ESI Registration
Expert Assistance for ESI Registration
Employee State Insurance (ESI) registration is a mandatory compliance requirement for businesses in India, regulated by the Employee State Insurance Corporation (ESIC). The ESI scheme offers healthcare and financial security to employees earning up to a specified monthly wage, along with benefits for their dependents.
Who Needs ESI Registration?
✔ Businesses with 10+ employees (in some states, the threshold is 20)
✔ Factories, manufacturing units, restaurants, hotels, educational institutions, hospitals, etc.
✔ Employees earning up to ₹21,000 per month (₹25,000 for disabled employees).
Benefits of ESI Registration
✅ Medical Benefits – Full healthcare coverage for employees and their families
✅ Maternity Benefits – Paid leave for pregnancy and postnatal care
✅ Disability Benefits – Compensation for temporary or permanent disabilities
✅ Sickness Benefits – Paid leave during medical recovery
✅ Dependant Benefits – Financial aid to family members in case of employee death
✅ Unemployment Allowance – Financial support for job loss due to disability
Eligibility criteria for ESI registration
1. Company Limited by Shares
- The most common type of private limited company.
- Shareholders’ liability is restricted to the amount unpaid on their shares.
- The company’s capital is divided into shares, and members are only liable for their subscribed shares.
2. Company Limited by Guarantee
- Members’ liability is limited to the guarantee amount mentioned in the Memorandum of Association (MOA).
- The guarantee is applicable only if the company is wound up.
- Commonly used for non-profit organizations, clubs, or charitable trusts.
3. Unlimited Company
- No limit on members’ liability, meaning personal assets can be used to cover company debts.
- Despite unlimited liability, the company is still considered a separate legal entity.
- Rarely used due to the high financial risk involved.
Documents Required for Private Limited Company Registration
