EPF Registration is an employee’s after-retirement provision that an eligible employer should be registered to fulfil the contribution. Our EPF Package gives you convenient, affordable and 100% reliable Registration Solution to its customers. So, when you’re an eligible employer, choose this package to let us work for you. This advantageous registration is a major tool to help you obtain employee trust, build your organizational reputation and receive prosperous job seekers. Go through its details and know how it works THE BEST.
EPF Registration for Employers in India – An Overview
EPF Registration, the abridged form of ‘Employee Provident Fund’ Registration is a legal process allowed by Government of India, to financially secure the salaried employees of organized sector during retirement/in case of any major financial necessities/for the dependents if the employee dies. This income is earned through the fund that is contributed by both employer and employee in the service time. It is the most convenient, secured and easily accessible mode of retirement benefit available in our country as regulated by Employees Provident Fund Organization of India with these major guidelines:
Any establishment in India with 20 or more people working in it (in certain circumstances as per Government Policy, business sectors with employees less than this number can voluntarily register for the scheme in Regional Provident Fund Office)
EPF Registration for the eligible business unit should be done within 1 month of hiring the mentioned number of employees, violation to which can lead to legal obligations.
EPF scheme is a mutual contribution based fund where both employer and employee have to contribute in a specific monthly rate calculated over employee’s salary.
Employees with wages up to INR 15,000 working in an organized sector recognized for EPF, should be enrolled in this scheme. (Those employees with salary more than this amount during the time of joining need not be its member, but there is not restriction applicable for them in case they avail the facility with the consent of their employer and Assistant PF Commissioner)
The facility is available for public, private, and government employees, if they delayed in registration then the result might be in penalties.
Benefits of Employer's EPF Registration
Ensures financial security during retirement/illness/death of the employee and secures his/her dependent family members.
Employee Provident Fund maintained with the contribution by both Employee and Employer, includes pension cover to give after-retirement financial security to the employee.
The PF is linked with Life Insurance Scheme that is applicable for only PF Account Holder.
The fund permits loan/partial sum withdrawal on emergency needs to the PF Account Holders, such as, illness, disability, unexpected expenses, like any accident, shifting, etc.
The fund helps in securing the long term goals, such as, home purchase, child’s marriage, higher education expenses, etc.
The fund can be transferable and uniformly maintained and can be carried forward with the change in employment.
For some business sectors, Government Contribution in EPF Fund is sanctioned with tax benefits.
Employee’s PF contribution is eligible for tax exemption u/s 80C of IT Act. Income from EPF is exempted from tax.
Our Package is offering You:
Package Price differs based on the Employee Capacity of the Business Unit.
PF Registration Application Filing
Follow up of PF Registration Status
PF Return Filing (On Demand)
Documentation for Employer's EPF Registration
Applicant Name (As given in Income Tax Department) Note: Applicant can be a registered business unit, such as, Proprietorship, Partnership Firm/LLP/Company, Society/Trust, etc. In case of Proprietorship, Name of Proprietor is needed.
List of Partners/Directors (whatever applicable) and their communication details, such as, telephone number, address, etc. If Proprietorship, Proprietor’s communication details.
For Partnership Firms/LLP/Company/Society/Trust, Details and ID Proof of the Managing Members of the relevant Unit. In case of Proprietorship, Proprietor’s ID Proof, such as, Aadhaar Card/Voter ID Card/Passport, etc.
A copy of PAN Card of the Applying Business Unit
Certificate of Incorporation, if the business unit is a LLP/Company. Certificate of Registration and Partnership Deed, in case of a Partnership Firm.
In case of Society/Trust, MOA and Bye-Laws of the same.
Business Address proof
If you own the Registered Office, provide property papers.
If the Registered Office is rented/leases, legal agreement of the same.
Copy of First Sales and Purchase Bill (raw materials, machinery, etc.)
Bank Details of the Business Unit with proof
Cancelled Cheque with a preprinted name and a/c no.
GST Registration Certificate (if the Unit is GST Registered)
Employee details, such as, Employee capacity (monthly record), Employee Name, DOB, Essential Personal details, Date of Joining, Register of Salary/Wages, etc.
Procedure for Employer's EPF Registration
Step-1) Provide Information for Application
We’ll be giving you consultation on the documents and information required for your EPF Registration based on your Business Unit. It will be helping you to arrange the documents correctly and we’ll be crosschecking them once you provide us the same. Once satisfied, we’ll be proceeding in filing your EPF Application.
Step-2) EPF Application Filing
Once, we’re satisfied with your information and documents, we’ll be proceeding to file your EPF Registration Application. Here, we’ll be needing your DSC (Digital Signature) for registration. We’ll be filling up the form called Proforma for Coverage for your EPF Registration. It’ll be thoroughly crosschecked by us and updated to you. It is mandatory for you, as a Business Unit, to submit Form-5A and Annexture-1.
Note: Once your application is filed online, you’ll be informed about the allotment of your code number, and login details to access the EPO Official Portal. This login details will be used to download and send your Code Allotment Letter to EPFO Office.
Step-3) Issuance of EIC Number
Once we obtain the Allotment Letter in your Name from the EPF Official Portal, it will be sent to EPFO Office for detailed verification from the concerned Department. When the Department is satisfied, you’ll be issued with EIC Number.
Now, you’re legally eligible to provide Employee Provident Fund facilities. Once registered with EPFO, you’ve to follow these compulsory procedures:
File monthly return by uploading ECR sheet usually by 15th of the succeeding month. ECR Sheet can be downloaded from the Official EPF Website.
Regular contribution in EP Fund that is deducted as per the guidelines should be included in your Return.
Our Customers Admire What We Do
PRIYA H, India
I have been dealing with Myitronline and Gopal Varshney for over a decade now. The firm is highly professional, prompt, efficient and courteous. Its been a pleasure dealing with Gopal and I would highly recommend his services. Keep up the great work !!
Myitronline Global Services Private Limited It's a platform of comprehensive technology-driven services that wrap up all the legal needs of startups and established businesses for instance incorporation, government registrations & income tax filings, accounting, documentation and annual compliances.
Myitronline has users from pan India and many from overseas who prefer to use myitronline.com to file their tax return with ease. It is a project built on the idea to make the ever increasing tax filing headache a thing of the past. The website is absolute hassle free and intuitive to use. All of this is delivered to our clients through the convenience of cloud. They access our services via web applications.
is to give away a single & simple click access to all the individuals for all their legal and professional tasks. Our values are to deliver the clients delightful services.
If you appreciate our mission and want to build gratifying Fintech products or join with us, please give a moment to reach us at firstname.lastname@example.org
Individual Tax Preparation Services are offered through two channels – Income Tax Filing by Experts, and Self e-Filing of Income Tax Returns. Income tax Filing by Experts is a service where a dedicated tax expert is assigned to you, to help you understand your tax modalities, prepare returns for you and file your ITR online. If you prefer doing your taxes yourself, Myitronline provides a highly intuitive online tool for e-Filing income tax returns which automatically extracts all data from your Form 16, to help you file your taxes online yourself in 5 easy steps.
Business tax preparation services are provided through personal interaction as well as online for filing ITR 1, ITR 2, ITR 3 and ITR 4. Our GST managed services are a complete solution for all the GST compliance worries where we take care of everything for you right from registration, reconciliation as well as return filing. Apart from this we also provide tax tools like Income Tax Calculator, Advance tax calculator.
Our customers choose us over other service providers, as we offer a blend of tax filing methods suited to the needs of our clients as well as dedicated year-round support or focus on client satisfaction.
Start Up A BusinessNumerous organisations are still puzzled about what kind of entity to register when they indulge in their start up. They keep struggling for the right decision for instance a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship. Every entity has it’s specific pros and cons. There is no single class for all businesses. A private limited firm registration, for instance would be a better fit for any venture that will look for funding at a later stage. You can connect with Myitronline for all the advises you require. We assure you of great & significant support at a reasonable price. Many people find difficulty in discovering the Company name which is unique for itself, the wait is finished. We have come with a great team to find that unique name for your brand Company name availability here.