Three Partners constituted a firm and get registered itself under Limited Liability Partnership Act in April 2012. Upto last month i.e March, 2013 the firm had 19 employees including 3 partners. 4 (Four) new employees are admitted in April 2013. Average salary of all the employees including partners is Rs. 15000/- p.m.. All the emplyees are not interested voluntarily to become the member of the EPF.
Now the questions are
1) whether the firm is liable to get itself registered under Emplyees Provident Fund Act or not ?
2) Whether the said three partners are also to be trated as employees of the concerned LLP and get themselves registered as members of EPF?
CAclubindia
