EPF Registration

EPF is one of the primary platforms of savings for working class in India. An Establishment or business is mandatorily required to obtain EIN No. if total employee strength is 20 or more. The total strength of employee Includes contractors or temporary employees like housekeeping staff, daily wage worker security or other temporary workers in the business. Even if a company has employee strength less than 20 then too company can apply EIN. Provident fund Registration certificate should obtain within 30 days from the date of completing 20 employees.
EPF is divided into two parts which are provident fund and Employee Pension Scheme. The subscriber Contribution 12% of basic plus daily allowance goes to Provident Fund. In case of employer contribution, 8.33% goes to Employee Pension Scheme out of 12%, rest goes to the provident fund account.
Considering the number of years of service and the average salary drawn by the person gets the pension. A retired person gets the lump sum EPS money along with PF. The members who complete the age 58 years and completed 10 years of service without any withdrawal gets the benefits of a pension.
Member can withdraw from these accumulations to cater to financial exigencies in life – No need to refund unless misused.
On resignation, the member can settle the account. The member receives his PF contribution, Employer Contribution, and Interest.

Features

  • Mandatory for units with >20 employees
  • Provides Insurance Benefits
  • Pension Benefits
  • Withdrawal Benefits
  • Death Benefits

“SAI ENTERPRISES” helps you with all the existing Government Registration along with new launched registrations like GeM Portal Registration, MSME, Udhyog Aadhar, GST Registration, ESI, EPF, Shop and Establishment Etc. The average time taken to complete task is about 10 - 15 working days, subject to government processing time and client document submission. Get consultation for ESI and EPF Registration by scheduling an appointment with a Sai Enterprises Bhopal (Leading EPC Business Consultant and Online Service Provider)

The List of Documents Required for PF and ESI Registration is given below:

  • Name of the company.
  • Date of the setup of the organization.
  • Scanned copy of the company's PAN (Proprietor's, in case of proprietorship concern).
  • Scanned copy of the licenses available in the name of the company. (like GST).
  • Scanned copy of cheque of company's bank account.
  • Address of the company with address proof.
  • List of Directors / Partners.
  • Address proof of Proprietor / Director / Partner of the company.
  • Email address, Mobile number of Proprietor / Director / Partner of the company.
  • Copy of First sale bill / Job work bill and First purchase bill.
  • The monthly strength of employees from the date of setup.
  • Current list of employees with their details:
  • Name
  • Father's Name
  • Date of Joining
  • Date of Birth
  • Mobile Number
  • Postal Address
  • Name of Nominee
  • Grade
  • Salary
  • Designation
  • ID proof (Aadhaar and PAN)
  • Bank A/c number with IFSC code
  • Digital Signature of the Proprietor / Director / Partner