Generally, any business with 20 or more employees is required to register for PF. However, even companies with fewer employees can register voluntarily. Employees earning up to a certain threshold are usually covered under the scheme.

For the business, you’ll typically need the business PAN card, address proof, and registration/incorporation certificate. For employees, details like name, address, date of joining, salary information, and Aadhar and PAN details are usually required.

The process generally involves obtaining a Digital Signature Certificate (DSC), gathering all necessary business and employee information, registering the establishment on the EPFO portal, receiving an establishment code, and employees receiving their Universal Account Numbers (UANs).

PF registration provides employees with financial security upon retirement, offers tax benefits on contributions, facilitates access to loan facilities, and makes them eligible for pension schemes.

Yes, it is mandatory for establishments with 20 or more employees. Non-compliance can lead to penalties.