorporated in india.
There is one foreign national national of China who is authorised representative of holding company who is subscriber. Foreign national is resident in India India. Foreign national is also director in holding company.
we had attached foreign national PAN, bank statement depicting indian address and his stay visa visa in Spice form.
Please tell what should be attached to remove the error in spice...?
Sachin Kumar
(Querist)
12 December 2019
SPICE came with following resubmission:
As per rule 13(5) of the Companies (Incorporation) Rules, 2014, Business visa of foreign susbcriber or foreign authorised representative should be attached or Overseas Citizen of India (OCI) or Person of Indian Origin(PIO) certificate should be attached with stamps of arrival in India.
We are incorporating subsidiary of holding Indian company.There is one foreign national who is authorised representative of holding company.
Rule 13(5) says where subscriber to the memorandum is a foreign national residing outside India. In our case subscriber is company. Authorised representative is on employment visa in india and also resident in India and also director in holding company. We had attached his employment visa.
Why MCA is demanding business visa..?
03 January 2020
The copy of the passport showing the entry stamps of arrival in India are also to be attached with the SPICe form. Attach these.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
