Is a Labor License Necessary for My Small Software Company? Seeking Advice!

Hi, I have opened a software company and have a staff of 25 people. My CA has suggested opening a PF for the employees, and they mentioned that we need to apply to the labor department first. Is it really compulsory for any software company to have a labor license? Please help me out.

It would be better for you to register under the Shops and Establishment Act and also register for PF.

Regards,

Hi Guys, I have opened a software company and have a staff of 25 people. My CA has suggested opening a PF for the employees, and they mentioned that we need to apply to the labor department first. Is it really compulsory for any software company to have a labor license? Please help me out.

Registration and Compliance Requirements

Get registered under the concerned Shop & Commercial Establishment Act. Obtain a PF code from the PF department and start compliance; otherwise, it may result in high costs, with forced deposits for damages and interest on the accrued amount.

Hi, you don't require a labor license or any registration under Shops & Est. Initially, you should get registered as a private limited company (Incorporation) and register under EPF.