EPF Registration

Our team of experts will make you understand all the benefits of EPF registration for you as well as to your employees. Our team will collect required documents and file the application on your behalf. Our team will regularly convey the status of your application. for more queries, feel free to ask us.

Brief about Employees Provident Fund

EPF is a scheme introduced by government through Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 as a social security scheme for the benefit of employees to use the accumulated funds on their retirement. This scheme encourages an employees to save certain amount of rupees from their salary as a retirement fund for their better future. In India the government has fixed the retirement age of 59 years. After attaining this age, those employees who are working in a private sectors will be considered as a retired employees and for government employees, the retirement age is fixed at 60 years of age. This scheme proved to be a boon to employees to save in present for betterment of their future and to enjoy their retirement life with financial stability.

EPF Registration eligibility criteria

An organization has to fulfill the following criteria for registration under EPF:
  1. A factory with the total employee strength of 20 or more.
  2. An establishment that employs more than 20 persons. Here, the Central Government defines the class of such firms.
  3. An establishment that has less than 20 workers and has been notified of compulsory registration for not less than 2 months.
  4. Companies with less than 20 employees (Note: Such companies must issue a notice to the Employees’ Provident Fund Organization in 2 months or less than that)
  5. The employer and the employees of an establishment must mutually agree to apply for PF to the Central PF Commissioner. A notice has to be sent to the Officially from the date of the agreement.

Benefits of EPF Registration

Secure future: Besides the contribution of the employee to EPF, the employer adds an equal amount which is inclusive of Employee Pension Scheme (EPS). Provident Fund helps the dependents of the employee by covering the financial risks they face in such situations.

Flexible fund: Emergencies are part and parcel of life at any point of time. EPF amount can be of great help during mishaps, illnesses, weddings and educational expenses. Employee can claim their money online and can get it at any time.

Easily transferable: The PF account can be transferred while changing jobs. Universal Account Number(UAN) linked to the Aadhar will start to facilitate the linking of the previous accounts. It can be carried forward to the new employer instead of being closed down. This uniformity ensures that the rate of return is compounded over the years.

Online access to EPF A/c: The members who are registered under the UAN portal can get the details which are available at the Employee Provident Fund Organization (EPFO) by just giving a missed call to 011-22901406 from their registered mobile number. If the member’s UAN is linked with the bank’s account number, PAN card or Aadhar number, then the member can easily get the PF balance and previous contribution details. Activated members of the UAN can get to know their previous EPFO balance and PF contribution by sending an SMS to 7738299899 from their registered mobile.

Documents required for EPF Registration

PAN card of establishment

Certificate of incorporation

Cross cancelled cheque of establishment

Address proof that is in the name of the establishment

Specimen signature of directors and authorized signatories

Digital signature of the authorized applicant

In case of voluntary registration, consent of the majority of employees

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