Dear all members,
Can you please tell me if we have 19 employees here in a software company that was established in March? Our 11 employees' salaries are more than 15,000k (Gross salary), and the remaining 9 are getting below that amount. In these conditions, I have four questions:
1. Is it mandatory to register with ESIC as a software development company?
2. If yes, please suggest the procedures for an old company to get registered in ESI.
3. Is there any penalty for not doing it until now? If yes, how much?
4. How long will it take to get registered? Can we do it online? (Please provide formalities.)
Please inform me soon so that I can do it for the welfare of our employees.
Please reply to me soon at [Email Removed For Privacy Reasons].
Regards,