PF Registration is a mandatory process for employers in India who have 20 or more employees. The registration is conducted under the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952, and is managed by the Employees’ Provident Fund Organisation (EPFO). Employers must complete the registration within one month of reaching the required employee threshold, with potential penalties for non-compliance.
The registration process is entirely online, requiring employers to provide comprehensive details about their establishment. This includes submitting the email and mobile number of the authorized person, contact person details, license information, employment statistics, and branch information. Employers must also enter their National Industrial Classification (NIC) Code and select their business nature from available dropdown lists.
Upon successful registration, employers receive a unique PF code, and employees are assigned a Universal Account Number. The registration enables the systematic collection of provident fund contributions, which are typically 12% from both the employer and employee. This process ensures that employees have a long-term savings mechanism for retirement, with the added benefits of risk coverage, uniform account transferability, and potential access to funds for emergency needs or significant life events.
Register Mitra offers expert assistance to streamline the PF registration process for companies. With comprehensive support, we ensure that the PF registration online is handled efficiently, allowing businesses to comply with regulatory requirements without hassle.
Securing PF registration offers a comprehensive array of benefits to employers. Here, we have shared the key advantages:
EPF registration is essential for employers as it meets legal requirements like TDS deduction from employees’ salaries. Registering allows employers to handle contributions efficiently through the EPFO’s online portal.
The Provident Fund provides financial security to employees and their families in case of retirement, illness, or death.
A Provident Fund account is consistent and can be easily transferred to a new employer, which is particularly beneficial for employees changing jobs.
EPF automatically enrols employees in the Employee Pension Scheme (EPS), which allocates part of the employer’s contribution to a pension fund. This fund provides a monthly pension to employees after retirement.
The funds accumulated in the PF account are accessible for significant expenses like education or marriage, providing timely financial support.
The PF also serves as a reserve that can be drawn upon in urgent situations such as medical emergencies or family events, offering immediate financial relief .
By registering for EPF, employers comply with legal mandates and enhance their employees’ financial well-being and job satisfaction.
Go to the official EPFO (Employees' Provident Fund Organisation) Unified Portal at unifiedportal-emp.epfindia.gov.in. On the homepage, look for the "Employer Sign in" option and select "New Employer Registration."
Fill in the required details to create a user ID and password for your establishment. This will allow you to log in to the portal and proceed with the registration process. You will need to enter basic information such as your establishment name, address, and contact details.
Once logged in, complete the registration form by providing necessary information about your establishment, including Type of establishment ,Number of employees, Bank account details, Digital signature of partners or directors.
Upload the necessary documents along with your application. Commonly required documents include PAN card of the establishment, Aadhaar card of the authorized signatory, Address proof (utility bill or rental agreement),Bank account statement or cancelled cheque, Certificate of incorporation or partnership deed.
After submitting all required information and documents, generate the registration form from the portal. Print this form, sign it, and submit it to the EPFO office along with a copy of your establishment's PAN card.
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