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What is ESIC Registration?

ESIC stands for Employees’ State Insurance Corporation. ESI is a self-financing health insurance and social security scheme mainly established for employees earning Rs. 21000 or less per month.

Enacted by the legislature, Employees’ State Insurance Act, 1948, has introduced several schemes to provide various medical as well as cash benefits to employees and their family.

As per the provisions of Employees’ State Insurance Act, 1948, it is mandatory for all the companies with ten or more than ten employees to obtain ESIC registration.

ESI is established under the Ministry of Labour and Employment, Government of India.

Contributions of entities to the ESI

Whether it’s an employee or employer, both are required to contribute to ESI to be eligible for availing the benefits provided under the scheme.

The contributions made by them are as follows:

Contribution of Employees

Employees need to contribute 1.75% of their salary to the government. However, from 1st July 2019, the ESI contribution will reduce to 0.75%.

Contribution of Employers

The total contribution from employers should be 4.75%, which is going to be reduced to 3.25% from 1st July 2019.

For which establishments, ESI registration is mandatory?

We have enlisted below some establishments for which ESI registration is obligatory. They are as follows:

  • Shops
  • Cinemas
  • Hotels or restaurants providing services but not involved in any manufacturing activity
  • Roadside Motor Transport Establishments
  • Newspaper Establishments
  • Medical Institutions
  • Educational Institutions (Private)

Benefits of obtaining ESIC online registration in India

ESIC was introduced to provide several benefits to the employees working under specific establishments. Some of them are as follows:

  • Medical benefits to the employee and his/her family members;
  • Maternity benefits to pregnant women (paid leaves)
  • In any year, if the employee has any certified illness lasting for a maximum of 91 days, then he will be provided with sickness benefits at the rate of 70%.
  • If the employee dies during the working hour, then 90% of his/her salary would be given to his/her dependent every month.
  • The same applies in the case of any disability.
  • Medical expenses for old age care.
  • Funeral expenses.

Documents required for ESIC registration

  • Copy of PAN;
  • Copy of GST registration;
  • Form 1- Employer’s Registration;
  • List of employees along with their date of joining and rate of salary;
  • MOA & AOA of the company;
  • Certificate of Incorporation;
  • Partnership deed, applicable in case of Partnership;
  • Copy of Factory/Shops & Establishment Act Registration;
  • Latest bank statements;
  • 2 passport-sized photographs;
  • Declaration form of each employee;
  • Copy of any other registrations as required.

Steps for ESIC Registration

Procedure for obtaining ESIC registration is as follows:

Step 1: The entity needs to submit the application in Form 1, which is the Employer’s registration form, to the relevant Regional Office.

Step 2: A declaration, along with Form 3, is also required to be submitted with Form 1.

Step 3: After the verification of form and the documents, the applicant will receive a 17 digit unique number.

Step 4: Employees need to fill and submit Form 1 along with two copies of a family photo to the employer. The employer needs to submit these to the concerned ESI branch Officer.

Step 5: For identification under the ESIC scheme, an insurance number is allotted to the employee.

Step 6: Furthermore, the ESI department will issue a temporary identity card to the employee so that the employee can avail several medical benefits for himself and his family.

Why Swarit Advisors?

  • 20+ Years of Experience
  • Ranks high in offering ESIC registration
  • 150+ Team of Lawyers
  • 9 Star Rating by our Clients
  • More Than 1000 Registrations Delivered
  • 99% On Time Delivery
  • 500+ Cities Served

In case you have any questions or wish to apply for ESIC Registration, then click here or fill the inquiry form. You will get a dedicated Call from a CA /CS.

Frequently Asked Questions (FAQs)

Ans:Yes, every employer who falls in the certain categories as described above is mandatorily required to obtain ESIC registration.

Ans:Employers need to apply for Form 01 within 15 days after the act applies to the establishment or the unit.

Ans:An ESI code is a 17 digit unique identification number allotted to all the registered establishments and units. The ESI code is generated through the ESIC portal after the required information is submitted by the employer. Besides, it can also be generated on receipt of a survey report from the Social Security Officer.

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