I am an HR Manager currently in the Wellness industry (Spa and Salon Business). In my previous roles, I have observed that most companies are required to maintain a Notice Board where they display general and statutory information about the company, such as incorporation dates, outcomes of Board meetings, company statements, and maintain books of records for any official visit to the premises by any Statutory Official (e.g., ESIC Inspector).
Understanding Statutory Compliance for Pvt. Ltd. Firms in the Wellness Industry
I would like to understand the following:
1. For a Pvt. Ltd. firm in the Wellness vertical, what statutory compliance factors need to be adhered to?
2. Are there any books of records that need to be maintained?
3. Since the business depends on the sale of quality services provided, how should the working hours and leave entitlements be structured?
I request you to kindly assist me with the details or point me in the right direction.
Warm Regards,
Arun M
From India, Mumbai
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Understanding Statutory Compliance for Pvt. Ltd. Firms in the Wellness Industry
I would like to understand the following:
1. For a Pvt. Ltd. firm in the Wellness vertical, what statutory compliance factors need to be adhered to?
2. Are there any books of records that need to be maintained?
3. Since the business depends on the sale of quality services provided, how should the working hours and leave entitlements be structured?
I request you to kindly assist me with the details or point me in the right direction.
Warm Regards,
Arun M
From India, Mumbai
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You have to apply for a shop act license to run the spa. As far as labor laws are concerned, the rest of the laws are statutorily applicable once the number of employees exceeds 10. You can maintain the attendance register, wage register, and wage slip of the employees, where hours of work will be recorded. You need to display the shop act license in a prominent location. In Maharashtra, you are required to have the name board in Marathi as well. The hours of work and leaves can be decided by you based on your work requirements, and you can keep rotational shifts and holidays, with one weekly off being a must. The salary has to be as per the Minimum Wages Act for skilled and other categories. You can maintain a leave register for all the employees. If you communicate the number of your employees, we can provide the list of statutory obligations applicable to your spa.
Regards
From India, Pune
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66Regards
From India, Pune
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Labr laws for Vendor compliance Management.pdf
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