EPF Registration

Employees’ Provident Fund is a social security scheme that helps employees save a small portion of their salary for future benefits.

Every company has to offer its employees an EPF online or Employees Provident Fund which is akin to a retirement fund. Provident fund registration online comes under the purview of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. EPF registration process is mandatory for organizations with total employee strength more than 20. Such employers can opt for online PF registration from Companies can register for employee provident fund, in 3 easy steps:

  • Free consultation and form filling
  • Connect with a dedicated affiliate for data validation
  • Receipt of PF online number

Why Get EPF Online Registration For Employer ?

PF Registration is mandatory for all the organizations that have 20 or more employees. Such organizations are required to contribute a fixed amount towards Employee Provident Fund out of employee salary and wages.

If an employer fails to get EPF employer registration, or indulges in false representation of facts to avoid PF payment, he shall be liable for a penalty of INR 5,000/-.

What Is the PF Number Format ?

PF number looks like this:- MH/BAN/0001011/000/0000110. Here are the components in the PF number format:-

  • MH: These are 1st 2 characters representing Regional Office code (e.g. MH for Maharashtra)
  • BAN: Next 3 characters denote code of Regional Office / Sub-regional Office [e.g. BAN for Bandra (Mumbai-I) EPF office]
  • 0001011: Next 7 digits depict EPF employer registration code
  • 000: Successive 3 digits tell the extension assigned to the employer (if it’s 000 then extension is blank).
  • 0000110: Final 7 digits denote exact EPF account number of the employee

What Details Do I Need To Give For PF Registrstion ?

Employers need to furnish the following details to get PF registration.

  • Name & address of your company
  • Head office & branch details
  • Date of company incorporation
  • Total employee strength
  • Type of business activity
  • Nature of business.
  • Director/partners’ details
  • Employee’s Basic details
  • Employees’ salary details
  • Bank account details of the company
  • PAN card

What Do We Mean By UAN Number ?

Universal Account Number (UAN) refers to the unique 12 digit number allotted to the employee. UAN Number records employee pf deposited amount and other relevant information which shall continue throughout the employment period and after retirement also. The same can be obtained only through employer EPF registration code.

Who Applies For UAN Number Registration ?

The Employer can generate the employee’s UAN. In the event of change of employment, the previous PF UAN number registration shall be linked to the next employer. Employee needs not to get a fresh EPF UAN registration.

What is PF Return Filing Procedure ?
FAQs

Frequently Asks Questions

All the employers who have obtained PF registration are required to do PF return filing on monthly basis. The PF returns are to be filed by the 15th of each month on the unified portal.
The employer and the employee both have to both contribute 12% of the basic salary of the employee in the EPF account.
If the member has more than EPF member ID i.e EPF account and the EPF account of accounts have not been transferred to the latest EPF account, then the member is required to get the PF transferred into the current EPF account

Offline transfer of the PF may be done only if the transfer from an exempted establishment to another exempted establishment. For other cases, it can be made online.

If a member more than one EPF member ID and the EPF account has not been transferred to the latest EPF account then the member is required to get the PF transferred into his current EPF account.

The due date for Monthly Challan remittance to the Bank for PF is the 15th of every month.

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