Shoplegal

Shoplegal in Coimbatore assists with PF, ESI, PT, LWF, gratuity, and bonus, bridging the gap between Management and Services. We offer ESI registration in Coimbatore, facilitated by a proficient team. ESI stands for Employee State Insurance, managed by the ESIC (Employee State Insurance Corporation). It's an independent entity ensuring employees' protection from injury-related disability, death, maternity, or sickness. Subscribing to this scheme provides medical care and benefits for employees during sickness, injury, or maternity leave, supporting them when they can't perform their duties.

Applicability of the ESI Scheme

The ESI scheme is relevant to Shops & Establishments, Factories, and similar setups as described in the act, where there are 10 or more individuals employed.

Documents required for ESI Registration:

To get ESI registration in Coimbatore, the necessary documents include:
1. Certificate of Incorporation
2. Partnership deed in case of Partnership firm
3. PAN and GST certificates of the company
4. Memorandum and Articles of Association (MOA, AOA)
5. Address proof of the company.
6. Utility bills like electricity bills, telephone bills and gas connection bills.
7. Rental agreement if the office is on rent.
8. List of Employees, Directors and Shareholders.

EPFO

EPFO, the Employees' Provident Fund Organization, operates as a statutory body established by the Indian Government. EPFO registration in Coimbatore is essential as it stands as the nation's primary social security entity, focusing on promoting retirement savings and other related benefits.

Documents for EPFO registration

To get EPFO registration in Coimbatore, the following documents are required:
1. MSME registration details, if applicable to the establishment.
2. Factory details including license number, issuance date, and location for factory establishments.
3. Start-up registration certificate, if the establishment falls under the start-up category.
4. PAN card, establishment name proof, incorporation date, and establishment type.

Eligibility for EPFO

Companies having over 20 employees must register with EPFO in Coimbatore. All salary-drawing employees are eligible for EPF benefits. Even if the employee count is below 20, they have the option to voluntarily enroll with EPFO.

PF registration

The Employees Provident Fund (EPF) is a scheme for Indian employees governed by the Provident Funds and Miscellaneous Act 1952. Institutions with 20 or more employees can apply for PF registration in Coimbatore. In some rare cases, even establishments with fewer than 20 employees are eligible for PF registration there. The employer contributes 12% (Basic salary + Dearness Allowance + Retaining Allowance), matched by an equal contribution from the employee for PF registration in Coimbatore.
For establishments with less than 20 employees, both employer and employee contributions are at a rate of 10%, as per EPFO rules. UAN, the Universal Account Number, is a unique 12-digit number for every EPF-contributing employee. Companies with 20 or more employees can generate UAN, and UAN registration in Coimbatore is completed upon document submission.
UAN centralizes employee data in the country, aiding in tracking job switches. Only after UAN registration in Coimbatore is done can EPFO access the bank and KYC information of the member, easing the burden of employee verification for companies and employers. Hence, UAN registration in Coimbatore is necessary.