What is EPF?

Employee Provident Fund is a defined benefit plan where employer and employee contribution is made after calculating the retirement benefits ahead of time.

Eligibility & Registration for EPF

Any entity that has 20 employees can obtain for Employer Identification Number (EIN Number), and in case the strength is less than 20, it can voluntarily apply for EIN. These employees include temporary workers, daily wage workers, security, housekeeping staff, contractors, temporary employees etc.

The entity must apply and receive the EPF registration certificate within 30 days of having a strength of 20 employees.

• Registration is mandatory for a factory with 20 employees or more
• Any other organization or establishment that is specified by the Central Government where it makes
• Compulsory to obtain PF registration even if the strength is less than 20
• Registered organizations continue under the purview of the Act irrespective of employee strength
• All co-operative societies continue to register themselves with a strength of more than 50 employees