ESI Registration is a mandatory process for businesses in India under the Employee State Insurance Act of 1948, designed to provide social security and healthcare benefits to workers. The scheme applies to establishments with 10 or more employees (20 in some states), where workers earn up to INR 21,000 monthly (INR 25,000 for employees with disabilities). Employers must register their establishment with the Employee State Insurance Corporation (ESIC) to ensure their workers receive comprehensive medical and financial protection.
The registration process involves online submission through the official ESIC portal, where employers must provide detailed establishment and employee information. Employers need to gather necessary documents, complete the employer registration form, and upload supporting documentation. Upon successful verification, ESIC will generate a unique 17-digit code for the establishment, which is crucial for all future communications and transactions related to the insurance scheme.
Once registered, employers must enroll eligible employees on the ESIC portal, with each employee receiving a unique ESI number. Employees will be issued an ESI card that serves as proof of insurance and enables them to access various benefits including medical care, sickness benefits, maternity benefits, and disability support. The scheme requires monthly contributions from both employers and employees, creating a robust social security network that protects workers across various industries.
According to the official notice, the following state government-affiliated entities fall under the scope of the ESI Act according to Section 1(5):
These entities are required to register with the ESIC if they have a workforce of 10 or more individuals.
Furthermore, the Central Government has expanded the ESI Act’s Section 1(5) coverage to include the following central government-related entities:
Our sole proprietorship company registration consultant will discuss to get the details about the nature of the business and other factors relevant to the registration of a sole proprietorship business.
The checklist to register sole proprietorship firm is sent to the client and other instructions are given, documents required for registration of proprietorship firm is received from client.
Once all the documents are checked by our team, and documents are validated for completeness, the client will instructed to clear the sole proprietorship registration fees.
Upon receipt of fees, our internal team will process and submit the sole proprietorship firm registration application. MSME registration certificate of proprietorship firm will be mailed to the client once MSME certificate is generated.
The client will be provided with information about when to apply for GST registration for sole proprietorship, and basic details about income tax due dates for proprietorship income tax return filing.
Register Mitra team of seasoned professionals, including chartered accountants and legal experts, offers premier legal and compliance ESI PF registration services in India. We recognize the critical nature of an employer’s obligation for ESI registration and approach this task with the highest degree of diligence and attention to detail. Our Employee State Insurance Registration process is streamlined, efficient, and designed to save you time. Transparency is at the core of our service delivery, ensuring you receive regular updates throughout the process. Should you have any inquiries during the ESI registration or filing process, our expert team is readily available to provide you with the necessary support and guidance.
All factories or establishments with 10 or more employees (with a monthly wage of up to ₹21,000) are required to register for ESI. Both private and public sector companies must comply with the registration requirements.
To register for ESI, employers must submit an online application on the ESI Corporation portal with details like company name, address, and employee information. After approval, a registration number will be issued for the establishment.
The contribution to ESI is 4% of the employee’s wages, with the employer contributing 3.25% and the employee contributing 0.75%. Contributions are calculated on wages up to ₹21,000 per month.
Tax expertise involves specialized knowledge in tax law and accounting, helping clients minimize liabilities while ensuring compliance. Tax advisors, including CPAs and attorneys, offer tailored strategies for individuals and businesses to navigate complex tax situations effectively.
Cost efficiency refers to the ability to minimize costs while maximizing output and quality. It involves optimizing resources to achieve the best results without unnecessary expenditures, enabling businesses to enhance profitability and competitiveness.
It's being fully prepared for an audit, ensuring accurate financial records and compliance with relevant standards. It involves maintaining organized documentation, implementing internal controls, and conducting assessments to identify gaps before the audit occurs.
Register Mitra can significantly save time by streamlining processes and providing instant access to services. It simplifies application submissions, offers quick updates, and enhances efficiency in managing tasks, allowing users to focus on core activities.