Employee Profident Fund Registration
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Acquire Quick, convenient & hassle-free EPF registration @ nominal cost!
Our PF Registration Service Includes:
- ✔ Documentation Drafting
- ✔ Form filling & Submission to authorities
- ✔ Issuance of PF allotment letter
- ✔ Documentation Follow up
- ✔ CA support, all throughout business hours
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EPF Registration
The EPF Registration is compulsory for firms having 20 or more of employees. Such firms need to make contributions towards the fixed amount considered as the Provident Fund from the salary of the employees. The employer needs to contribute 12% of the basic salary + DA & RA. This scheme acts as a retirement benefit for all employees working within the organization.
Documentation needed for EPF Registration
Here are the documents that are required to be attached along with the filled registration form which includes
- ✔ PAN documentation of partner, proprietor/ director
- ✔ Proof of address
- ✔ Aadhar card of Proprietor, Partner, or Director.
- ✔ Canceled cheque/ bank statement
- ✔ Proprietor/ partner or director’s digital signature
- ✔ Rented/lease or hired agreement under the existence of any
Eligibility Criteria for Employees Provident Fund
Here are entities listed below that are liable to seek EPF registration:
- ✔ Any entity which is employing 20 or more employees during the previous year
- ✔ Any manufacturing entity despite of the industry, with 20+ employees during the previous financial year
- ✔ The Central Government may ask any of the business entities to seek compulsory EPF registration despite the employee’s count. Such businesses need to get themselves registered through the provision of the EPF scheme upon an immediate basis.
Benefits of EPR Registration
The fundamental advantage of EPR is risk coverage. As the employees as well as the families may tend to face owing to retirement, illness, or death.
Another eminent aspect of PF is consistency as well as portability. This can be transferred to any other employment destination.
The Employee Deposit Linked Insurance Scheme has its availability for PF account holders.
Many of the long-term goals which include marriage, and higher education, will need fast availability of the funding. At such times, accumulated Provident Fund proves to be helpful.
Apart from the 12% EPF contribution, the employer will be contributing an equivalent amount( this includes 8.33% to EPF( Employee Pension Plan).
Procedure for Employee Provident Fund Registration
Step 1
Preparation & Submission of employer’s details as well as documentation
Step 2
Verifying & Completing login establishment along with conducting DSC Registration
Step 3
Obtaining Registration Certification, KYC’s mandatory updating along with common registration, as & when required.
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