Yes. Registration for EPFO and ESIC shall be mandatory for all new companies incorporated w.e.f 23rd February 2020 through SPICe+ webform and EPFO &ESIC registration numbers shall not be separately issued by the respective agencies. However, in case the company is being incorporated in an area that falls under ‘no implemented area’ for ESIC, ESIC registration shall not be applicable.

 

However, compliances are not required to be carried out in respect of EPFO and ESIC provisions until the company surpasses the threshold limit provided in EPFO and ESIC provisions.