Employee State Insurance (ESI)

Employee State Insurance is a self-financing social security and health insurance scheme which provides medical benefit, sickness benefit, maternity benefit and various other benefits such as funeral expenses, free supply of physical aids etc. to the employees and their family. Any factory or business establishment having 10 or more than 10 employees, irrespective of salary, have to register with ESIC.

ESI contributions must be made for all employees having a salary of less than Rs. 21,000 per month. Employees with less than Rs. 21,000 monthly wages get health and sickness benefits through this statutory scheme.

ESIC oversees the provision of medical and cash benefits to the employees and their family through its large network of branch offices, dispensaries and hospitals throughout India. ESIC is an autonomous corporation under Ministry of Labour and Employment, Government of India. ESIC registration is a statutory responsibility of the employers of factory. It is mandatory according to the rules and regulation of the ESI Act 1948.

 

Advantages of obtaining ESI registration

  • Medical benefits
  • Social security
  • Quick registration
  • Other benefits

Documents Required:

  • Registration Certificate or License issued under Shops and Establishment Act or Factories Act, if available.
  • Memorandum and Articles of Association or Partnership Deed or Trust Deed, depending upon the constitution of the ownership of the establishment.
  • GST registration number
  • List of Partners or Directors
  • PAN Card and Address Proof of the Factory/Firm/Establishment
  • Evidence in support of the date of commencement of production /business
  • Copy of bank statement/ Cancelled cheque.

Packages

Silver

. 5501.00/- inclusive of all fees
  • ESIC registration

Gold

. 12501.00/- inclusive of all fees
  • ESIC registration
  • ESIC return filing for one year upto 25 employees

Platinum

. 20501.00/- inclusive of all fees
  • ESIC registration
  • ESIC return filing for one year upto 50 employees