When is EPF registration mandatory?
EPF registration is mandatory for establishments with 20 or more employees. However, voluntary registration is possible for establishments with fewer employees.
What is the EPF contribution rate?
The current EPF contribution rate is 12% of basic salary from both employer and employee. The employer's contribution is split into 3.67% for EPF and 8.33% for EPS.
How long does EPF registration take?
The registration process typically takes 15-20 working days after submission of all required documents.
Can a company with fewer than 20 employees register for EPF?
Yes, voluntary registration is allowed for companies with fewer employees to offer social security benefits.