Reasons to Register a ESI Registration
Employee’s State Insurance Corporation(ESI) is a self-financing social security and health insurance scheme for Indian workers. The scheme provides Employees with a comprehensive Social Security Scheme for protecting the employees during sickness, injury or disability.
ESI contributions must be made by the employer for all employees having a salary of less than Rs.21,000 per month. The employer must contribute 4.75% and employee must contribute 1.75% of the wages for ESI.
Employee’s State Insurance Corporation(ESI) is a self-ESI provides employees registered the scheme with a host of medical and sickness benefits. Employees registered under the scheme can avail medical facilities and are also entitled for sick pay benefits.
Organisations under ESI coverage must file annual return showing the changes if any during the preceding year. Return of contributions enclosing copy of all ESI contributions paid must be submitted once every six months.
ESI Registration for Employers having more than 10 employees. The Employer must contribute 4.75% of the Employees wages towards ESI. Once, registered the organization is allotted a 17 digit unique identification code.
How we help with ESI registration
MyLegalbook.com can help your business obtain ESI Regisration in 12 to 20 days, subject to Government processing time.
A MyLegalBook ESI Expert will prepare your ESI Application along with the necessary supporting documents that needs to be submitted for ESI Regisration.
Once the application is prepared and submitted, the concerned ESI Office will process the application and may request for more information or documents.
While processing the application, a MyLegalbook ESI Expert will help you respond to any query or request for document (if required) and obtain ESI Registration.