PF REGISTRATION/ ESIC

List of Documents for PF Registration / ESIC

The documents required for PF (Provident Fund) registration include:

1. PAN (Permanent Account Number) card

2. Aadhaar card

3. Certificate of Incorporation (for companies) or Partnership Deed (for partnership firms)

4. Memorandum of Association (for companies)

5. Articles of Association (for companies)

6. Address proof of the establishment (e.g., electricity bill, rental agreement, property tax receipt)

7. Cancelled cheque or bank statement

8. Copy of the first sales or purchase bill

9. List of partners or directors

10. Passport-sized photographs of the signatories

The documents required for ESIC (Employees’ State Insurance Corporation) registration include:

1. PAN card or Aadhaar card of the employer

2. Proof of identity and address of the employer (e.g., passport, voter ID card, driver’s license)

3. Certificate of Incorporation (for companies) or Partnership Deed (for partnership firms)

4. Memorandum of Association (for companies)

5. Articles of Association (for companies)

6. List of employees recruited by the employer, along with their Aadhaar card copies

7. Register of employees maintained by the employer

8. Records of salary paid to employees

9. Bank statement

10. Certificate of registration obtained under any law relating to shops and establishments or factories act (if applicable)

11. Proof of identity and address of the authorized signatory

It is important to note that the exact documents required may vary depending on the specific requirements of the concerned authorities and the type of establishment.

2,000.00

Additional Details

The (Provident Fund) and ESIC (Employee State Insurance Corporation) are social security schemes in India that provide financial and medical benefits to employees. Here is some basic information about PF registration and ESIC:

1. PF Registration:

– The Employees’ Provident Fund Organization (EPFO) manages the PF scheme.

– PF registration is mandatory for establishments having 20 or more employees.

– Employers and employees contribute 12% of the employee’s basic salary and dearness allowance towards the PF scheme.

– The PF amount can be withdrawn by the employee upon retirement, resignation, or after remaining unemployed for two months.

2. ESIC Registration:

– The Employee State Insurance Corporation (ESIC) manages the ESIC scheme.

– ESIC registration is mandatory for establishments having 10 or more employees (in certain states, it is 20 or more employees).

– Employers and employees contribute a percentage of the employee’s wages towards the ESIC scheme.

– ESIC provides medical benefits, including free medical treatment, maternity benefits, disability benefits, etc., to insured employees and their dependents.

Both PF and ESIC registrations involve obtaining a unique identification number, completing necessary paperwork, and submitting contributions regularly. The process and requirements may vary depending on the state and establishment type. Employers need to comply with the regulations and ensure timely contributions to avoid penalties.