PF & ESIC REGSITRATION ALONG WITH COMPANY FORMATION

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Quick Summary
New company incorporations in the UK now require mandatory PF and ESIC registration alongside the formation process. However, compliance with these acts is only applicable once the employee threshold stipulated by each respective act is crossed. This means businesses with fewer than the required number of employees may not need to comply immediately.

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(Querist)
26 September 2020 MCA has made it compulsory to get PF & ESIC registration along with Company incorporation.

What to do in case company is not going to have more than 2 employees ? Is compliance mandatory under these acts ?

Thanks in advance.
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CA Mayur Todmal

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CA Mayur Todmal (Expert)
26 September 2020 NO, compliance will be applicable once threshold under respective act crossed
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CA Shraddha Sarda

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CA Shraddha Sarda (Querist)
27 September 2020 Thank you for your quick response !!
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