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

7 Things to Know About US Beneficial Ownership Information (BOI) Reporting

 7 Things to Know About US Beneficial Ownership Information (BOI) Reporting  Introduction US Beneficial Ownership Information (BOI) reporting has reshaped…

23 mins ago

Skills bookkeepers should learn beyond accounting in 2026

Skills bookkeepers should learn beyond accounting in 2026  Introduction To start with, for a long time, bookkeeping meant just one…

44 mins ago

Best Accounting Plus Compliance Software For Small Firms

Best Accounting Plus Compliance Software For Small Firms  To start with, Small firms today handle far more than basic accounting.…

1 hour ago

Should Accountants offer Advisory on Company Compliance?

Should Accountants offer Advisory on Company Compliance?  Lets Be Honest, This question comes up more often now than ever before.…

2 hours ago

Why Investment Advisors Should Guide Clients On Company Registration?

Why Investment Advisors Should Guide Clients On Company Registration?  To start with, Many clients approach investment advisors when they already…

3 hours ago

Best Compliance Tools for Financial Advisors this Year

Best Compliance Tools for Financial Advisors this Year  Introduction Financial advisors today manage much more than portfolios and returns. They…

4 hours ago