EPR Registration Original price was: 8,999.00 ₹.Current price is: 7,999.00 ₹.
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Employee's State Insurance (ESI) Original price was: 5,500.00 ₹.Current price is: 4,990.00 ₹.
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Employee Provident Fund (EPF)

Benefits of EPF Registration

  1. Risk Coverage: EPF serves as a financial cushion for employees and their dependents against unforeseen circumstances like retirement, illness, or death.
  2. Uniform Account: The EPF account is portable and can be transferred across employers, ensuring continuity of savings.
  3. Employee Deposit Linked Insurance Scheme (EDLI): This benefit provides life insurance coverage, with a 0.5% salary deduction from the premium.
  4. Long-Term Financial Goals: The accumulated PF amount can be crucial for major expenses, such as marriage or higher education.
  5. Emergency Funds: EPF savings can be utilized in urgent situations requiring quick access to finances, like family emergencies.
  6. Pension Coverage: An equal contribution by the employer towards the Employee Pension Scheme (EPS) adds to the employee’s financial security post-retirement.

Original price was: 6,990.00 ₹.Current price is: 5,900.00 ₹.

Required Documents
  1. Company Registration Documents: GST Certificate, Shop Establishment License, Certificate of Incorporation (COI).
  2. Address Proof: Electricity Bill, Rent Agreement, Telephone Bill, or Water Bill.
  3. PAN Card: For the business entity and all partners/directors.
  4. Cancelled Cheque: For bank detail verification.
  5. Digital Signature: From one director (to be affixed on the application).
  6. Additional Documents: For companies, COI/Memorandum of Association (MOA); for partnerships, the Partnership Deed.
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PF Registration

Description

The Employee Provident Fund (EPF) is a retirement savings scheme instituted by the government for salaried employees in India. It is a key benefit offered by employers, wherein a fixed interest is paid regularly on the accumulated savings. Under this scheme, both the employer and employee contribute a portion of the employee’s salary towards the EPF, fostering a financial safety net for the employee post-retirement.

EPF registration is compulsory for organizations with 20 or more employees. Employers must register for EPF to ensure compliance with the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. Failure to register or misrepresentation of facts can result in a penalty of INR 5,000.

PF Number Format
A PF number follows the format: MH/BAN/0001011/000/0000110. This comprises:

  • MH: Regional Office Code (e.g., Maharashtra)
  • BAN: Sub-Regional Office Code (e.g., Bandra, Mumbai)
  • 0001011: EPF Employer Registration Code
  • 000: Extension assigned to the employer (if blank, indicated by ‘000’)
  • 0000110: Specific EPF account number of the employee.

UAN Number

The Universal Account Number (UAN) is a unique 12-digit identifier assigned to employees, tracking their EPF contributions and related information throughout their employment. The UAN is generated by the employer and remains unchanged even if the employee changes jobs.

PF Return Filing Procedure

All establishments with EPF registration must file monthly returns by the 25th of each month and an annual return by April 25th.

Payment Due Date

Employers must make PF payments by the 15th of each month.

Penalty for Delay in PF Payment

The penalty for late PF payments varies based on the delay duration:

  • Upto 2 months: 5% p.a.
  • 2 – 4 months: 10% p.a.
  • 4 – 6 months: 15% p.a.
  • Beyond 6 months: 25% p.a.

Registration Process

  1. Document Upload: Upload necessary documents and information on our portal.
  2. Choose Package: Select a registration package and make the payment.
  3. Application Assignment: Your application will be assigned to a dedicated professional.
  4. Form Preparation: The professional prepares the required PF registration form.
  5. Submission: Upon verification, the form is submitted to the PF department.
  6. Certificate Generation: The PF registration certificate will be emailed to you.