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Benefits of ESIC Registration:
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Submit all necessary documents required for company registration.
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ESIC Registration is the process of obtaining a unique registration number under the Employees' State Insurance Corporation (ESIC) for employers and establishments to provide employees with social security benefits, including medical care and cash benefits.
Employers and establishments having 10 or more employees, engaged in specified industries or activities as per the ESIC Act, are liable to obtain ESIC Registration.
Benefits include access to medical care and treatment for employees and their dependents, sickness and disability benefits, maternity benefits, and funeral expenses, as per the ESIC scheme.
Documents such as PAN card, address proof, registration certificate of the establishment, list of employees, salary details, and bank account details are required for ESIC Registration.
ESIC Registration can be obtained within 15 to 20 working days from the date of application submission, subject to verification and approval by the ESIC authorities.
Yes, employers are required to contribute a percentage of their employees' wages as ESIC contributions, as per the rates prescribed under the ESIC Act.
Yes, employers having fewer than 10 employees can voluntarily register for ESIC to provide social security benefits to their employees and avail of benefits under the ESIC scheme.
Failure to register under ESIC or non-compliance with ESIC contribution requirements can attract penalties, fines, and legal consequences, as per the ESIC Act.
No, employees covered under ESIC are not allowed to opt out of ESIC coverage, as it is mandatory for eligible employees as per the ESIC Act.
Company Avenue Advisory provides expert guidance and support throughout the ESIC Registration process, including documentation, application filing, compliance, and liaison with ESIC authorities, ensuring seamless registration and compliance with ESIC laws.
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