Online registration of units through MCA portal for ESI registration and inspection of units



Quick Summary
Newly incorporated companies registering via the MCA portal are automatically assigned an ESIC registration number. However, these companies are granted a six-month grace period from their incorporation date, or until they exceed specific employee thresholds, before mandatory ESI Act compliance begins. During this period, companies can opt to set their status to 'dormant' on the ESIC website. This 'dormant' status must be renewed every six months if the company still does not meet the ESI Act's coverage thresholds, otherwise, ESI registration will automatically activate, requiring full compliance.

Newly incorporated Public Limited, Private Limited and One Person Companies registered with effect from February 15, 2020 [Companies] are being allotted ESIC registration number by default at the time of its incorporation. Once these Companies are registered under Employee State Insurance Act, 1948
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About the Author

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Why Affluence Advisory for any Tax Compliance services? Affluence Advisory Pvt Ltdis a multi-disciplinary consulting and compliance firm that is managed by a specialized team of Chartered Accountants, Company Secretaries, Corporate Lawyers, and Other Professionals who are committed to providing a quality experience ... Read more

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