EPF Registration and Compliances

EPF Registration and Compliances

The Employee Provident Fund (EPF) is a retirement benefit scheme offered by organisations to their employees. Get expert assistance from the trained professionals at TaxMyles for complete support with EPF registration and compliance.

  • Efficient handling of all documentation and formalities
  • Expert guidance for accurate filing of the EPF registration form
  • Simplified calculation and management of EPF contributions
  • Timely filing of monthly EPF returns online
  • Dedicated support team to assist with registration and compliance queries

Choose TaxMyles for a seamless and reliable EPF registration experience.

Overview of EPF Registration and Compliances

The Employees’ Provident Fund (EPF) is a government-backed savings scheme that ensures financial security and retirement benefits for employees. Both the employer and employee contribute a portion of the salary to the fund, which grows over time with interest.

Managed by the Employees’ Provident Fund Organisation (EPFO), one of the world’s largest social security bodies, the EPF is governed by the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.

Procedure for EPF Registration

  1. Visit EPFO Website – Click on “Establishment Registration” on the homepage.
  2. Sign Up on USSP – Create an account on the Unified Shram Suvidha Portal (USSP).
  3. Login and Apply – Log in, select “Registration for EPFO-ESIC,” and choose “Employees’ Provident Fund and Miscellaneous Provisions Act, 1952.”
  4. Fill the Registration Form – Complete the form accurately and submit it after review.
  5. Upload Digital Signature – Attach the employer’s Digital Signature Certificate (DSC) to complete the process.

After successful registration, a confirmation email will be sent from the Unified Shram Suvidha Platform.

Documents Required for EPF Registration

For EPF Registration, the required documents are:

  1. Business Registration Proof (Certificate of Incorporation or Partnership Deed).
  2. Business Address Proof (Rent agreement + Utility bill).
  3. PAN Card of the business.
  4. Employee Details (List of employees with salary, Aadhaar, and Bank details).
  5. Bank Account Details (Cancelled cheque or bank statement).
  6. GST Registration (if applicable).
  7. Director/Signatory PAN & Aadhaar.
  8. EPF Registration Form (Form 5A).

These documents are needed for EPF registration via the EPFO portal.

EPF Compliances

Once your Employee Provident Fund (EPF) registration is complete, there are several key compliances that need to be followed:

  1. Employee Attendance and Wages Register
    Maintain a record of employee attendance and wages to comply with EPF regulations.
  2. EPF Contributions
    Ensure timely contributions from both the employer and employee into the EPF account every month, as per the prescribed percentage.
  3. Filing Monthly EPF Returns
    File monthly returns with EPFO (Employees’ Provident Fund Organisation) by submitting the EPF challans and return forms within the deadlines.
  4. EPF Account Management
    Maintain and update individual EPF accounts for employees, including contributions and adjustments.
  5. Annual Returns Filing
    File annual returns and necessary documents as required by the EPFO.
  6. Audit and Compliance Checks
    Ensure that all EPF contributions and records are accurately maintained and audited regularly to avoid penalties.
  7. Issue of EPF Passbook
    Ensure employees have access to their EPF passbooks, which detail the contributions made to their account.

Why Choose TaxMyles for EPF Registration and Compliances?

  • Expert Assistance – Get step-by-step guidance from experienced professionals.
  • Seamless Registration – We ensure quick and hassle-free EPF registration.
  • Accurate Documentation – Complete support for filling forms and managing documents correctly.
  • Timely Compliance – We help you stay compliant with EPFO deadlines and requirements.
  • Dedicated Support – Our team is always available to resolve any registration or compliance queries.

Trust TaxMyles for smooth, efficient, and reliable EPF registration services.