What is ESI Registration?
The Employees' State Insurance Act, 1948 enacted by the legislature as an integrated need based social insurance scheme that would protect the life and living of workers in sickness or any kind of accident, maternity, temporary or permanent physical disablement, death due to employment injury resulting in loss of salary or earning capacity of an Individual. The ESIC Act also guarantees reasonably good medical care to workers and their immediate dependents. Online ESIC registration is mandatory for all employees earning INR 21,000 per month or less per month as wages or salary.
In India, ESI is a type of self-financing social security scheme. Previously, ESI was only applicable in factories where 10 or more persons were employed. Later on, the ESI scheme expanded. Now, any factory or establishment where there are 10 or more persons are employed and drawing wages upto Rs.21,000 per month has to mandatorily obtain the ESIC registration.
The employer needs to contribute 4.75 % and employee needs to add 1.75% total share 6.5% of Gross salary. This fund is supervised by the ESI Corporation established under the Act. The employer has to mandatory register within 15 days from the Incorporation. The ESI Corporation has to oversee the provision of medical and cash benefits ESI Card holder and depended family member. Now ESI Corporation has established a vast network of Regional offices, dispensaries,and hospitals throughout all the main cities in India. The state government is accountable for the administration and supervision of the hospitals. ESIC Registration process is completely online and we can do this process on your behalf.
Package Includes Following
- ESI Consultation on call discussion
- Employer Registration
- Employee Registration
- Documentation
On Which Establishments ESIC Registration is Applicable?
Following are covered under this:
- Cinemas
- Shops
- Service providing Hotels or restaurants not carrying any manufacturing activity.
- Newspaper Establishments
- Roadside Motor Transport Establishments
- Educational Institutions (Private)
- Medical Institutions
What is the Importance of Online ESIC Registration in India?
The ESIC Act also guarantees reasonably good medical care to workers and their immediate dependents. ESIC Registration is mandatory for all employees earning INR 21,000 per month or less per month as wages or salary ESIC Registration is compulsory for the Employers having more than 10 employees.
- Online ESI Registration Benefits to Employee
ESI provides social insurance to protect the life and living of workers in sickness or any accident, injury resulting in loss of salary or earning capacity of an Individual.
- Online ESI Registration Benefits to Employer
A Registered organization under the ESI Act, the employer secures legal liability which can arise from an accident at the workplace or outside the workplace. If an employer is a registered under the act, then total expenses in case of disability or sickness of the employee shall be borne by the ESI Corporation.
- ESI Payment Online
ESI Contributions should pay on the government account before the 21st of the following month.
What Are the Advantages of Online ESI Registration in India?
Following are the advantages of Online ESI Registration in India:
- Complete medical benefits are provided under this;
- Dependents are also included under this;
- There will be easy access to Medical care in ESI Dispensaries/Hospitals.
- The needof the disabled is taken into account under this.
- Payments will be reimbursed under this.
What will be the Online ESIC Registration Process in India?
- Application
We will prepare your ESI Application along with a list of employee's per-registration.
- Processing
After submission of an application for ESI Establishment code, the concerned Regional Office will approve a unique employer code and also may request for more information from the employer.
- ESI Registration Process time
Online ESI Registration process takes 10 to 15 days, subject to Government processing time.
What Are the Documents Required for Online ESI Registration Process in India?
From All Directors and Shareholder.
- Document Form 01 Employer's Registration (may be abstained from ESI Office).
- List of minimum 10/20 Employees with their DOJ and Rate of Salary.
- Memorandum & Articles of Association with Certificate of Incorporation/Partnership Deed as applicable.
- Copy of PAN.
- Copy of Bank Statement.
- Copy of GST Registration.
- Copy of Factory/Shop & Comm. EST Registration.
- A copy of any other Registration as may be.
- Declaration Form of each employee along with their 2 Postcard size photographs (Optional)
What Are the Steps Covered Under ESIC Registration Process?
ESI Registration Application
Within 15 days of the Act becomes applicable to Establishments or Factories, an application must be submitted in Employer's Registration Form (Form-01) to the relevant Regional Office.
Code Number
For all Correspondence in relation to the Scheme,a 17-digit identification number which is known as Code number will be provided. Along with Form 1, Return on Declaration in Form 3 is required to be submitted.
For Employees
Employees are required to fill Form1 and two copies of a family photo are also required to be submitted to the employer, which is thereafter submitted with the relevant ESI Branch Office by the employer.
Insurance Number
For the purpose of identification under the scheme, an insurance number will be allotted to the employee.
Temporary Identity Card
For availing medical benefit for him/herself and for his/her family, a temporary identity card will be issued to employees for the duration of three months.
Permanent Photo Identity Card
Employees are required to fill Form1 and two copies of a family photo are also required to be submitted to the employer, which is thereafter submitted with the relevant ESIC Branch Office by the employer.
