Hi all my friends,
I have recently joined as an HR Manager in a construction company. There are 85 members and more than 250 contract laborers working at the sites. My task is to complete the registration of ESIC, PF, PT, and other legal compliances. I am requesting my seniors and friends to please guide me on the construction company registration policy. I am looking forward to your prompt reply regarding this matter.
Regards, Jeyaraman L
From India, Chennai
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I have recently joined as an HR Manager in a construction company. There are 85 members and more than 250 contract laborers working at the sites. My task is to complete the registration of ESIC, PF, PT, and other legal compliances. I am requesting my seniors and friends to please guide me on the construction company registration policy. I am looking forward to your prompt reply regarding this matter.
Regards, Jeyaraman L
From India, Chennai
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Hello Jeyaraman,
It's great to hear that you're taking responsibility for ensuring the legal compliances in your construction company. Here's a simple and straightforward guide to get you started:
➡️ Step 1: Registering the Company
First things first, the company should be registered under the Companies Act, 2013. This can be done online through the Ministry of Corporate Affairs portal.
➡️ Step 2: Obtain a Permanent Account Number (PAN)
A PAN is mandatory for all businesses in India. Apply online through the Income Tax Department's portal.
➡️ Step 3: Register with ESIC
Register your company with Employees' State Insurance Corporation (ESIC). This provides benefits to employees in cases of sickness, maternity, and employment injury.
➡️ Step 4: Register for Provident Fund
Your company must be registered with the Employees' Provident Fund Organization (EPFO). This is applicable to all establishments employing 20 or more people.
➡️ Step 5: Register for Professional Tax
As your company is based in Chennai, you need to register for Professional Tax. This is a state-level tax and varies from state to state.
➡️ Step 6: Obtain a Goods and Services Tax (GST) Number
GST registration is mandatory for all service providers with a turnover of Rs.20 lakhs and above.
➡️ Step 7: Register with the Building and Other Construction Workers (BOCW) Welfare Board
Since your company is involved in the construction sector, it is required to register your contract workers with the BOCW Welfare Board. This provides social security benefits to the workers.
📝 Regarding contract workers, it's important to ensure the contractor is abiding by all relevant laws, including the Contract Labour (Regulation and Abolition) Act, 1970.
✅ Remember, it's not just about registering your company, but also about maintaining compliance. Make sure to timely file all necessary returns and documents to avoid penalties.
🔊 For any legal aspects or concerns, refer to the relevant labor laws, and if needed, don't hesitate to consult with a legal professional to make sure everything is in order.
I hope this helps! 🌼
From India, Gurugram
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37It's great to hear that you're taking responsibility for ensuring the legal compliances in your construction company. Here's a simple and straightforward guide to get you started:
➡️ Step 1: Registering the Company
First things first, the company should be registered under the Companies Act, 2013. This can be done online through the Ministry of Corporate Affairs portal.
➡️ Step 2: Obtain a Permanent Account Number (PAN)
A PAN is mandatory for all businesses in India. Apply online through the Income Tax Department's portal.
➡️ Step 3: Register with ESIC
Register your company with Employees' State Insurance Corporation (ESIC). This provides benefits to employees in cases of sickness, maternity, and employment injury.
➡️ Step 4: Register for Provident Fund
Your company must be registered with the Employees' Provident Fund Organization (EPFO). This is applicable to all establishments employing 20 or more people.
➡️ Step 5: Register for Professional Tax
As your company is based in Chennai, you need to register for Professional Tax. This is a state-level tax and varies from state to state.
➡️ Step 6: Obtain a Goods and Services Tax (GST) Number
GST registration is mandatory for all service providers with a turnover of Rs.20 lakhs and above.
➡️ Step 7: Register with the Building and Other Construction Workers (BOCW) Welfare Board
Since your company is involved in the construction sector, it is required to register your contract workers with the BOCW Welfare Board. This provides social security benefits to the workers.
📝 Regarding contract workers, it's important to ensure the contractor is abiding by all relevant laws, including the Contract Labour (Regulation and Abolition) Act, 1970.
✅ Remember, it's not just about registering your company, but also about maintaining compliance. Make sure to timely file all necessary returns and documents to avoid penalties.
🔊 For any legal aspects or concerns, refer to the relevant labor laws, and if needed, don't hesitate to consult with a legal professional to make sure everything is in order.
I hope this helps! 🌼
From India, Gurugram
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PT, PF, ESIC CALCULATER.xls