Applicable to any business employing more than 10 people
We shall take care of all the compliances part including
filing of returns as and when required on assignment
Snapshot on ESI Registration
ESI registration is mandatory for any business employing more than 10 people which is subject to Employees’ State Insurance Act, 1948 (ESI Act). It is an integrated social security scheme aimed at providing social protection to workers in the organized sector and their dependents in any contingencies related to health due to an employment injury or occupational disease.
The scheme provides full medical facilities to insured persons and their dependants, as well as, cash benefits to compensate for loss of wages or earning capacity in different contingencies. Registration of ESI can be done through VyaparFormations in Bengaluru and across India.
Things to know on ESI Registration
The complete process of ESI Registration may take 4-8 days once all documents are submitted.
Any establishment employing more than 10 people is required to get registration mandatorily.
ESI contribution is required where employees earning is less than Rs. 15,000/- per month, and the employer contributes 4.75 percentage and employee contributes 1.75 percentage, total share 6.5 percentage.
ESI registration is purely from a compliance perspective. Even if all employees are drawing above Rs. 15,000/- per month, registration is still required and returns has to be filed.
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