ESI & PF Registration in India
Register your ESI & PF license with the guidance from experts throughout the process. We provide convenient and simplified filing services through 100% online process.
Register your ESI & PF license with the guidance from experts throughout the process. We provide convenient and simplified filing services through 100% online process.
ESI is applicable for the business entities whose number of employees exceeding 20 or more. ESI is applicable for all types of business such as manufacturing activities, shops, hotels, restaurants, cinemas including preview theatre, road motor transport undertakings and newspaper establishment employing 20 or more persons. At present, the employees whose monthly income is less than Rs. 21,000/- per month are covered under ESI Act, 1948.
Salary comprises of following components
All the States except Nagaland, Manipur, Tripura, Sikkim, Arunachal Pradesh and Mizoram are covered under ESI Act, and they have to register for it mandatorily.
PF Registration is applicable to the Factories, Establishments whose number of employees exceeding 20 or more. It is also applicable to the Establishments if they are notified by the government for compulsory registration irrespective of their number of employees even if the number of employees are less than 20. Every employee is eligible for PF right from the beginning of his employment. The employer is responsible for the PF contribution and deduction.
At present, Employees drawing less than Rs.15000 per month will be covered under EPF Contribution mandatorily. Also an employee who is drawing salary of more than Rs.15,000 can still be able to covered under EPF at his option and make contributions to EPF as well as receive the Employer share to his EPF account.
PF will be calculated on the salary which comprises of the following components:
The employer has to obtain the PF registration within 1 month of exceeding the minimum number of employees, in case if they fail to register, there will be penalties levied on the business. A registered establishment will be under the purview of the Act even if their No of employees are lesser than the required limit.
The 12 % contribution is divided into the following subdivision:
Employees Provident EPF administration Charges
GST Certificate/ Shop & Establishment Act Certificate
Electricity Bill/Rent agreement/Telephone Bill/ Water bill
PAN Card of the Company & of all the directors
Cancelled cheque
Company Incorporation certificate & MoA