Entrepreneurship

Is It Mandatory to Register a Company as Pvt. Ltd to Implement ESI?

Is It Mandatory to Register a Company as Pvt. Ltd to Implement ESI?

Employees’ State Insurance (ESI) is applicable to non-seasonal factories employing 10 or more persons.

 

This Scheme has been extended to shops, hotels, and restaurants, cinemas including preview theatres, road-motor transport undertakings and newspaper establishments employing 10 or more persons.

 

Further, the Scheme has been extended to Private Medical and Educational institutions employing 10 or more persons in most of the States/UTs. In Goa state, ESI Scheme is yet to be notified to Private Medical and Educational institutions.

 

However, there are no specific requirements with respect to the type of Business Entity. The only condition is to have an entity or organization having legal existence.

 

About EbizFiling.com :

 

EbizFiling.com is a motivated and progressive concept conceived by like-minded people, which helps small, medium and large businesses to fulfill all compliance requirements of Indian Laws.

 

Get in touch for a free consultation on info@ebizfiling.com or call 9643203209.

Ishita Ramani

Ishita Ramani is a young woman entrepreneur and currently the Operations Director at Ebizfiling India Private Limited. In her entire career so far, she has led a team of 50+ professionals like CA, CS, MBAs and retired bankers. Apart from her individual experience on almost every facet of Indian Statutory Compliances, she has been instrumental in setting up operations at Ebizfiling.com! Read about her journey at- https://www.greatcompanies.in/post/ishita-ramani-operation-director-at-ebizfiling-india-pvt-ltd

Leave a Comment

Recent Posts

Revamped ECR System FAQs for Employers

Revamped ECR System FAQs for Employers  Overview    The EPFO has recently upgraded its monthly PF filing process with the revamped…

12 hours ago

Compliance Requirement for Display of EPFO Form 5A Extract

Compliance Requirement for Display of EPFO Form 5A Extract  To Begin  When it comes to EPFO compliance, some requirements are…

13 hours ago

PF Registration for New Companies Guide

PF Registration vs PF Compliance: A Story Every Founder Should Hear    A few days after incorporating a new Private Limited…

14 hours ago

ESIC Nil Return for New Companies: Myths vs Reality

ESIC Nil Return for New Companies: Myths vs Reality Introduction When a newly registered Private Limited Company receives an ESIC…

15 hours ago

India’s New Labour Code Reforms 2025: What Employers and Employees Must Know

India’s New Labour Code Reforms 2025: What Employers and Employees Must Know  Introduction India has entered a new phase of…

1 week ago

RBI Increases Export Realization Period from 9 to 15 Months: Key Changes for Exporters

RBI Increases Export Realization Period from 9 to 15 Months: Key Changes for Exporters  Overview The Reserve Bank of India…

2 weeks ago