ESI Registration

Overview: 

• ESI stands for Employee State Insurance. This is managed by the Employee State Insurance Corporation. It is an autonomous body created by the law. 
• The ESI scheme was started for Indian workers, the workers are provided monetary, medical and other benefits. 
• There are certain entities that are covered under the act such as shops, restaurants, hotels, cinemas, road motor transport establishment and private medical and educational institutions. 
• After ESI registration, the establishment needs to comply with certain things, such as maintaining the attendance register, wage of worker, inspection book, register that records accidents that happen on the premises. 
• After this registration in ESIC, the person should file ESI return half yearly.       

Requisites:

• If the establishment employs 10 or more people the owner or employer of the establishment must compulsorily register it with ESIC.

Documents required:

• Registration Certificate obtained either under the: Factories Act, or Shops and Establishment Act. 
• Certificate of incorporation of the establishment, which are as follows:
• Certificate of Company Registration in case of a company.
• Partnership deed in case of a partnership firm.
• GST certificate of the establishment.
• Memorandum of Association and Articles of Association of the company.
• Address proof of the establishment. Any one of the following can be submitted as address proof: Utility bills (Electricity bill, gas connection bill or telephone bill of the establishment not exceeding three months) Rental agreement of the land on which the establishment is situated, Property tax receipts of the land on which the establishment is situated
• A list of all the employees working in the establishment.
• PAN Card of the business establishment as well as all the employees working in the establishment.
• The compensation details of all the employees.
• A cancelled cheque of the bank account of the company.
• List of directors of the company.
• List of the shareholders of the company.
• A register containing the attendance of the employees.

Procedure:

1. Log in to ESIC portal – the employer has to create an account in the portal. 
2. Confirmation mail – the employer will receive a confirmation mail sent to the registered mail id and mobile number. 
3. Employer registration Form – 1 – the page will redirect the page to new registration option. Select the type of unit and form1 will appear.the employer needs to enter all the details relating to the unit of the employer.  
4. Payment – then comes the payment procedure. The employer has to pay contribution for 6 months.   
5. Registration letter – a system generated letter will be sent to the employer on successful payment. This letter act as a proof of registration of the employer. 

Benefits:

• Sickness benefits at the rate of 70% (in the form of salary), in case of any certified illness and which lasts for a maximum of 91 days in any year.
• Medical benefits to an employee and his family members.
• Maternity benefit to the women who are pregnant (paid leaves).
• If the death of the employee happens while on work – 90% of the salary is given to his dependents in the form of a monthly payment after the death of the employee.
• Same as above in case of disability of the employee.
• Funeral expenses.
• Old age medical care expenses.