ESIC Registration
ESIC (Employees’ State Insurance Corporation) registration is mandatory for businesses in India employing 10 or more workers. It provides workers with health insurance and medical benefits.
Here’s a step-by-step guide to ESIC registration:
1. Check Eligibility
- Businesses employing 10 or more employees.
- Specific states may have different criteria (some states require 20 employees).
2. Gather Required Documents
- Employer’s registration certificate or license issued under various acts like the Shops and Establishment Act or the Factories Act.
- Address proof of the establishment.
- PAN card of the business.
- Bank statements.
- Address proof and identity proof of the owner/directors/partners.
- Details of employees (name, date of birth, salary, etc.).
3. Register on the ESIC Portal
- Visit the ESIC website: ESIC Portal
- Sign up/Register: Create an account by providing necessary details.
- Log in: Use the credentials to log in to the portal.
- Fill in the application form: Enter details about the business and employees.
- Submit documents: Upload the required documents.
- Payment of initial contribution: Pay the initial contribution amount as per the prescribed rates.
4. Receive Registration Number
- After submitting the application and documents, you will receive a 17-digit registration number.
- This number is your unique identification for future ESIC compliance.
5. Distribute ESI Cards
- Employees need to register on the ESIC portal to receive their ESI card, which they can use to avail benefits.
6. Regular Compliance
- File monthly returns and contributions.
- Keep records up to date with employee details and contributions.
Benefits of ESIC Registration
- Medical Benefits: Comprehensive medical care for insured employees and their dependents.
- Sickness Benefits: Cash compensation during certified sickness periods.
- Maternity Benefits: Paid maternity leave.
- Disability Benefits: Compensation for temporary or permanent disabilities.
- Dependents’ Benefits: Monthly pension to dependents in case of the insured employee’s death.
- Other Benefits: Funeral expenses, vocational rehabilitation, etc.
Would you like more detailed guidance on any specific step or have other questions related to ESIC registration?