PF Registration

Business Setup | Registrations | Limited Liability Partnership

PF, or Provident Fund, is a retirement savings scheme. Employers with 20 or more employees are required to register for PF. Both employers and employees contribute a percentage of the employee’s salary to the fund, ensuring a financial cushion post-retirement.

Eligibility:

The eligibility criteria for Provident Fund (PF) registration in India depend on the number of employees in an establishment. The Employees’ Provident Fund (EPF) is a social security scheme that applies to certain categories of establishments. Here are the eligibility criteria:

1. Mandatory PF Registration:

Establishments with 20 or more employees are required to register under the EPF scheme.

2. Voluntary PF Registration:

Establishments with fewer than 20 employees can voluntarily register under the EPF scheme. Once registered, compliance with EPF regulations becomes mandatory.

3. Salary Limit:

All employees whose basic wages (excluding allowances and overtime) are up to a specified limit are eligible for mandatory EPF contributions. This limit is subject to periodic revisions.

4. Applicability:

PF registration is applicable to various types of establishments, including factories, mines, and certain specified establishments, irrespective of whether they engage in manufacturing activities.

Process:

The Provident Fund (PF) registration process involves several steps and is typically done online through the Employees’ Provident Fund Organization (EPFO) portal. Here is a general overview of the PF registration process in India:

1. Eligibility Check:

Employers with 20 or more employees are required to register for PF. Certain industries with fewer than 20 employees can also voluntarily register.

2. Obtain Digital Signature Certificate (DSC):

The authorized signatory needs to obtain a Digital Signature Certificate (DSC) for online submission of documents.

3. Employer Registration on the EPFO Portal:

Visit the EPFO Unified Portal (https://unifiedportal-emp.epfindia.gov.in/epfo/).
Click on the “Establishment Registration” link and select “Sign-up” for new registration.

4. Fill in Basic Information:

Enter basic details such as the name of the establishment, PAN, address, email, and bank account details.

 

5. Generate and Submit Online Form:

Complete the online registration form providing information about the establishment and its employees.

 

6. Upload Required Documents:

Upload necessary documents, including the proprietor/partnership deed, company incorporation certificate, canceled cheque, and details of the authorized signatory.

7. Obtain PF Code:

Once the registration is processed and approved by the EPFO, the establishment is assigned a unique PF code.

 

8. Contribution and Monthly Remittance:

Deduct the employee’s share and contribute the employer’s share to the EPF on a monthly basis

9. Display PF Code:

Display the allotted PF code at the workplace for the benefit of employees.

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Documents required for PF Registration

The documents required for PF (Provident Fund) registration in India may vary slightly based on the nature of the establishment and the jurisdiction. However, generally, the following documents are commonly required:

Documents required for PF Registration

The documents required for PF (Provident Fund) registration in India may vary slightly based on the nature of the establishment and the jurisdiction. However, generally, the following documents are commonly required:

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