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OVERVIEW

About Employee State Insurance (ESI) or ESI Registration

ESI stands for Employee’s State Insurance. It is a self-financing social security and health insurance scheme for Indian workers. The scheme is managed by the Employees’ State Insurance Corporation (ESIC), which is an autonomous body under the Ministry of Labour and Employment, Government of India. The scheme provides medical care, cash benefits, and other social security benefits to eligible employees and their dependents. The contributions to the ESI scheme are made by both the employer and the employee, and the benefits are available to the employee during their employment tenure and after retirement.

Employers should get ESI Registration because it is mandatory for them if they employ 10 or more employees in their establishment. The ESI Act, 1948 mandates employers to register their establishments under the ESI scheme and make contributions towards the scheme.

Types of Organisation falling under ESI:

Under the Employees’ State Insurance (ESI) scheme, the following types of organizations are required to register with the Employees’ State Insurance (ESI) and contribute towards the ESI scheme:

  • Factories using power and employing 10 or more persons.
  • Factories not using power and employing 20 or more persons.
  • Shops, hotels, restaurants, cinemas, road motor transport establishments, and newspaper establishments employing 20 or more persons.
  • Private educational and medical institutions employing 20 or more persons.
  • Local authorities and State Government undertakings employing 20 or more persons.

It is important to note that the above thresholds may vary from state to state


DOCUMENTS REQUIRED

Document Required for ESI Registration

The following documents are generally required for ESI Registration:

  • PAN Card of the employer: PAN card is mandatory for ESI Registration. It is used to verify the identity of the employer.
  • Aadhaar Card of the employer: Aadhaar card is used to verify the address of the employer.
  • Address proof of the establishment: The establishment needs to provide a proof of its address, which can be in the form of a rent agreement, electricity bill, telephone bill, or any other document that shows the address of the establishment.
  • Bank account details: The employer needs to provide the bank account details of the establishment where the ESI contributions will be deposited.
  • Proof of incorporation: If the employer is a company or an LLP, they need to provide the proof of incorporation, such as the Certificate of Incorporation or Partnership Deed.
  • Details of employees: The employer needs to provide the name, date of birth, father’s name, and Aadhaar number of all the employees who will be covered under the ESI scheme.

REGISTRATION PROCESS

Process for ESI Registration

The process of ESI Registration in India can be completed online and offline through the official government portal. The steps involved in the process are as follows:

  • Enter the personal details, including name, gender, category, and PAN number.
  • Provide the business details, including the name of the business, type of business, and address of the business.
  • Enter the bank details, including the bank account number and IFSC code.
  • Provide employee and their salary details.
  • Upload the required documents, including Aadhaar card, PAN card, and address proof of the business.
  • Submit the application and verify through Digital signature.

After that all document will be verified by government officials and if found in order, they issue certificate of registration and issue a unique registration number to your establishment.

Why to Choose Us:

  • Experience: b as a service provider has experience in the field of business registration and is familiar with the latest government regulations and procedures.
  • Customer service: We offer an excellent customer service and is available to you throughout the registration process.
  • Cost-effective: In our company, we offer provide service at competitive pricing without compromising on the quality of services.
  • Transparency: We Ensure that the service providing to you is transparent and provides a clear breakdown of the services and fees.
  • Post registration Compliance: We do not only register your business licenses, but also care them like it’s our business. Our clients are always satisfied with our regular update and follow up for all types of their compliance work. We ensure that, any of our clients do not pay any type of penalty and late fees. Our team always ready to solve their query and to even support them to get funding requirement from banks and financial institutions.

Benefit of ESI Registration

ESI registration provides the following benefits to both employers and employees:

  • Medical Benefits: ESI provides medical benefits to employees and their dependents, including outpatient and inpatient treatment, specialist consultation, and diagnostic tests.
  • Sickness Benefits: ESI provides cash benefits to employees who are unable to work due to illness or temporary disablement.
  • Maternity Benefits: ESI provides cash benefits to female employees during their maternity leave.
  • Disability Benefits: ESI provides cash benefits to employees who are permanently disabled due to an employment injury.
  • Dependent Benefits: ESI provides cash benefits to dependents of employees who have died due to an employment injury.

Benefits to Employers:

  • Compliance: ESI Registration ensures compliance with the ESI Act, which is mandatory for certain types of establishments.
  • Reduced Financial Burden: ESI reduces the financial burden on employers by providing medical and cash benefits to their employees.
  • Improved Employee Morale: ESI helps to improve employee morale by providing them with medical and other benefits, which can increase their job satisfaction and productivity.
  • Reduced Absenteeism: ESI can help to reduce absenteeism by providing medical care to employees, which can lead to better health and fewer sick days.

Overall, ESI Registration helps to ensure the welfare of employees and can lead to a healthier and more productive workforce.

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Client Reviews

Best part of the firm is that, they have all type of business registration service under one roof. We got our RERA registration within very short period of time.
members Aditya Aggarwal:
Director- Youngace Global
I met Registration Guru for incorporation of my company- Zotomart private limited in 2016. Since then, then his firm is handling our all compliances and I am very much satisfied with the service.
members IKBAL HUSSAIN
Director- Zotomart
I was searching for a Tax consultant to save my tax and also to get advice for my future saving and tax benefit scheme. I found the firm on the internet and I was very satisfied to have their service and their expert advice.
members Rajesh Kumar
Head-IT

Frequently Ask Question ?

Ans. Establishments with 10 or more employees (in some states, the threshold may be 20 employees or more) are eligible for ESI registration. The definition of an “employee” under the ESI Act includes both permanent and temporary employees, as well as contract employees who are working under the direct supervision and control of the employer.

Ans. No, ESI registration is not mandatory for all establishments. Only those establishments that employ 10 or more employees (in some states, the threshold may be 20 employees or more) are required to register for ESI.

Ans. Employers who fail to comply with ESI registration requirements may be liable for penalties and fines under the ESI Act. These penalties may include fines, interest, and imprisonment for up to two years.

Ans. Yes, an establishment that is not required to register for ESI may register voluntarily if it meets the eligibility criteria. Voluntary registration can provide various benefits to employees and employers.

Ans. Yes, an establishment that has missed the deadline for ESI registration can still apply for registration. However, the establishment may be liable for penalties and interest for the period between the deadline and the date of registration.

Ans. The time taken to obtain ESI registration may vary depending on the state in which the establishment is located. In general, it can take up to 15-20 days to obtain ESI registration after the application has been submitted.

Ans. Yes, ESI registration must be renewed every year. The renewal process typically involves submitting an online declaration of the number of employees and paying the required contribution.

for ESI is 4% of the employee’s wages, of which 3.25% is paid by the employer and 0.75% is paid by the employee.

Ans. The coverage period for ESI is from 1st April to 31st March of the following year. Employers are required to make contributions for the entire coverage period, regardless of when they register.

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