Registration with Social Security Fund (SSF) in Nepal
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Social Security Fund (SSF) Registration in Nepal: A Complete Guide
The Social Security Fund (SSF) in Nepal, governed by the Social Security Act of 2018 (2075), mandates the registration of both employers and employees. This initiative aims to provide social security benefits to workers and ensure compliance with labor laws. Below is a step-by-step guide to the registration process, required documents, contribution rates, and more.
Who Needs to Register with the Social Security Fund (SSF)?
In Nepal, all employers and employees, whether part of the formal or informal workforce, must register with the Social Security Fund. The requirement applies universally to all sectors and industries, as outlined in the Nepal Gazette.
How to Register for the Social Security Fund in Nepal
The registration process involves two stages: employer registration followed by the registration of employees. Here’s a detailed breakdown:
Employer Registration
Employers must first submit an online application form in the prescribed format. Upon successful completion, a certificate of registration is issued within two working days.
Employee Registration
Once registered, employers are responsible for registering their employees. Employee registration must be completed within three months of their hiring or establishment of an employment relationship.
Documents Required for SSF Registration
Both employers and employees must provide specific documents during the registration process. All documents are submitted online.
Employer Registration Documents
- Company Registration Certificate
- PAN/VAT Certificate
- Employer’s Details
- Completed Online Application Form
Employee Registration Documents
- Personal Details of the Employee
- National ID Card / Citizenship Certificate / PAN Certificate / Passport
- Passport-size Photograph
What is the Contribution Rate to the Social Security Fund (SSF)?
Contributions to the SSF are shared between employers and employees, calculated as a percentage of the employee’s basic salary:
- Employee Contribution: 11% of basic salary
- Employer Contribution: 20% of basic salary
- Total Contribution: 31% of basic salary (11% employee + 20% employer)
Breakdown of SSF Contributions
| Benefit | Employer Contribution | Employee Contribution |
|---|---|---|
| Provident Fund | 10% | 10% |
| Gratuity | 8.33% | - |
| Medical Insurance | 1.67% | - |
| Social Security Tax | - | 1% |
| Total | 20% | 11% |
Is There Any Fee for SSF Registration?
SSF registration is free of cost for both employers and employees.
What Was the SSF Registration Deadline?
The official deadline for SSF registration was October 17, 2019 (Ashoj 30, 2076 B.S.). However, registration remains open, and newly established businesses must register as soon as they commence operations.
Disclaimer:
This content is intended for informational purposes only and does not constitute legal advice. FinLex Associates retains all rights to this material.
