1. ESI Registration:

Eligibility:

• ESI registration is mandatory for employers having 10 or more employees (in some states, the threshold is 20 employees) earning wages up to a specified limit.

Application Process:

• Employers can apply for ESI registration online through the ESIC (Employee’s State Insurance Corporation) portal.
• The employer needs to fill out the online application form providing details such as the name of the establishment, address, PAN, number of employees, salary details, etc.
• Supporting documents such as PAN card, address proof, registration certificate, and list of employees with their salary details must be submitted along with the application.
• After submission, the application is processed by the ESIC, and upon verification, the ESI registration number is issued to the employer.

Compliance:

• Once registered, the employer is required to contribute a percentage of the employee’s salary (currently 4.75% by the employer and 1.75% by the employee) towards ESI.
• ESI contributions must be deposited on a monthly basis to the designated bank account specified by ESIC.
• Employers are also responsible for maintaining records, submitting returns, and ensuring compliance with ESI regulations.

2. EPF Registration:

Eligibility:

• EPF registration is mandatory for establishments having 20 or more employees.
• However, voluntary registration is also possible for establishments with fewer than 20 employees, subject to certain conditions.

Application Process:

• Employers can apply for EPF registration online through the EPFO (Employee Provident Fund Organization) Unified Portal.
• The employer needs to fill out the online registration form providing details such as establishment name, address, PAN, bank account details, etc.
• Supporting documents such as PAN card, address proof, incorporation certificate, and list of employees must be submitted along with the application.
• After submission, the application is processed by the EPFO, and upon verification, the EPF registration number (known as the Establishment Code) is issued to the employer.

Compliance:

• Once registered, the employer is required to contribute a percentage of the employee’s salary towards EPF, EPS (Employee Pension Scheme), and EDLI (Employees’ Deposit Linked Insurance Scheme).
• EPF contributions must be deposited on a monthly basis to the designated bank account specified by EPFO.
• Employers are also responsible for maintaining records, submitting returns, and ensuring compliance with EPF regulations.