➢ About the service:
❖ PF Registration is mandatory if the no of employees working in an entity exceeds 19.
❖ Monthly PF challan and return due date is 15th of every month.
➢ Estimated time to complete the work:
❖ 10 Days after the receipt of documents.
➢ Required Documents/Information:
❖ PAN & Aadhar card.
❖ Address of the establishment.
❖ Mobile number & E – Mail ID.
❖ Incorporation Certificate.
➢ What we will deliver:
❖ PF Registration certificate.
PF Registration FAQ’s
1. Where I can register a PF account?
PF registration has to be done with EPFO. The PF registration can be done online on the website.
2. Who is eligible to get PF Registration?
For a salaried employee if the Basic and Dearness allowance is less than Rs.15,000 per month then it is mandatory to get the EPF registration by the employer.
3. What is the basic limit for PF registration?
Employees that draw less than Rs.15,000 per month need to get EPF registration mandatorily, and the employee drawing the Pay above the prescribed limit needs to get permission from the assistant PF commissioner to become a member.
4. Is PF registration mandatory?
PF registration is mandatory for all establishments with 20 or more persons, if the establishment has fewer than20 employees still a PF registration would be required. The employee can become eligible for PF right from the commencement of the employment and onus of deduction and PF payment is with the employer.
5. How long does it take to obtain PF registration?
It requires 20-25 days to obtain PF registration in India.
6. Is PF registration mandatory for a Private Limited Company?
Not every Private Limited Company is required to obtain PF registration.
7. What if the employee doesn’t have PF?
If the employee does not want PF registration he can fill the Form 11 at the time of joining the job. The employee can also submit a letter addressing the employer stating that he wishes to opt out of the Provident Fund Scheme.
8. Which PAN is to be entered to obtain PF registration?
The PAN issued in the name of the business entity is to be used for PF registration.
9. Is it necessary to be present physically to obtain PF registration?
No, with IndiaFilings you can complete the whole procedure online, all you need to do to submit is the documents required.
10. How is the PF registration process helpful in pension?
The PF is directly related to the employee’s pension. Apart from the employees contribution that is 12% towards the EPF, an equal amount is contributed by the employer, 8.33% from this goes towards the Employee Pension Scheme.
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