This discussion addresses ESIC registration compliance for newly incorporated companies, particularly when there are no current employees or financial transactions. It clarifies that even in such cases, companies must log in, update the employee list with 'NIL' contributions, and file monthly returns indicating zero activity. The process involves selecting '0' for monthly contributions and updating relevant fields by the specified due date.
We have incorporated a newly company and we have registered under ESIC at the time of incorporation. Right now there is no transaction in our company and the employee are also around 2 employees .We just want to know what are the compliance to be followed in esic even there is no deduction of esic and employees.
18 November 2021
The employer have to login with the registered User ID and pass-code, update the list of employees covered (mention the monthly contribution as NIL) and select the monthly contribution option as '0" and update the relevant columns and file the returns.