Effortless Compliance for Your Business Growth
Register with ease for streamlined operations and Compliance Efficiency Growth Security |
REGISTRATIONS
ESIC
The Employee State Insurance Corporation (ESIC) is a social security scheme designed to provide employees with financial protection in case of sickness, maternity, disability, or death due to employment injury. ESIC registration is mandatory for employers who have 10 or more employees earning up to ₹21,000 per month. The ESIC scheme offers various medical, disability, and dependent benefits, ensuring that employees and their families are protected during critical situations.
Benefits of ESIC Registration
1. Medical Benefits for Employees and Families: Employees and their families get access to comprehensive medical care and treatment.
2. Sickness Benefits: Cash compensation provided during periods of certified sickness, ensuring financial stability.
3. Maternity Benefits: Financial support for female employees during maternity leave.
4. Disability and Dependent Benefits: Coverage for injuries resulting in disability or death, providing compensation to employees or their dependents.
5. Funeral Expenses: Financial support for the funeral of a deceased employee, easing the burden on families.
Who Should Apply for ESIC Registration?
1. Employers with 10 or More Employees Mandatory for Businesses
Businesses with 10 or more employees earning up to ₹21,000 per month must register for ESIC to ensure compliance with labor laws and provide social security benefits to their employees.
2. Manufacturing Units and Establishments Provide Employee Benefits
Manufacturing companies with a workforce of 10 or more employees must apply for ESIC to provide their workers with health and accident insurance benefits.
3. Service Industry Employers Support Your Employees’ Well-Being
Employers in the service sector, such as hotels, transport companies, and consultancies, must register for ESIC if they have 10 or more employees under the salary threshold.
4. Hospitals, Educational Institutions, and NGOs Ensure Protection for Staff
Institutions like hospitals, schools, NGOs, and trusts with a workforce of 10 or more employees need to register for ESIC to secure employee welfare and avoid legal penalties.
Our Process
1. Eligibility Assessment
We evaluate your company’s employee strength and wage structure to determine eligibility for ESIC registration.
2. Document Collection and Filing
Our team collects the necessary documents, including employee details, wage reports, and business registration documents, to file your ESIC application.
3. ESIC Number Issuance
Once processed, we issue the unique ESIC registration number for your business, enabling you to provide insurance benefits to employees.
4. Ongoing Support and Compliance
We assist with periodic ESIC filings and ensure your company remains compliant with all ESIC regulations, providing continuous support.
Comprehensive Services for You
Startup
Registrations
Compliance
Financial Services
Secretarial Services
ESOP (Employee Stock Ownership Plan)
Expand Your Business
Marketing Services
Contact Us
Have questions? Ask us or find your answer here
ESIC is a social security scheme that provides financial protection to employees in case of sickness, maternity, disability, or death due to work-related injuries. It is mandatory for employers with 10 or more employees earning up to ₹21,000 per month.
Documents required include employee details, salary records, business registration certificates, and proof of identity for the employer.
The registration process typically takes 10-15 working days, depending on document verification and submission.
ESIC is applicable to employees earning up to ₹21,000 per month in establishments with 10 or more employees. It does not apply to higher-income employees.
The contribution rate is fixed by the ESIC authorities, with employers contributing 3.25% and employees contributing 0.75% of their salary. The rates are subject to government revision.
Non-compliance with ESIC regulations can lead to fines, penalties, and legal action by the authorities.
Yes, employers with fewer than 10 employees can voluntarily register for ESIC to provide social security benefits to their workers.
ESIC covers medical care, maternity leave, accident and disability compensation, and dependent benefits in case of death due to work-related injuries.