ESI Registration Online
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ESI Registration
The employee’s state insurance Act, 1948 was enacted by the legislature as an integrated need based on the social insurance scheme. ESI stands for employee state Insurance Corporation is an autonomous body created by the ministry of labor and employment that governs and regulates the employee state insurance in India. ESI is managed and governed by the rules and provisions issued by the ESI ACT 1948. ESI is like a social insurance scheme that would protect the interest of workers in possibilities such as sickness, maternity, temporary or permanent physical disablement and death due to employment injury resulting in loss of wages or earning capacity. The ACT also guarantees reasonably good medical care to workers and their immediate dependents. This scheme is started for Indian workers. The workers are provided with a huge variety of medical, monetary and other benefits from the employer. Any company having more than 10 employees who have a maximum salary of RS. 15000/- has to mandatorily register itself with the ESI.
Entities covered under ESI
As per the government notification dated sec1 (5) of the ESI act the following entities are covered –
- Shops
- Restaurant or hotels only engaged in sales
- Cinemas
- Road motor transport establishment
- Newspaper establishment (which is not covered under the factory act)
- Private educational institutions
Procedure for ESI registration
ESI registration
Factories must register within 15 days of the ESI applicability
Code number
A 17 digit code number is provided which is used in all correspondence.
Employees
At the time of joining, employee s fill a declaration form and submit two copies of a family photo to the employer, which is submitted to the ESI.
Insurance number
The employee will be allotted an insurance number for the purpose of his identification under the scheme.
Temporary number card
The employees are issued a temporary identity card for availing medical benefit for three months. Permanent photo identity card. There is no requirement of re-registration during change of employment and same registration can be transferred from one employment to another.
How can Bizlaw India help you to?
BizlawIndia helps you prepare all the documents of company registration and in company formation. We provide you all the facilities from company registration to company management. We will register your company with the company process and the new company building process.
Frequently Asked Questions
A Limited Liability Partnership (LLP) is a hybrid business entity that combines the features of a partnership and a company. It offers limited liability protection to its partners and provides flexibility in management, making it a popular choice for small and medium-sized businesses.
- Limited Liability: Partners’ liability is limited to their contribution in the LLP.
- Separate Legal Entity: An LLP is a separate legal entity from its partners.
- Perpetual Succession: The LLP continues to exist irrespective of changes in partners.
- Flexibility in Management: Partners have the freedom to manage the LLP according to their agreement.
- No Maximum Limit on Partners: There is no upper limit on the number of partners.
An LLP requires a minimum of two partners. There is no maximum limit on the number of partners. Individuals, companies, or LLPs can be partners in an LLP.
Designated partners are responsible for regulatory and legal compliances. An LLP must have at least two designated partners, one of whom must be a resident of India.
- Designated Partner Identification Number (DPIN): For all designated partners.
- Digital Signature Certificate (DSC): For all designated partners.
- Identity Proof: PAN card, passport, or voter ID of all designated partners.
- Address Proof: Aadhar card, utility bill, or bank statement of all designated partners.
- Registered Office Proof: Rent agreement or sale deed along with a no-objection certificate (NOC) from the owner.
- LLP Agreement: Draft agreement outlining the rights and duties of the partners.
You can obtain a DSC from certified agencies by submitting the required documents and application form. It is used to digitally sign electronic documents and forms.
Apply for a DPIN through the Ministry of Corporate Affairs (MCA) portal. This unique identification number is mandatory for designated partners of an LLP.
Submit Form RUN-LLP (Reserve Unique Name) to the Registrar of Companies (RoC) for reserving the name of the LLP. The proposed name should be unique and comply with the naming guidelines prescribed by the MCA.
- Obtain DSC and DPIN: For all designated partners.
- Name Approval: Submit Form RUN-LLP to reserve the LLP name.
- Incorporation: File Form FiLLiP (Form for Incorporation of Limited Liability Partnership) with the necessary documents.
- Certificate of Incorporation: Upon verification, the RoC issues the Certificate of Incorporation.
- LLP Agreement: File the LLP Agreement in Form LLP-3 within 30 days of incorporation.
Yes, an LLP can be converted into a company, subject to compliance with the relevant provisions under the Companies Act and the LLP Act.
Bizlawindia provides end-to-end assistance in LLP registration, including:
- Consultation and Planning: Initial consultation and strategic planning.
- Document Preparation and Filing: Assistance with obtaining DSC and DPIN, name approval, filing incorporation forms, and drafting the LLP Agreement.
- Post-Incorporation Support: Guidance on maintaining statutory compliances and filing annual returns.
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