Write a short note on 'AGILE'.

CS Professional · Advanced Company Law and Practice · PYQS · December 2019
Write a short note on 'AGILE'.

Answer & Explanation:

The AGILE stand for "Application for Goods and Services tax identification number, employee state Insurance corporation registration plus Employee provident fund organization registration". The Ministry of Corporate Affairs has vide Notification G.S.R.275(E) dated 29th March, 2019, inserted Rule 38A in the Companies (Incorporation) Rules, 2014 and introduced E-form No.INC 35 (AGILE). Now the application for incorporation of a company under Rule 38 in E-form No. INC-32 (SPICE) shall be accompanied by E-form INC 35 (AGILE) containing an application for registration of the following numbers, namely: Goods and Services Tax Identification Number (GSTIN) with effect from 31st March, 2019. Employees State Insurance Corporation Registration (ESIC) with effect from 15th April, 2019. Employees Provident Fund Organisation Registration (EPFO) with effect from 8th April, 2019. Though, it is optional to apply for GSTIN/ Establishment code as issued by EPFO/ Employer Code as issued by ESIC at the time of incorporating company, filing of INC-35 form along with SPICE form is mandatory. As per the FAQs on E-form No. INC 35 (AGILE) on MCA21, the director who has signed the E-form No.32 (SPICE) should sign the E-form No. INC 35(AGILE). Thus, both SPICE Form and AGILE Form shall be signed by the same director.

Topics: Company Incorporation

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