Provident Fund (PF) Registration
Secure your employees' future and ensure compliance with our comprehensive PF registration services.
Understanding PF Registration
The Employees' Provident Fund (EPF) is a retirement benefit scheme for salaried employees in India. PF registration is mandatory for establishments with 20 or more employees and voluntary for smaller organizations.
Who Needs to Register
Any establishment with 20 or more employees must register with the EPFO. Smaller organizations can also register voluntarily.
Compliance Requirements
Monthly contribution of both employer and employee portions, filing of returns, and maintenance of proper records.
Benefits
Retirement security for employees, tax benefits for both employers and employees, and enhanced employer credibility.
Benefits of PF Registration
Employee Retirement Security
Provides a secure retirement corpus for employees through systematic savings.
Tax Benefits
Both employers and employees enjoy tax benefits on their PF contributions.
Legal Compliance
Avoid penalties and legal issues by complying with mandatory PF regulations.
Employee Satisfaction
Enhance employee satisfaction and retention by providing this important social security benefit.
Our PF Registration Process
Initial Consultation
We assess your organization's structure and PF eligibility requirements.
Document Collection
We help you gather all necessary documents required for PF registration.
Application Filing
We prepare and submit your PF registration application to the EPFO.
Compliance Setup
We help you set up systems for ongoing compliance, including monthly contributions and return filing.
Frequently Asked Questions
Is PF registration mandatory for all businesses?
PF registration is mandatory for establishments with 20 or more employees. However, smaller organizations can also register voluntarily to provide this benefit to their employees.
What is the contribution rate for PF?
Both employer and employee contribute 12% of the employee's basic salary plus dearness allowance. The employer's contribution is split between the PF account and the pension scheme.
How long does the PF registration process take?
The process typically takes 2-4 weeks from application submission to receiving the PF registration number, depending on the EPFO office's workload.
What are the penalties for non-compliance?
Penalties include interest on delayed payments, damage charges, and in severe cases, prosecution under the EPF & MP Act, which can result in imprisonment and/or fines.
Ready to Register for Provident Fund?
Our expert team will guide you through the entire PF registration process and help you maintain ongoing compliance.
Contact Us Today