Applicability of ESIC Compliance on New Companies

CS Divesh Goyal | Last updated: 30 December 2022

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This article clarifies ESIC compliance requirements for newly incorporated companies in India. While the AGILE PRO form mandates ESIC registration upon incorporation, actual compliance with the ESI Act typically begins once a company reaches the threshold of 10 employees (or 20 in Maharashtra). Newly registered companies can apply for a 'dormant' status for up to six months if they haven't met the employee threshold, avoiding penalties.

SHORT SUMMARY In this artilce, the author shall discuss about the compliance to de done by every Newly Incorporated Company with AGILE with ESI Act. Many questions asked by Companies and Professional in respect of ESIC Compliances like: Whether every New company is required to comply with c

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About the Author

CS Divesh Goyal

Practicing Compnay Secretary

CAREER PROFILE He is a Fellow Member of the Institute of Companies Secretaries of India having intense expertise in Corporate Law for the last 8 years. He is a young and progressive Practicing Company Secretary with zeal to dig deep into the nuances of Corporate Laws. Being a researcher at heart, he has done ... Read more

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