Get assistance to Register on EPFO & EPF Return Filing
Get consultants assistance for epfo registration and epf return filing of individuals, partnership firms, private limited company and LLP . Ourtaxpartner.com is a professional consultants practicing ESI and EPF Compliance's in Kochi, Kerala. We have wide experience in epfo and esic affairs in India. Our pricing plans for epfo registrations starts from Rs. 4,500/-. We help business and individuals all over in the major and minor cities in India like Delhi, Mumbai, Chennai, Kolkata, Bangalore, Hyderabad, Ahmadabad, Pune , Surat, Kochi for EPF Compliance's. Every establishment having employees more than 20 must register under EPF and contribute to the concerned funds. These registered establishments must file monthly returns showing the contribution details to EPFO Authorities.
EPF Registration & EPF Return Filing
The Employees’ Provident Fund and Miscellaneous Provisions Act 1952 applies to the Factories engaged in Industries specified in Schedule I of the Act or to other establishments notified and engaging 20 or more employees. To facilitate easy compliance by the Big Industries, Micro, Small and Medium Enterprises (MSME), other Establishments EPFO has provided online facilities starting from the registration of the Establishments, filing of monthly returns integrated with online payment of the contributions and charges. It is mandatory for an employer to apply for EPF Code number and start depositing of monthly contributions and to submit required e- returns to the EPF Department under the Act well in time, failing which, the employer will stand liable for the damages and consequences thereof.
Who should register for EPFO ? / Applicability of EPF ?
It covers every establishment in which 20 or more persons are employed and certain organisations are covered, subject to certain conditions and exemptions even if they employ less than 20 persons each. The act does not apply to co-operative societies employing less than 50 persons and working without the aid of power. The central government has issued a notification under section 16 (2) of the Act exempting certain establishments which are employing only ex-servicemen and who are in receipt of pension benefits as admissible under the Government rules from the operations of the Act for a period of five years with effect from February 08, 1995.
Further Explanation to the EPF Applicability
The Central Government issued a notification in accordance with the provisions of section 1 (3) (b) of the Employees' Provident Fund and Miscellaneous Act, 1952 covering every trading and commercial establishment employing 20 or more persons, engaged in the purchase, sale or storage of any goods including establishments of Exporters, Importers, Advertisers, Commission Agents and Brokers, Commodity and Stock Exchanges but not including Banks or Warehouses established under any Central or State Act.
As per the rules, in EPF, employee whose ‘pay’ is more than Rs. 15,000 per month at the time of joining, is not eligible and is called non-eligible employee. Employees drawing less than Rs 15000 per month have to mandatory become members of the EPF. However, an employee who is drawing ‘pay’ above prescribed limit (at present Rs 15,000) can become a member with permission of Assistant PF Commissioner, if he and his employer agree.
EPF Act has been rightly made applicable upon an establishment employing more than 20 employees as per report of the Enforcement Inspectors which was upheld by the designated authority of the PF. It was further held that when the question arises bout applicability of the Act and the employer wants to rebut findings of EPF Authority stating the Act is applicable, the employer being legal custodian of the records and registers pertaining to payment of wages of employees and their attendance has to dislodge the findings otherwise the Act wiil be extended upon the concerned employer. In Shortly says, the responsibility is on the employer to prove the Non Applicability of ESI Act.
Documents required for EPFO Registration
Id proof of the Applicants
Address proof of the Applicants
PAN of Business & Applicants
Registration certificate of Shop and Establishment / Factories
Specimen Signature of Applicants
Rent Agreement / Office Address Proof
Certificate of Incorporation
MOA / AOA
EPFO Registration & EPF Return Filing Pricing Plans
EPFO Registration for Individuals, Partnership Firms, Private Limited Company and LLP. Exclusive of fees and taxes of all fees and taxes. Package includes EPF Registration only
EPFO Registration for Individuals, Partnership Firms, Private Limited Company and LLP. Exclusive of all fees and taxes. Package includes EPF Registration and ESI Registration.
EPF Return Filing
Applicable to individuals, partnership firms, company & llp having number of employees less than 20. EPF Return only, Monthly Charges
Applicable to individuals, partnership firms, company & llp having number of employees less than 20. Both EPF & ESI Return, Monthly Charges
Applicable to individuals, partnership firms, company & llp having employees more than 20. Price is negotiable and includes EPF & ESI Returns
Get a price quote for EPF Registration and EPF Return Filing Plans
Who can be member of EPFO?
Who can be a member?
Can a member contribute at a higher rate (above 12%) on voluntary basis?
What is contribution rate payable for a member?
How UAN is allotted?
How employer can see the UANs allotted to its members?
What is the procedure to give UAN to new employees?
Can employer download the list of UAN by its creation?
Yes, employer has an option to download the UANs by its creation/ascending order/descending order/distribution. You have to click the hyperlink download PDF/Text and will get 4 hyperlinks for selecting the order as mentioned above.
Which documents are considered for KYC?
Is digital signature mandatory for approving KYC.
Yes, for approving KYC, digital signatures are mandatory.
Is Ourtaxpartner.com assist to register for EPFO in India ?
Yes, Ourtaxpartner.com assist to register establishment under EPF Act. We also help to file monthly return of EPF. We are the best and leading EPF consultants in Kochi. We serve entrepreneurs in Kochi and Kerala to register and file return under EPFO. Find your best assistance for EPF Compliance in Kochi, Kerala and India.
Know more about EPF Act and its Registration Procedure
Voluntary Coverage of EPF
The Establishments are allowed the coverage under the provisions of the Act on voluntary basis under section 1(4) of the Act on an application with the consent of majority of employees, in case the same is not otherwise come under the the above conditions. The establishment covered on voluntary basis are required to comply with the provisions of the Act at par with other covered establishments and there is on scope for opting out on a subsequent period.
Forms to be maintained by an Employer registered under EPF Act
Form 9 : Form 9 contains a statement of all employees in the establishments giving some details like, name of the employee, father name, age, date of employment, gender, date of joining the establishment. Now we can submit this form by Online.
Form 2 : Form 2 is the nomination from in which a member appoints hie / her successor to provident fund in case of his or her demise who has to be the member of his / her family. In case there is no family then to any person.
Form 5 : This form is similar to form 9 above giving necessary information in case of those employees who join the establishment after submission of
Form 5A : An employer in relation to a factory or establishment as covered under the Act shall furnish the particulars of ownership in Form 5A in duplicate along with branches and departments to the R.P.F.C. Any change of ownership and particulars is to be intimated within 15 days.
Form 10 : Form 10 is a list of employees who leave the establishment after submission of Form 9 / Form 5 together with the date of leaving and reason for leaving therefore.
Form 12 A : This form is to be submitted every month by giving the details of basic wages, retaining allowance, dearness allowance (DA) including cash value food concession, paid contribution deducted, contribution paid, administration charges paid together with No. of Employees / Member.
Challan of Deposit : On the coverage of the establishment the employer is required to deduct and deposit the following dues in the account below mentioned :-
P. F Contribution @ 12% plus 3.67% in Provident Fund Account No. 1
Pension Fund contribution @ 8.33% in Pension Account No. 10
The EPF administration charges payable under Account No. 2 is minimum of Rs 500/- (earlier it is 1.1% of Salary). If the establishment have no contributory member in the month the amount payable for EPF Administration is Rs. 75/-.
Insurance Fund contribution @ 0.50% of the salary to be deposited in Account No. 21
In case establishment is exempted under PF Scheme, Inspection charges @ 0.18% and minimum of Rs. 5/- is payable admin charges. In case Establishment is exempted under EDLI Scheme, Inspection charges @ 0.005% and minimum of Rs. 1/- is payable as Admin charges.
All the establishment registered under the EPF Act must submit the E Return (Form 12A) and deposit the due amount before 15th of the following month. Delayed payments and filing are levy for damages under section 14B of the Act.