ESIC

It is a comphrensive social security scheme designed to accomplish the task of socially protecting the protecting the Employees in the organized sector against the events of sickness, maternity, disablement and death due to employment injury and to provide medical care to the insured employees and their families. The ESI scheme is self financing scheme. The ESI funds are primarily built out of contribution from Employers and Employees payable monthly at a fixed percentage of wages paid , the stat governments also contribute 1/8th share of the cost of medical benefit.

ESI is the statutory responsibility of the employer under section 2- A of the act read with regulation 10-B, to register their Factory / Establishment under the ESI act within 15 days from the date of it’s applicability to them.

Procedure for registration of an employer

The factory or establishment to which the act applies is to be registered by submitting an employer’s registration Form-01 to the concerned regional office and obtain an identification number called code number

Documents required

Documents relating to the constitution of the Factory / Firm / Establishment, evidence in support of the date of commencement of Production / Business, list of partners / Directors with their addresses, Address proof like PAN card / Passport / Voter identity card, month wise Employment position etc are the essential documents.