I am running a small software services company with about 15 people. Soon we would be growing over 20 employees and we need go for EPF registration.
I am thinking of following options.
Option 1 : Go now for EPF registration as `voluntary contribution (as everyone in my company is ready to contribute). Then add new people as and when they join.
Option 2 : Wait until employee strength becomes 20 and then go for EPF registration
Experts, please give your valuable guidance about which option to choose, and also let me know if I choose option 1 , then we grow more than 20 people at a later date, what do I need to do.
Appreciate your help.
I am thinking of following options.
Option 1 : Go now for EPF registration as `voluntary contribution (as everyone in my company is ready to contribute). Then add new people as and when they join.
Option 2 : Wait until employee strength becomes 20 and then go for EPF registration
Experts, please give your valuable guidance about which option to choose, and also let me know if I choose option 1 , then we grow more than 20 people at a later date, what do I need to do.
Appreciate your help.