PF Registration Chennai

Employees can benefit from the Provident Fund. It is a social security plan which helps employees save a small number of their earnings to pay for benefits in the future.

Every business must offer their employees EPF (also known as Employees Provident Fund which is like a retirement fund. PDF falls under the remit under the Employees' Provident Funds Act and the Miscellaneous Provisions Act 1952. EPF registration is required for companies with a total workforce of greater than 20. Employers can choose online PF registration through Genuine Tax. Companies can apply for registration for employee provident fund in three simple steps:

• Free consultation and filling out forms
• Join an affiliate to validate your data
• Receipt of the PF number

Eligibility to EPF registration in Indian:

To be qualified for registration with PF an organization must satisfy the following requirements:

• A manufacturing facility with an employee of at least 20 employees.
• A company which employs more than 20 people. In this case, this is how the Central Government defines the class of these firms.
• An establishment with less than 20 employees and has been informed of registration requirements for not less than two months.

Businesses that have under 20 workers (Note that these businesses must send an employee of the Provident Fund Organization within two months or less than)

The employee and employer of the establishment have to mutually consent to apply in the form of PF for the Central PF Commissioner. A notice must be submitted to the Official Gazette from the date of the agreement.

Each employee is entitled to PF at the beginning of his tenure. The obligation of PF contribution and deduction lies in that of the employer.

Documents Needed for PF Registration in India:

Any company that wants to apply for PF is required to provide the following documents that are required:

• PAN card issued by the establishment
• Certificate of incorporation
• Cross an unpaid check from the establishment
• Address evidence that is under the company's name. It could be:
• Lease agreement
• Water
• Electricity
• Telephone bill
• Signatures of directors in specimens and authorized signatories
• Electronic signatures of the applicant who is authorized to sign it.
• If a voluntary registration is made with the approval from most employees

In some cases, the foundation might also be necessary:

• First sale bill
• The first purchase bill for raw material and machines
• GST Registration Certificate
• Bank details
• The record of a monthly employee strength
• Record of wages and salaries

All you have to do is gather the required documents and then send copies of every document we receive. All the rest will be taken care of by the skilled group at Genuine Tax. From filling out the form to verification procedures along with legal requirements, we take care of everything!