Rethinking Employee PF Registration Before It’s Too Late!

,Late things always affect a business, and when the thing is important. Doing things lately means missing out on the benefits and importance you can get if you do them on time. So, applying for PF registration for an employer lately means skipping all the benefits and importance that the certification can provide to your company. If you get your PF registration for your company, then in that case, you can get all the advantages and legal labour laws in your business. As a result, your company is always shielded from financial and legal problems.

Rethink the benefits of PF registration before your company starts facing many issues and penalties.

So, in this blog, you will learn about the consequences of getting  PF compliance risks registration too late and what things employer need to avoid being late for getting their PF registration, etc. Stay with this blog and learn all these things before getting EPF law updates for your company.

Mainly, there are many reasons why many companies become late in terms of getting their PF certification. And then they face many consequences of this also. So, if you are a founder and you don’t want to face these consequences, then get your employee provident registration timely manner.

1. Points By Which PF Registration for Employers Becomes Late

Basically, there are many issues by which employers to be late in terms of obtaining their PF certification for their company. Some basic reasons include such as due to ignorance of their legal responsibilities, administrative challenges, or, in some cases, intentional negligence. Due to these reasons, employers forget about their PF registration for employers and become very late in getting it.

Therefore, some more reasons why employers are late in getting their PF registration for their companies are listed below:

1. Awareness lacking – In many cases, it is seen that business owners might become unaware of the necessity to register with the Employees’ Provident Fund Organisation. Even if their company reaches the requirement of 20 or more workers.
2. Errors in documents – In the registration process of EPFO, some mandatory documents are required. So, due to having missing or incorrect documents that include mismatched employee information, unverified PANs, or wrong demographic details. Then this can cause significant delays in the approval process.
3. Burden on employers – Mainly, in new or growing businesses, employers struggle a lot in their administrative process of gathering correct employee data, managing paperwork, and navigating the online portals. Then this can lead them headaches or procrastination.
4. Verification issues – Sometimes, matching the information of employees with ensuring it is accurate and matches across different documents. Such as financial accounts, PANs, and Aadhaar, become very complex and time-consuming, delaying the overall registration.
5. Financial issues – In many cases, founders forcefully delay the registration of PF due to their financial constraints or sheer negligence to avoid the associated costs and compliance burden.
6. Confusions – Many company founders got confused about exactly what benefits their company get through the EPF registration under the Act. Then this leads them to a delayed start of the process. 

2. Cons of Applying for PF Registration for Employer: Lately, with Issues

Ignoring the EPF management strategy registration for a long time can cause many issues for both employees and employers. Because it is mandatory for those companies with 20 or more employees, and if the company reaches that requirement and still skips the EPF registration for the employer, then in that case, that company has to face many problems.

Mainly, those issues directly impact employers because they handle the overall management and issuing of registration and certifications in a company. Due to this authorities mainly target lazy employers who find PF registration an issue for their company.

3. Get Your PF Registration Before It Gets Too Late

Now, know how you can get your PF registration before it gets too late in terms of benefits and legal compliances.

Therefore, know about the process of getting your PF registration for an employer with easy steps. Because there are some deadlines also for PF certification, such as businesses can only register within 15 days with the Employees’ Provident Fund Organisation (EPFO), of this legal applicability threshold being met.

Thus, before this deadline, if you’ve got your PF registration, then it is fine for your company. So, we are mentioning the process of getting PF certification for your company. So that you can get your PF certification before the deadline.

1. First, you must go to the Shram Suvidha Portal’s official website. 
2. Then, register and sign in on the official portal, and provide basic details and verify your contact information.
3. Then, on the portal, select “Registration for EPFO-ESIC”. On that, you have to fill up the required details about your establishment, contacts, and employees.
4. After which, provide or attach all the required documents in which include such as the incorporation certificate, address proof, and bank details. 
5. Then, submit your completed application and also register your Digital Signature Certificate (DSC) for authentication. You need to provide a completely filled application in terms of the approval of your request. 
6. Finally, after the successful verification and approval,  you will get your establishment ID and login credentials. Then these allow you to manage contributions of all your employees and the option of filing returns. 

4. LegalRaasta Doesn’t Make You Late for Your PF Registration!

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