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EPF Registration

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PF Registration

Extend Social Security to your employees. Register for Provident Fund. Prices starting INR 5999/- only. 

 
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What is EPF Registration?

All you need to know

Provident Fund (PF) is one of the main platform of savings in India for nearly all people working in Government, Private or Public sector organizations. It is implemented by the Employees Provident Fund Organization (EPFO) of India. Registration has to be done within One month from the date of hiring 20th employees. PF is the best way to provide social security to the employees.

Provident Fund PF is largely an employee benefit scheme prescribed by the Government which provides facilities to the employees of an organization about medical assistance, retirement, education of children, insurance support and housing. It is created with the purpose to provide financial security and stability to employees.

Contribution towards EPF

  • Contribution to EPF is to be done by both Employer and Employee.
  • Employer deducts his employees’ share of EPF from his salary.
  • Employer needs to deposit the amount of his contribution of EPF along with employees deducted share.
  • The Employer’s contribution to EPF would be 10% and that of employee’s would be 10% (As per reduced rate).

Why is it necessary to contribute in EPF?

  • The PF contribution by an employer will be tax-free.
  • The amount including the amount interest will be exempt from tax on withdrawal after a specific period.
  • Organizations can also enroll themselves voluntarily under PF laws.

Note: Any delay in registration of EPF (Employee Provident Fund) may result in a penalty.

Why Thinkbiz filings as your service provider for EPF (Employee’s Provident Fund) registration?

Thinkbiz filings is a group of intellectuals. The entire team of Thinkbiz filings consists of Highly qualified CA, CS, Lawyers and business administrators. Thinkbiz filings would be a one stop destination for your EPF (Employee’s Provident Fund) registration in India. We also provide services like Start up advisory, Secretarial compliance services, PAN / TAN application, DIN registration, ESI registration GST registration, Trademark registration, GST / Income tax return filing and many more. You may get in touch with our compliance manager on 09704561215 or email info@Thinkbizfilings.com  for for free consultation.

Simple Prices | No Surprises

Choose Your Package
Our Pricing
5,499/-
(all inclusive)

BASIC

  • PF Registration (employees less than 20)
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Our Pricing
17,999/-
(all inclusive)

OPTIMAL

  • PF Registration (employees less than 20)
  • PF Return (ECR) for 1 year
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Our Pricing
25,999/-
(all inclusive)

ULTIMATE

  • PF Registration (employees less than 50)
  • PF Registration (employees less than 50)
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Compliance Requirements for a Partnership Firm

Income Tax Return

    Partnership firms must file annual tax returns. The due date is 31st July for non-audit cases and 30th September for audited firms. Timely filing ensures compliance, avoids penalties, and maintains legal standing.

    GST Compliances

      Partnership firms must register for GST if turnover exceeds the prescribed threshold. Regular GST return filing is mandatory to ensure compliance, avoid penalties, and maintain smooth business operations under GST laws.

      TDS Compliance

        Partnership firms must deduct and deposit Tax Deducted at Source (TDS) if liable under the Income Tax Act. Timely filing of TDS returns ensures compliance, avoids penalties, and maintains smooth financial operations.

        Accounting

          firms must maintain proper books of accounts reflecting an accurate and fair view of financial affairs. Each partner’s capital, withdrawals and profit share should be recorded separately to ensure transparency

          Tax Audit (if applicable)

            Required for partnership firms if business turnover exceeds ₹1 Cr or professional receipts surpass ₹50 Lakh under Section 44AB, ensuring regulatory compliance and accurate financial reporting.

            Firm Updates

              Partnerships must file updates on any changes in firm structure, such as partner additions, removals, or modifications to the partnership deed, ensuring legal compliance and transparency.

              Documents Required for Partnership Firms

              Quick Checklist

              • PAN card of all partners of the firm.
              • Aadhaar/Passport/Voter ID/Driving License of all partners.
              • Latest utility bill, rent agreement, or ownership proof of the firm’s office.
              • Latest bank statements of partners.
              • Recent photos of all partners.

              Key Benefits of a Partnership Firm

              Points to make your decision easy

              Ease of Formation

                Partnership firms have a straightforward registration process with minimal legal formalities, making them easy and cost-effective to establish.

                Tax Benefits

                  Partnership firms avoid double taxation, as profits are taxed only at the firm’s level and not again in the hands of partners, ensuring tax efficiency.

                  Lower Compliance

                    Partnership have fewer regulatory requirements and legal formalities compared to corporations, reducing administrative burdens and operational costs.

                    Decision-Making

                      Partnership firms enable quick decisions without extensive regulatory approvals, allowing for agile business operations and faster implementation of strategies.

                      Profit Sharing

                        Partners can distribute profits as per the agreed ratio in the partnership deed, allowing flexibility and mutual benefit in financial management.

                        No Minimum Capital

                          Partnership firms have no minimum capital requirement and can be registered even with Rs. 10,000 as total capital, providing flexibility in business setup.

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                          FAQs On EPF Registration
                          Get answers to all your queries
                          What is EPF?
                          • The Employees’ Provident Fund (EPF) is a retirement benefits scheme managed by the Employees’ Provident Fund Organization (EPFO), where both employees and employers contribute 12% of the employee’s basic salary to a savings fund.
                          Who is required to register for EPF?
                          • Any company with 20 or more employees must register for EPF. Companies with fewer than 20 employees can register voluntarily.
                          Is EPF registration mandatory for all employees?
                          • Employees earning a basic salary of up to ₹15,000 per month must be registered under EPF. Those earning above ₹15,000 can opt out if they haven't been part of EPF before.
                          What is the EPF contribution percentage?
                          • Employee’s contribution: 12% of basic salary. Employer’s contribution: 12% (8.33% to EPS + 3.67% to EPF).
                          How can an employer register for EPF?
                          • Employers must register online through the EPFO Unified Portal (https://unifiedportal-emp.epfindia.gov.in/epfo/) by providing the necessary company and employee details.
                          What documents are required for EPF registration?
                          • Employer’s PAN Card GST Registration (if applicable) Company incorporation certificate (for companies/LLPs) Bank account details of the business Employee details (Aadhaar, PAN, salary details, etc.)
                          What is the due date for EPF payments?
                          • Employers must deposit the PF contribution by the 15th of every month.
                          What is the penalty for late EPF payments?
                          • Interest at 12% per annum for late payments. Penalty ranging from 5% to 25% per month for non-compliance.
                          Can an employer cancel EPF registration?
                          • Yes, EPF registration can be surrendered if the number of employees falls below 20, but the employer must seek approval from EPFO.
                          How can employees check their EPF balance?
                          • Employees can check their EPF balance through: UMANG App EPFO website (www.epfindia.gov.in) Missed call to 9966044425
                          Have some queries?
                          • Don’t worry!! Our expert will help you to choose the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@thinkbizfiling.com or call us @+91 970 456 1215

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