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01 Employee State Insurance Registration
- Service Cost: ₹999
- Estimated Time: 1-3 Days
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ESI Registration Online
ESI Registration is quick, simple, and would be possible online with Taxxinn in 3 plain sailing steps
Call to discuss
Our expert will connect with you & prepare documents.
02Get certificate
Get your ESI Registration Certificate.
03Overview
Employee State Insurance Corporation or ESIC is self-financing social security and medical insurance scheme that provides medical benefits, retirement coverage, unemployment benefits, maternity benefits, disability benefits and various other benefits such as funeral costs, free supply of physical aids, etc. to employees and their families.ESI is an independent body under the Government of India’s Ministry of Labour and Employment. Employee State Insurance (ESI) is a social security and health insurance program for Indian employees.
Factory or Establishments with 10 or more workers drawing up a salary of up to Rs.15,000 a month are required to be enrolled with ESIC under the 1948 ESI Act. The benefits offered by the scheme are financed with the contribution provided by the employees and employers. This contribution is collected in the way of premiums at a fixed rate from the salaries of the employees and employers. At present, covered employees owe 1.75 percent of the salary to the ESIC and employers owe 4.75 percent of the salaries paid to their employees. The state government also pays 1/8th share of medical care expenses.
All Establishments and factories with more than 10 workers are expected to apply within 15 days of the ESI Act for ESI registration, 1948 being applicable to them. Taxxinn helps you get ESI registration one all over India.
Advantages of ESI Registration
Medical Benefit
Individuals enrolled under ESI and their family members are provided with full medical coverage-from the day the person is employed. There is no limit on an insured person or his / her family member’s medical care expenses. Health insurance is often given after payment of a nominal annual fee of Rs.120/- to elderly and permanently disabled insured persons and their spouses.
Maternity Benefit
Pregnant ladies have the right to maternity benefits payable for up to twenty-six weeks. Upon medical advice, this time can be extended by 30 days. In order to apply for maternity care, workers must pay their earnings for 70 days in the two previous years of contributions.
Disablement Benefit
As long as temporary illness remains, 90 percent of the income is payable from the day of entry into employment and regardless of having made any contribution. In the case of permanent disability based on the extent of lack of earning capacity as approved by a Medical Board, permanent disability compensation is available at a rate of 90 percent of salary in the form of the monthly payment.
Sickness Benefit
The employee will get sick benefits in the form of cash. The insured employee will be provided with cash compensation at the rate of 70% of there salaries for the maximum period of 91 days in a year. The insured worker is expected to spend 78 days over a payment period of 6 months to apply for the sickness payout. Workers suffering from malignant and long-term diseases will demand extended disability compensation at an elevated rate of 80 percent of earnings for up to two years.
Dependant Benefit
The dependent benefit is paid at a rate of 90 percent of salary in the form of monthly payout to a deceased covered person’s dependents, in situations where mortality is caused by work injuries or workplace hazards.
Funeral Expenses
A sum of Rs.10,000/- is payable to dependents or the individual performing the last rituals from day one of entering insurable employment.
Old age medical care
The annual Rs.120 premium guarantees medical insurance coverage to eligible ESI workers or to those who apply for VRS / ERS. Insured ESI holders who retire due to lifelong disabilities will enjoy the same welfare benefits.
Physical rehabilitation
Applicable in the event of physical disabilities related to workplace injuries or workplace risks of employees.
Unemployment Allowance
Under the Rajiv Gandhi Shramik Kalyan Yojana, unemployment compensation is payable to an eligible person who is unemployed after three or more years of insurance, due to factory/establishment shutdown, retrenchment or permanent disability. The unemployment allowances which are available are:
- Unemployment Compensation equal to 50 percent of the salary for up to one year overall
- Self and family medical treatment receives unemployment insurance from ESI Hospitals / Dispensaries during the IP period.
- Professional development training provided skills upgrade – fee/traveling allowance cost covered by ESIC.
Eligibility for Provident Fund Registration
Below are the following criteria of eligibility:
- A manufacturing unit with 20 or more employee strength.
- A firm with 20 or more individuals strength. In this case, the central government defines the class of such firms
- A firm with less than 20 worker strength has to intimate to the Employees’ Provident Fund
- Organization with a notice priorly within 2 months or less than that.
- Employee, whose basic salary is more than Rs. 15,000 per month, at the point of joining, are eligible for EPF.
- Every employee is eligible for a provident fund. But the above are the criteria which make it compulsory.
ESI Registration Process
Our TaxxInn experts will reach you out, explain the process step by step and help you out with your queries.
Experts will let you know about the documents required. You can Email us the scanned copy of the documents.
The next step is to prepare the application with all the details required.
We need to file the ESI application with authorities with all the supporting documents.
Once all the queries raised by the authorities are answered we have to do a regular follow up with the government department for the approval.
After several follow ups with the government department the approval will be provided. Once the approval is provided a digital copy of ESI registration will be sent through email.
Eligibility for ESI Registration
The general requirement to be considered for registration with ESI (Employees’ State Insurance) is to have 10 employees or more. But in some states, ESI only applies where more than 20 workers are working.
Accordance with the 1948 ESI Act, all entities are eligible for ESI registration provided they follow the requirements of providing the required number of workers in that state. The entities covered are:
- Shops
- Hotels or restaurants not having any manufacturing activity, but only providing service.
- Cinemas
- Roadside Motor Transport Establishments
- Newspaper establishments.
- Private Educational Institutions and Medical Institutions
- Medical institutions
For certain states, the total number of people employed required for insurance is 20 or more. A few governments of the state did not expand the scheme to include medical and educational institutions
Documents required for ESI Registration
ESI registration requires the following documents to be submitted along with the application:
Documents from employer
- Registration Certificate or Licence issued under the Shops and Establishment Acts or Factories Act
- Address Proof: Rental document/ sale deed.
- Recent building Tax/Property Tax receipt (Photocopy).
- Memorandum and Articles of Association/Partnership Deed/Trust Deed of the entity that is applying for registration
- Certificate of Commencement of production and or GST certificate if available
- Copy of PAN Card
- Copy of the First Invoice
- Month wise employee salary, position, etc.
- Copy of bank statement
Documents from employee
- Family Photo in Duplicate
FAQs on ESI Registration
Employee State Insurance Corporation or ESIC is self-financing social security and medical insurance scheme that provides medical benefits, retirement coverage, unemployment benefits, maternity benefits, disability benefits and various other benefits such as funeral costs, free supply of physical aids, etc. to employees and their families.
Yes, it is applicable to all those employers who come under the Factory/ Establishment Act.
Yes, Any employer coming under this act has to comply with various compliances such as deposit of monthly contribution.
Payment must be paid within 21 days of the last day of the month in which the contribution is due for each pay period by an employee to a bank properly approved by the Company.
On each day of failure or delay in payment of contribution, an employer who doesn’t pay the contribution within the time period will be liable to pay basic interest at a rate of 12 percent per annum
It usually takes 10 to 15 working days for ESI registration
- Medical Benefit
- Maternity Benefit
- Disablement Benefit
- Sickness Benefit
- Old age medical care, etc
Individuals enrolled under ESI and their family members are provided with full medical coverage-from the day the person is employed. There is no limit on an insured person or his / her family member’s medical care expenses. Health insurance is often given after payment of a nominal annual fee of Rs.120/- to elderly and permanently disabled insured persons and their spouses