ESI Registration

The full form of ESI is Employee State Insurance. ESI is handled by an autonomous body called Employee State Insurance Corporation which comes under Ministry of Labour and Employment, Government of India. ESI scheme is initiated for the Indian workers.

Under this scheme, the employer offers various medical, monetary and other benefits to the workers. Companies having more than ten employees (in some states, it is 20) and having maximum salary of Rs.15,000 has to mandatorily register itself with the Employee State Insurance Corporation.

Under this scheme, the employer needs to contribute 4.75% of the total monthly salary payable to the employee whereas employee needs to contribute only 1.75% of the total monthly salary. The employees whose salaries are less than 100 rupees per day are exempted to pay this contribution.

Advantages of ESI Registration?

The advantages of ESI registration are as follows:

  1. 1

    Medical expenses for old age care

  2. 2

    Funeral expenses

  3. 3

    If an employee declared disabled or dead at work, then 90% of the employee salary is given to his or her family or dependents every month.

  4. 4

    Maternity benefit provided to the women employees in the form of paid leaves.

  5. 5

    Medical benefits to the employee and to the family members

  6. 6

    If the employee illness is certified and his or her illness lasts for maximum 90 days in a year, sickness benefit is provided to the employee at the rate of 70% in the form of salary.

What Is Included In Our Package?

Eligibility Consultation

Document Preparation

Application Drafting

Government Fees

Entities covered by ESI

The following entities are covered under ESI as per government notification dated Sec 1(5) of the ESI act –

  • Shops
  • Cinemas
  • Restaurants or hotels only engaged in sales
  • Newspaper establishments (not covered under the factory act)
  • Establishments of road motor transport
  • Private educational institutions

Documents needed for ESI registration?

The documents needed for the ESI registration are as follows:

Certificate of registration in case of a company or partnership deed in case of a partnership firm.

Certification of registration obtained under factories act or shops and establishment act

Memorandum of association and articles of association of the company

PAN card of all the employees and the business entity.

Attendance registers of the employees

List of shareholders of the company

List of directors of the company

Cancelled cheque of company’s bank account

Compensation details of all the employees

List of all employees working in the company

After collecting the documents mentioned above, we have to fill the registration form (Form no.1) and the same has to be filed on the portal along with the documents mentioned above.

Documents Needed To File ESI Returns

After registration, we have to file ESI returns and it is required to be filed two times in a year. The following documents are needed at the time of filing returns –

  • Monthly returns and challan
  • Attendance register of the employees
  • Wages register
  • Form 6 - register
  • Accident register (Record of accidents happened at the workplace)