EPF Registration Procedure for Employers
As per the rules, in EPF, employee whose 'pay' is more than Rs. 15,000 per month at the time of joining, is not eligible and is called non-eligible employee. Registration is mandatory companies which employ more than 20 individuals, including contractual and permanent employees drawing less than Rs 15000 per month.
Employers need to provide the following details to successfully register themselves.
- Name and address of company
- Head office and branch details
- Mention date of incorporation/registration of company
- Fill up details of employees – total employee strength
- Activity the business/enterprise is involved in – i.e. manufacturing, production, service, etc.
- Legal details – This pertains to legal status of a company, i.e. whether it is a private firm/public company, partnership or society, etc.
- Owner details, including designation and address of Directors and partners
- Particulars related to wage component of employees, i.e. total wage disbursed during a month
- Details of bank with whom company has banking relationship
- PAN details
- Basic details of employee (name, date of joining, salary, etc.)
- A form titled “Proforma for Coverage” needs to be filled with the details mentioned above to finish the registration process. In addition to this Proforma for Coverage, employers are expected to submit Form 5A with Annexure 1 to complete the formalities.
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