PF & ESI Registration Company Registration Online In India
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PF & ESI Registration
incorporation of one person company, one person company documents required, incorporation of one person company
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PF (Provident Fund) and ESI (Employee State Insurance) Registration
PF and ESI registration are essential social security measures in India, designed to protect the financial well-being of employees.
Provident Fund (PF)
PF registration is mandatory for organizations employing 20 or more employees. It involves both the employer and employee contributing a percentage of the employee’s salary to a provident fund account, which serves as a retirement savings scheme. It ensures financial stability for employees during their post-retirement years.
Employee State Insurance (ESI)
PF (Provident Fund) Registration
PF offers employees a sense of financial security, knowing they have savings for life events such as education, marriage, or emergencies.
Housing and Medical Needs
Employees can use PF savings for housing loans, home renovation, and medical emergencies.
ESI (Employee State Insurance) Registration:
ESI provides comprehensive medical coverage, including hospitalization, maternity, and post-retirement medical care for employees and their dependents.
Employees receive cash benefits during sickness, maternity, and temporary disablement, ensuring financial stability during challenging times.
Reduced Healthcare Costs
ESI registration lowers out-of-pocket medical expenses for employees, improving their overall health and well-being.
Compliance and Legal Protection
Both PF and ESI registrations promote employee welfare, foster a sense of financial security, and enhance the overall work environment, ultimately benefiting both employers and employees.
Form 9 (Revised)
This form contains employee details and is required for PF registration.
- PAN Card: The Permanent Account Number card of the business entity.
- Address Proof: A copy of the address proof of the business, such as the utility bill or rent agreement.
- MOA/AOA: The Memorandum and Articles of Association for companies, or the partnership deed for partnership firms.
- Registration Certificate: A copy of the registration certificate of the business.
- List of Employees: Employee details, including names, wages, and joining dates.
- Address Proof: The address proof of the business, such as a utility bill or rent agreement.
- Bank Details: Provide a cancelled cheque or bank statement for fund transfers.
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FAQ’s about One Person Company
PF Registration is the process by which employers and employees contribute a portion of wages to a provident fund, ensuring financial security during retirement.
Employers with 20 or more employees are required to register for PF.
PF offers retirement savings, tax benefits, and financial security for employees.
ESI Registration mandates employers to provide medical and cash benefits to employees, covering medical care and temporary
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