ESIC Registration Consultant in Ahmedabad, India
ESIC Registration Services
Are you Searching for ESIC Registration Consultant near Ahmedabad, Gujarat? Ratnam Consultancy Services provides best consultancy for ESIC Registration Services.
Businesses engaged in hazardous activity or business specified by central government are required to obtain online ESIC registration. Such registration enables employee to recover hospitalisation expense from the insurance coverage of ESIC. Each month employee and employer both contribute towards ESIC Coverage. Each month employer required to Submit contribution to ESIC department with ESIC return.
ESIC Registration Applicability Self Assessment
ESIC scheme is applicable to all factories and other establishments as defined in the Act with 10+ or more persons employed in such establishment and the employee monthly wage does not exceed Rs 21,000 are covered under the scheme.
Activity of Business or Plant of Business or additional place of business is in the location which is specified by ESIC Act.
If NO then ESIC Does not apply. No need to check next criteria.
If YES then Check Next Criteria below.
Business activity is Seasonal?
If YES then ESIC Does not apply. No need to check next criteria.
If NO then Check Next Criteria below.
Total number of employee in company are 10 or more?
If NO then ESIC does not apply.
If YES then ESIC Applies.
For limit counting purpose (i.e. 10 Employees) all employee need to take in to consideration. But for Deduction and Coverage purpose employee who is earning salary upto Rs 21,000 need to take in to consideration.
ESIC Contribution Rate
Employee ESIC Contribution : 0.75%
Employer ESIC Contribution : 3.25%
Employee ESIC Contribution : 1.75%
Employer ESIC Contribution : 4.75%
Documents Required for Online ESIC Registration
- Aadhaar Card of Applicant (Director / Partners / Proprietor)
- PAN Card of Applicant (Director / Partners / Proprietor)
- Photo of Cancelled Cheque (Saving Account / Current Account)
- Signature in Specimen
- Mobile Number & Email ID
- Address Proof (Electricity Bill, NOC, Adhar Card, GST Certificate etc)
- In case of company or Firm : Deed / MOA & AOA, CIN
- Employee KYC