Employee Provident Fund Registration Services | EPF Registration Services

EPF Registration


EPF Registration is mandatory for all those organizations having 20 or more employees. Such organization

  • Drafting of Application for EPF registration
  • Filing of all application with the department
  • Liasioning with the department 
  • Procurement of EPF Establishment Number

Request a call back
* We don't share your number with anyone.

What is EPF?

    • The EPF conspire was introduced under the Employees' Provident Fund and Miscellaneous Act of 1952. It is a reserve funds plot that permits salaried workers to save a specific piece of their month to month salary. Much the same as the employee, the Company additionally adds to the PF Account of the workers.
    • The employee and the employers contribute 12% of the monthly income + Dearness Allowance (if any) in the EPF Account each month. While the employee contribution of 12% is put into the EPF Account, only 3.67% of the 12% contribution of the employer goes into EPF. The remaining 8.33% of the employer is put into Employees’ Pension Scheme (EPS).
    •        Also, workers (employees) do have the choice to expand their EPF commitment intentionally. This extra commitment over as far as possible is added to their Voluntary Provident Fund (VPF). The VPF also acquires intrigue simply like EPF. Nonetheless, on account of VPF, the business isn't required to coordinate the higher commitment of the employee.
  • EPF Registration for Employers and Employees - Eligibility

    Following categories of the Employers and Employees are required to obtain EPF registration:


  • S.no.


    Types of organization

              

        Specific laws

    1.    

                For Factories

               Having 20 or more employees during any time of the year engaged in any industry

    2.    

                Any other establishment

               Having employing 20 or more employees during any time in the previous year

    3.    

                Any other Establishment

     

                Compulsory registration irrespective of their employees when the Central Government, after giving two month's notice to the particular establishment. Such establishments shall have to get themselves registered immediately upon the receipt of the notice with department.

    4.    

                For any employee

                Earning less than INR 15000/- per month.



  • Documents required for EPF registration

    • PAN card
    • Address Proof
    • ID proof
    • GST registration certificate
    • Sale bill and purchase bill
    • Salary and PF account details
    • Banking Details
    • Cross cancelled Cheque
    • Copy of partnership deed when it is a registered partnership firm.
    • A copy of the Certificate of incorporation when it is a Public or Private Limited Company
    • A copy of their registration certificate in case of society.
    • A copy of MOA and AOA
    • A copy of the rules and objects of the society.
    • Legal documents required under the Income Tax Act.

    Frequently Asked Questions

    No, You will not get interest on the withdrawn amount. However, the amount remaining in the EPF account will continue earning interest.

    You have to activate UAN by registering at the EPF member portal before you can process claims or withdraw funds online.

    It is recommended that you transfer your fund from the old PF account to a new one. If you withdraw the amount before 5 years of service, the withdrawn amount is taxable and should be mentioned under income from other sources while filing ITR.

    12% of the employee’s salary goes towards contribution to Provident Fund. Also, Employee State Insurance Corporation(ESIC) is deducted on gross salary which is 1.75% from the employee contribution & 4.75% from the employer contribution.

    Related Post By MyCompanywala

    section shape

    Annual Compliance for Private Limited Company


    post img

    Annual Compliance for Private Limited CompanyA Private Company is a corporate held under private ownership which requires regular filing with the Ministry of Corporate Affairs. For every organization it is obligatory to file an yearly return and audited financial statements including profit and loss...... Read More

    Annual Compliance for One Person Company


    post img

    Annual Compliance for One Person CompanyIn countries like India where entrepreneurship is highly encouraged. One Person Company is one of the most leading forms of business for entrepreneurs whose business lies in an early stage with an intention to grow in future. A One Person Company comprises one...... Read More

    Annual Compliances for LLP


    post img

    Annual Compliances for LLP   A Limited Liability Partnership is a separate legal entity. In order to preserve active status and to avoid default status. A regular filing with MCA is required to be taken care by all Limited Liability partnerships. Annual Compliance for any LLP is obligatory...... Read More

    How much times involved in strike of company name from the register of companies?


    Once an application is filed for striking off of company with the respective Registrar of Companies (ROC) after verifying the documents the RoC will strike off the name of company and this procedure normally takes 3-4 month. However, if any objection is received from ROC this process might take extra time or even reject the application.   Disclaimer: – The above article is prepared keeping all the significant and fundamental inquiry which comes at the top of the pri...... Read More

    What are the documents which are required for closure of the Company?


    Certified true copy of board resolution for authorisation given for filing this application.Registered Digital Signature Certificate of director for signing the form.Memorandum of association of the CompanyArticle of Association of the Company.Proof of identity (PAN Card/Aadhar Card/Voter ID card).Residence proof  (Passport/Driving License/Voter ID Card)Statement of account duly certified by a chartered accountant.Affidavit in Form STK-4 and Indemnity bond in Form STK-3 duly notarised...... Read More

    What is the procedure to strike of company in case of voluntary striking off of company?


    The procedure is extremely easy and is completed step wise:- 1.  Call a board meeting in accordance with the Secretarial standards and Companies Act 20132.  Convene Board meetingto pass the following resolutions:-To take note of statement of accountsTo authorise directors to sign the Indemnity Bond and Affidavits as per Form STK-3 and Form STK-4 respectively.To authorise a director to digitally sign the application in e-Form STK-2.To fix the day, date, time and venue...... Read More

    What are the fees for e-form MGT-14 and e-form STK-2?


    MGT-14 has normal associated fees in accordance with the authorized share Capital of the Company.    STK-2:- INR 10,000/-......

    Which forms required to be filed for strike off Company?


    Two e-forms are required for striking off of company:- a) MGT-14 b) STK-2......

    Whether members approval is required for striking off Company ?


    Yes. Member’s approval is required through Special resolution for striking off company ......

    When Company cannot make an application for striking off?


    has made an application to the Tribunal for the sanctioning of a compromise or arrangement and the matter has not been finally concluded;has engaged in any activitythe company at any time in the previous 3 months:- has changed its name or shifted its registered office from one State to another; ...... Read More

    What are the main checklists needs to be considering before closing of the Company?


    The company has filed its upto date all the financial statements and annual return with the Registrar of Companies.The company does not have any management disputes or there is no litigation pending with regard to management or shareholding of the company.No order is in operation staying filing of the documents by a court or tribunal or any other competent authority.the company is not a company incorporated for charitable purposes under section 8 of the Companies Act, 2013 or section 25 ...... Read More

    What are the ways for close the Company?


    A company can get strike off in two ways:- Suo-moto (Voluntary Striking off)By Registrar of Companies  ......

    Which Company can get close in Strike off?


    Any company can get strike off whether it’s a Private companyOne-person companyPublic company ......

    What is meaning of striking off of company name?


    Striking off of company suggests that closing of a non profitable venture company. In different words it's the quickest and easiest method to shut an organization.......

    PROCEDURE FOR STRIKING OFF OF NAME OF A COMPANY


    Each organization is begun with a dream to keep up its business continuously, but not all businesses square measure effective since quite an whereas past run. As we have a tendency to as of currently recognize, that there's positive technique to consolidate a company, run a company, in like manner, there's an exact system to shut a company. As on date, there square measure 2 alternative ways to shut a company:- Strike off companyWinding up of company ...... Read More

    DETAILED NOTE ON BONUS ISSUE DEFINITION


    An issue of bonus shares is referred to as a bonus share issue or bonus issue. A bonus issue is usually based upon the number of shares that shareholders already own. While the issue of bonus shares increases the total number of shares issued and owned, it does not change the value of the company.                              1) The source out...... Read More

    ISSUE OF SHARES THROUGH RIGHT ISSUE


    DEFINITIONOF RIGHT ISSUE ‘Right Issue’ means offering shares to existing members in proportion to their existing shareholding. The object is, of course, to ensure equitable distribution of Shares and the proportion of voting rights is not affected by issue of Fresh shares. A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. This type of issue gives existing shareholders securities called rights. ...... Read More

    PROCEDURE FOR REMOVAL OF DIRECTOR


    1.        Ensure that a special notice for the removal of a director is furnished by number of members in accordance with the section 115 of Companies Act, 2013 to the company at least 14 days before the meeting at which it is to be moved. 2.        (a) Ensure that the notice for removal of a director is for a director other than a director appointed by the Tribunal under section 242 of the Companies Act, 2013. &n...... Read More

    ISSUUANCE OF EQUITY SHARES THROUGH SWEAT EQUITY


    Introduction- What is sweat equity shares? Sweat equity shares refers to equity shares given to the company’s employees on favorable terms, in recognition of their work. Sweat equity shares is one of the modes of making share based payments to employees of the company. The issue of sweat equity shares allows the company to retain the employees by rewarding them for their services. Sweat equity shares rewards the beneficiaries by giving them incentives in lieu of their contribution tow...... Read More

    PROCEDURE FOR ISSUE OF SHARES THROUGH PRIVATE PLACEMENT


    INTRODUCTION Private placement can be explained as a means of raising capital by the companies without going for public issues. Public Issues like Initial Public Offering and Further Public Opening are means of raising capital by the companies. DEFINITION A private placement is a sale of stock shares or bonds to pre-selected investors and institutions rather than on the open market. It is an alternative to an initial public offering (IPO) for a compan...... Read More

    OPC has to convert into Private or public limited company within 6 months


    post img

     OPC shall be required to convert itself, within six months of the date on which its paid up share capital is increased beyond fifty lakh rupees and the last day of the relevant period during which its average annual turnover exceeds two crore rupees as the case may be, into either a private co...... Read More

    OPC has to convert into Private or public limited company within 6 months


    post img

     OPC shall be required to convert itself, within six months of the date on which its paid up share capital is increased beyond fifty lakh rupees and the last day of the relevant period during which its average annual turnover exceeds two crore rupees as the case may be, into either a private co...... Read More

    Mandatory Conversion of One Person Company into Private Limited or Public Company


    post img

    Rule 6 of the Companies (Incorporation) Rules, 2014 as amended vide the Companies (Incorporation) Amendment Rules, 2015, w.e.f. 1-5-2015 provides that where the paid up share capital of an OPC exceeds fifty lakh rupees and its average annual turnover during the relevant period exceeds two crore rupe...... Read More

    Mandatory Conversion of One Person Company into Private Limited or Public Company


    post img

    Rule 6 of the Companies (Incorporation) Rules, 2014 as amended vide the Companies (Incorporation) Amendment Rules, 2015, w.e.f. 1-5-2015 provides that where the paid up share capital of an OPC exceeds fifty lakh rupees and its average annual turnover during the relevant period exceeds two crore rupe...... Read More

    Restriction on alteration in the Memorandum and Articles of a charitable company licensed u/s 8


    post img

    Section 8(4)(a) provides that a company that has received a licence under the section, shall not alter the provisions of its Memorandum as regards its objects except, with the previous approval of the Central Government [Powers delegated to the Registrar of Companies by Notification No. 1353(E), dat...... Read More

    Restriction on alteration in the Memorandum and Articles of a charitable company licensed u/s 8


    post img

    Section 8(4)(a) provides that a company that has received a licence under the section, shall not alter the provisions of its Memorandum as regards its objects except, with the previous approval of the Central Government [Powers delegated to the Registrar of Companies by Notification No. 1353(E), dat...... Read More

    Main condition for Section 8 Company registration


    post img

    The objective of section 8 of the Companies Act, 2013 is to provide special benefits and privileges to such organisations, which are formed for the following purposes and where it is proved to the satisfaction of the Central Government that a person or an association of persons proposed to be regist...... Read More

    Main condition for Section 8 Company registration


    post img

    The objective of section 8 of the Companies Act, 2013 is to provide special benefits and privileges to such organisations, which are formed for the following purposes and where it is proved to the satisfaction of the Central Government that a person or an association of persons proposed to be regist...... Read More

    Requirements of minimum paid-up capital


    post img

    By the Companies (Amendment) Act, 2015 effective from 29th May, 2015 the requirement of minimum paid up capital for a private limited company of `1 Lakh and for a public limited company of `5 Lakhs has been removed from the definition of the Companies under section 2(68) and 2(71) of the Companies A...... Read More

    Requirements of minimum paid-up capital


    post img

    By the Companies (Amendment) Act, 2015 effective from 29th May, 2015 the requirement of minimum paid up capital for a private limited company of `1 Lakh and for a public limited company of `5 Lakhs has been removed from the definition of the Companies under section 2(68) and 2(71) of the Companies A...... Read More

    Can OPC Change in the nominee by the member of OPC?


    post img

     It has been provided that the subscriber/member of OPC may at any time change the name of the nominated person by giving notice to the Registrar. It shall be the duty of the subscriber/member of OPC to intimate the company the change, if any, in the name of the person nominated by him by in...... Read More

    Can OPC Change in the nominee by the member of OPC?


    post img

     It has been provided that the subscriber/member of OPC may at any time change the name of the nominated person by giving notice to the Registrar. It shall be the duty of the subscriber/member of OPC to intimate the company the change, if any, in the name of the person nominated by him by in...... Read More

    Change in the name of person nominated in the Memorandum shall not be deemed to be alteration in the Memorandum of Association


    post img

    Any such change in the name of the nominee person in the Memorandum of Association of the OPC shall not be deemed to be an alteration of the memorandum.......

    Change in the name of person nominated in the Memorandum shall not be deemed to be alteration in the Memorandum of Association


    post img

    Any such change in the name of the nominee person in the Memorandum of Association of the OPC shall not be deemed to be an alteration of the memorandum.......

    Can we Change in the nominee by the member of OPC?


    post img

     It has been provided that the subscriber/member of OPC may at any time change the name of the nominated person by giving notice to the Registrar. It shall be the duty of the subscriber/member of OPC to intimate the company the change, if any, in the name of the person nominated by him by i...... Read More

    Can we Change in the nominee by the member of OPC?


    post img

     It has been provided that the subscriber/member of OPC may at any time change the name of the nominated person by giving notice to the Registrar. It shall be the duty of the subscriber/member of OPC to intimate the company the change, if any, in the name of the person nominated by him by i...... Read More

    What are the Liabilities of the subscriber in case of One Person Company?


    post img

     The liability of the member of the OPC may be limited or unlimited, and the Memorandum of Association of the OPC shall state,—   (i) in the case of a company limited by shares, that liability of its member is limited to the amount unpaid, if any, on the shares held by them; an...... Read More

    What are the Liabilities of the subscriber in case of One Person Company?


    post img

     The liability of the member of the OPC may be limited or unlimited, and the Memorandum of Association of the OPC shall state,—   (i) in the case of a company limited by shares, that liability of its member is limited to the amount unpaid, if any, on the shares held by them; an...... Read More

    No need for address in India of Foreign promoters incorporating company in India


    post img

     There is no pre-condition for foreign promoters to furnish local address in India for seeking registration and incorporation of a limited company in India.   It was held that there was nothing in the Act or the applicable Rules which requires the foreign promoters to provide a l...... Read More

    No need for address in India of Foreign promoters incorporating company in India


    post img

     There is no pre-condition for foreign promoters to furnish local address in India for seeking registration and incorporation of a limited company in India.   It was held that there was nothing in the Act or the applicable Rules which requires the foreign promoters to provide a l...... Read More

    Is roll checks are mandatory for Directors inMinistry of Corporate Affairs website


    post img

    The digital signatures are required to be registered at the website of the MCA for various category like director, professionals, etc. and need to fill up particulars online at the MCA portal, called roll check.   Without complying with the requirement of Roll Check, any documents si...... Read More

    Is roll checks are mandatory for Directors inMinistry of Corporate Affairs website


    post img

    The digital signatures are required to be registered at the website of the MCA for various category like director, professionals, etc. and need to fill up particulars online at the MCA portal, called roll check.   Without complying with the requirement of Roll Check, any documents si...... Read More

    What are the liabilities on members for having below minimum members’ strength?


    post img

    The MCA vide the Companies (Amendment) Act, 2017 has inserted new section 3A w.e.f. 9-2-2018, vide Notification No. SO 630(E), dated 9-2-2018 to put liability on all the existing members of the company, in case the company defaults in minimum number of members’ criteria. If at any time the number ...... Read More

    What are the liabilities on members for having below minimum members’ strength?


    post img

    The MCA vide the Companies (Amendment) Act, 2017 has inserted new section 3A w.e.f. 9-2-2018, vide Notification No. SO 630(E), dated 9-2-2018 to put liability on all the existing members of the company, in case the company defaults in minimum number of members’ criteria. If at any time the number ...... Read More

    Is Digital Signatures Certificates are mandatory in case of Company registration?


    post img

    Every Form and return prescribed under the Companies Act, 2013 needs to be filed with the digital signature of the managing director or director or manager or secretary of the Company, therefore, it is compulsorily required to obtain digital signatures of at least one director to digitally sign the ...... Read More

    Is Digital Signatures Certificates are mandatory in case of Company registration?


    post img

    Every Form and return prescribed under the Companies Act, 2013 needs to be filed with the digital signature of the managing director or director or manager or secretary of the Company, therefore, it is compulsorily required to obtain digital signatures of at least one director to digitally sign the ...... Read More

    Requirement for Having Director Identification Number


    post img

    As per proviso to section 152(3) of the Companies Act, 2013 no company shall appoint or re-appoint any individual as director of the company unless he has been allotted a Director Identification Number (DIN) under section 154 or such other identification number as the Central Government may prescrib...... Read More

    Requirement for Having Director Identification Number


    post img

    As per proviso to section 152(3) of the Companies Act, 2013 no company shall appoint or re-appoint any individual as director of the company unless he has been allotted a Director Identification Number (DIN) under section 154 or such other identification number as the Central Government may prescrib...... Read More

    GST RETURN FILINGS IN MAHARASTRA


    GST Return Filing Services in MaharashtraWelcome to My Companywala, your trusted partner for seamless GST return filing in Maharashtra. Whether you're a business owner, an individual taxpayer, or part of the Composition Scheme, we offer end-to-end GST services tailored to your needs.What is GST Return Filing in Maharashtra?GST return filing is a crucial aspect of compliance for businesses registered under GST. It involves the monthly, quarterly, or annual submission of details regarding...... Read More

    What our customers are saying about MyCompanywala?

    section shape

    Copyright © 2018 MYCOMPANYWALA all right reserved.

    Hello ! I am Dipesh,Your Consultant from Mycompanywala and I am here to help you.

    What are you looking for?

    1. Company Incorporation?
    2. DOT OSP Registration
    3. Trademark Registration?
    4. Other Services ?