State Employees Insurance( ESI) is administered and regulated by the State Employees Insurance Agency, which is an independent body under the Ministry of Labor and Employment of the Government of India. The ESI program was initiated for Indian workers which provided financial, medical and other benefits from the employer to the workers.
Currently any factor or profession or company employing further than 10 workers with a minimal payment of Rs 21,000 must register with ESIC.
To be eligible for ESI registration, you must have further than 10 workers. In some areas, registration with ESI is only possible for a company if there are further than 20 workers. Then are some other criteria that must be met to obtain ESI registration.
- With the support of the employer, an employee with a gross salary of up to Rs. 21,000 per month can benefit from this.
- The establishment is registered with the EPFO.
- Employees with a salary of less than Rs.21,000 are required to register for ESI in industrial units where there is a risk of injury or health difficulties.
The following documents must be submitted by the employer along with the application to obtain ESI registration in India:
- Registration Certificate of the Shops and Establishment Acts.
- Factories Act
- Address proof of Principal place of business
- Copy of PAN Card
- Bank statement (Latest)
- Memorandum and Articles of Association or the partnership deed or trust deed depending on the nature of the entity.
- Certificate of Commencement registration no