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EPF Registration
Register EPF Online India with the guidance of our expert Team at Kanakkupillai. EPFO is the largest social security entity with a large mass of financial transactions within it. EPF Registration Online provides various benefits to the employee after their retirement in the form of PF.EPF is a short form of Employee Provident Fund that is managed and regulated by Employees Provident Fund Organization (EPFO) and it is launched under Employee’s Provident Funds & Miscellaneous Provisions, Act 1952.
Advantages of EPF Registration
- The employer adds some ratio of the fund to the EPF fund alongside the share of the worker. The employer or the business owner of the company also adds his part which is inclusive of the employee pension scheme (EPS).
- This Employee Provident fund supports as an aid for the worker at the time of their retirement period, illness, disability demise, or any risk happened to the worker.
- In case the worker changes his job, the PF account of an employee needs to not be closed and may be carried forward to this company.
- PF funds own by the employee can be run for long-term plans.
Eligibility for EPF Registration for Indian employers
- To be eligible for PF Registration, a corporation has got to fulfill the subsequent criteria:
- A factory with a total employee strength of 20 or more.
- An establishment that employs more than 20 persons. Here, the Central Government defines the category of such firms.
- An establishment that has less than 20 workers and has been notified of compulsory registration for not less than 2 months.
- Companies with but 20 employees (Note: Such companies must issue a notice to the Employees’ Provident Fund Organization in 2 months or but that)
- The employer and therefore the employees of an institution must mutually comply with apply for PF to the Central PF Commissioner. A notification has to be sent to the Official Gazette from the date of the agreement.
- Every employee is eligible for PF right from the beginning of his employment. The responsibility of PF contribution and deduction is of the employer’s.
Documents needed for EPF Registration Online
- Employers are expected to present certain documents to successfully register EPF as proof in order. A list mentioned below are the documents required for EPF Registration Online
- In case the company is a registered partnership firm, a copy of the partnership deed is required
- A copy of the Certificate of incorporation is required just in case of a public or Private Ltd. and it should be issued by the authorized Registrar and rules and objects of the society
- Societies must submit a replica of their registration certificate
- Private and Public Limited Companies required to submit a copy of MoA and AoA
- Along with the mentioned above documents, all legal documents or proofs are required under the tax Act like PAN details of the corporate, Partition Deed
- Proof of incorporation like first sales invoice/ license granted by competent authorities
- Salary information of employees
- First sale bill of the company
- Details of balance sheet
- Salary and PF statement
- The total number of employees who worked for the organization for the month
- If the organization has registered under GST, the certificate should be submitted
- Cross canceled cheque of the company
- Bank details-name, branch, and address of the bank and IFSC code of the branch,
- Details of machinery and raw material purchased - the first-time purchase.
Online EPF registration procedure for employers
- Collect relevant employee data and documents.
- Establishment registered with EPFO.
- Register DSC (Digital Signature Certificate) of the Employer.
- Fill the application with all employer details.
- Submit verified form
- Get PF registration certificate & Universal Account Number [UAN]
- Our experts are going to be your advisors and consultants for PF online registration and help get the PF number in 5 to 10 business days (not factoring processing time). On the very first consultation, which is free of charge, you will get the gist of our PF process. When we work on your behalf, we make sure that the PF application is submitted for the organization within the prescribed format with no errors. We pledge easy performing at the foremost economical prices.
- The EPFO members are going to be ready to keep a tab of their UAN status using online methods. All you need to do is to provide the EPF number and select your state. You will automatically get the UAN status.
- All the individuals will need to activate their UAN if they have access to all or any of the direct/online facilities given by the worker Provident Fund.
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The simplest and most popular form of Company Registration in India Hence, Incorporating a Private Limited Company is even easier now. Importance of EPF Registration for a Company:EPF registration offers several benefits for employers as it ensures the proper deduction of TDS from employees' salaries. Eligibility Criteria for EPF Registration:The EPF scheme mandates the following businesses to register:1. Documents Required for EPF Registration under EPFO:To complete the EPF registration process, you will need the following documents:1. Proof of License issued by Identifier/Licensing AuthorityProcess for EPF Registration for a Private Limited Company:Follow these steps to complete the EPF registration process:1.
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