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ESI Registration
Extend medical benefits to your employees. Register for ESIC. Prices start from INR 5,999/- only.
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What is ESIC Registration?
All you need to know
Employee State Insurance Corporation or ESIC Registration is a self-financing social security and health insurance scheme which provides medical benefit, sickness benefit, maternity benefit and various other benefits such as funeral expenses, free supply of physical aids etc. to the employees and their family.
Any factory or business establishment having 10 or more than 10 employees, irrespective of salary, have to register with ESIC. ESI contributions must be made for all employees having a salary of less than Rs.21,000 per month. Employees with less than Rs. 21,000 monthly wages get health and sickness benefits through this statutory scheme. The state government also contribute 1/8th share cost of the medical benefit.
Who needs to register for ESI? (What establishments need ESI registration?)
The following establishments having 10 or more employees attracts ESI coverage.
- Shops
- Hotels or restaurants not having any manufacturing activity, but only engaged in ‘sales’
- Cinemas including preview theaters
- Road Motor Transport Establishments
- News paper establishments
- Private Educational Institutions (those run by individuals, trustees, societies or other organizations and Medical Institutions including Corporate, Joint Sector, trust, charitable, and private ownership hospitals, nursing homes, diagnostic centers, pathological labs)
Rate of Contribution towards ESIC:
Currently, the employee’s contribution rate towards ESIC (w.e.f. 01.07.2019) is 0.75% of the wages and that of the employer’s is 3.25% of the wages paid/payable in respect of the employees in every wage period.
However, this rate keeps on changing from time to time.
Contribution Period and Benefit Period
There are two contribution periods each of six months duration and two corresponding benefit periods also of six months duration.
ESIC registration is a statutory responsibility of the employers of the factory. It is mandatory according to the rules and regulation of the ESI Act 1948.
Thinkbiz filings! is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. ESIC registration in India is easy, seamless, cheapest and quickest with Thinkbiz filings! Apart from an ESI Registration, Thinkbiz filings! also helps you with PF Registration, PF Returns, ESI Returns, Trademark Registration and a host of other services easily. You may get in touch with our compliance manager on 09704561215 or email info@Thinkbizfilings.com for Free Consultation.
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BASIC
- ESIC Registration (employees less than 20)
OPTIMAL
- ESIC Registration (employees less than 20)
- ESIC Return for 1 year
ULTIMATE
- ESIC Registration (employees less than 50)
- ESIC Return for 1 year
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Our most honorable clients
- Employees' State Insurance Corporation (ESIC) is a statutory body under the Ministry of Labour & Employment, providing medical and financial benefits to employees in India.
- ESIC registration is mandatory for businesses employing 10 or more employees (in some states, 20 employees), where each employee earns a gross salary of ₹21,000 or less per month (₹25,000 for disabled employees).
- Employees earning a monthly salary of ₹21,000 or less (₹25,000 for disabled persons) are covered under ESIC.
- he employer must register on the ESIC Portal and provide the required documents. Once approved, an ESIC Code Number is issued.
- Required documents include: ✅ PAN Card of the business ✅ Certificate of Incorporation (Company/LLP) ✅ GST Registration (if applicable) ✅ Address Proof of the Business ✅ List of Employees with salary details ✅ Bank Details of the Company
- Typically, 7-15 days after submitting the application and required documents.
- No, ESIC registration is free, but employers must contribute 3.25% of wages and employees contribute 0.75%.
- 📌 Employer Contribution: 3.25% of wages 📌 Employee Contribution: 0.75% of wages
- Contributions must be paid monthly before the 15th of the following month.
- 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
