EPF Registration in India

The purpose of Employee Provident Fund (EPF) is to provide the social benefits to employees. EPF is regulated by the Employees' Provident Fund Organization. This EPF scheme is defined under the Employees' Provident Funds and Miscellaneous Provision Act, 1952. If the strength of Employees in an organization is more than 20, then it is mandatory for an organization to acquire EIN No. You can also opt for voluntary EPF registration even if the strength of your organization is less than 20.

 Further, we will discuss the process of EPF registration, list of documents required for the registration and few facts regarding it.

What is the procedure of EPF registration?

Let's take a look at the steps to be followed for the EPF registration-

STEP1: EPFO Registration

The first step is to visit the website of EPF registration, where you need to click on the option "Establishment Registration" on the unified portal

STEP2: Do read User Manual

Before you register, it is recommended to download and read the instruction manual. You will get the Instruction manual by clicking on the link establishment registration.

STEP3: DSC Registration

For EPF registration, DSC registration has to be done in prior. If you are already registered, then you just need to put in your credentials such as Universal Account Number (UAN) and password.

STEP4: Filling the Employers' Details

Once you are done reading the Instruction manual, you just need to click on the register button. This will make you land on the next page, where you will be asked to provide the Employers' details. Please make sure to fill the details correctly.

List of Documents required for the EPF registration

There is a list of documents that need to be submitted at the time of EPF Registration. The List of Documents includes-

·         Copy of PAN Card of firm/ Company/ Society/ Trust

·         Copy of cancelled cheque

·         Partnership Deed, if you have a partnership firm

·         Certificate of Registration, if you have a proprietorship/ partnership/ Company/ LLP

·         Certificate of Incorporation, if you have a company/ society/ trust/ NGO

·         Copy of PAN cards of Directors/ Partner

·         Copy of Aadhar Card/ Voter Identity card of Director

Few Facts Regarding the Employee Provident Fund

1.       For Employees' Provident Fund, the contribution from both employee and employer is 12% each.

2.       It is mandatory for the people employed in the factories or establishments to contribute towards the Employment Provident Funds, irrespective of the wages and type of employment you are engaged in.

3.       Following are the employees who are not counted for coverage of a factory-

·         A proprietor or a partner

·         A contractor lending the services of his employee

·         An apprentice engaged under the Apprentice Act, 1961

·         Persons employed on contract for professional service legal, technical, tax consultants.

Hope, you have a basic understanding of EPF registration in India by now. For EPF registration or any information regarding this, please contact Enterslice.