ESI Registration
Employee State Insurance or ESI is a scheme commenced by the Government of India to offer medical, monetary, and other advantages to workers. ESI is managed by an autonomous authority – Employee State Insurance Corporation – which lies under the jurisdiction of the Ministry of Labour and Employment.
By law, any company that has more than 10 employees mandatorily needs to have ESI. In some states, the number of employees is 20. For employees earning more than ₹21,000 per month, including basic salaries and dearness allowance, the insurance is deducted from their pay.
Also, taxpayers with a turnover of less than ₹1.5 crore can opt for the composition scheme to get rid of tedious GST formalities and pay GST at a fixed rate of turnover.
ESIC (Employees’ State Insurance Corporation) Registration Process
Form Filling: The ESI registration form is filled by you completely and the necessary documents are submitted
Verification: Every detail you provide is cross-checked to ensure there are no errors or omissions made. This may take a maximum of 12 days
Submission: The ESI application along with other legal paperwork is submitted by us which requires 2 working days.
Your part of the ESI registration is completed at this point. The government reviews the application and processes your registration:
- The 17-digit identification code number
- Employee insurance number
- Temporary identity card
Documents Required for online ESI Registration
To register for ESI the employer has to submit the following documents along with the application:
- The registration certificate or license issued by – Shops and Establishments Acts/Factories Act
- Address proof
- Rent receipt of the occupied premises, mentioning its capacity
- Copy of PAN card
- Copy of bank statement
- Photocopy of the last building tax/property tax receipt
- Memorandum and Articles of Association or Partnership Deed or Trust Deed – depending on the applying entity
- Photocopy of registration
- Certificate of commencement of production
- Registration No. of CST/ST/GST
