The Employees' Provident Funds and Miscellaneous Provisions Act, 1952 CLOSURE OF PF CODE: • If the establishment is planning to surrender the EPF code, they have to submit a Closure Report in the prescribed format along with the supporting documents i.e., Bank statement for the last 6 months and surrender of any Govt. licenses, ESIC, Cancellation of rental agreement (if the establishment functioning in rental building), Deed of dissolution of partnership, if any. • This has to be done promptly, so that the establishment is not flagged as non-complying establishment. • Even if there are no eligible employees for making PF contributions and the establishment wants to keep the EPF Code, they are directed to pay Rs.75/- per month as the prescribed minimum Administrative Charges in A/c.No.2 through Payments-> ECR/RETURN filing -> Direct Challan -> Challan Entry -> Select Administrative/inspection charges challan under establishment portal. Get in touch today! Corpmaxx Consultees Labour Law Consultant PF Consultants in Mumbai, Navi Mumbai and Thane | Tax Consultants in Mumbai, Navi Mumbai and Thane | ESIC Consultants in Mumbai, Navi Mumbai and Thane | Shop Establishment Consultants in Mumbai, Navi Mumbai and Thane | Labour Law Consultants in Mumbai, Navi Mumbai and Thane | Labour Licence Consultants in Mumbai, Navi Mumbai and Thane | Professional Tax Consultants in Mumbai, Navi Mumbai and Thane | Shop Act Registration in Mumbai, Navi Mumbai and Thane | Compliance Consultants in Mumbai, Navi Mumbai and Thane | Statutory Compliance Consultants in Mumbai, Navi Mumbai and Thane | MLWF Consultants in Mumbai, Navi Mumbai and Thane | Factory Licence Consultants in Mumbai, Navi Mumbai and Thane Service Areas: Parel, Dadar, Ghatkopar, Vikhroli, Kanjur Marg, Powai, Bhandup, Nahur, Mulund, Thane, Taloja, Wagle Estate, Bhiwandi, Dombivli, Kalyan, Ambernath, Badlapur, Atgaon, Lower Parel, Prabhadevi, Bandra, SantaCruz, Vile Parle, Andheri, Marol-Andheri, Sakinaka, Kandivali, Borivali, Vasai Road, Virar. Chembur, Vashi, Nerul, Belapur CBD, Kharghar, Panvel, Airoli, Rabale, Mahape, Turbhe, Virar, Palghar, Boisar. 14-03-2024