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Employees' Provident Fund & Miscellaneous Provisions Act, 1952 is social security legislation for the future benefit of employees & their dependents, in case of unfortunate incidents occurring in the future. Every establishment which is a factory engaged in any industry in which 20 or more person is employed. EPF Registration has to be done within One month from the date of reaching 20 employees. Any delay in EPF Registration may result in a penalty. Those establishments which do not have the prescribed number of employees but willing to register themselves to provide the benefits of Provident Fund to their employees can register voluntarily with the Regional Provident Fund Office. i.e. covered voluntarily registration. This will also help to all newly started sole proprietorship firms as a proof of registration their business while open a Bank Account of firm.