Why your company needs an employer of record in India? Why your company needs an employer of record in India?
An Employer of Record (EOR) is a service that employs an individual to be the "employer of record" on behalf of a number of other companies.
If you have an overseas presence, employing staff in India is a tax and legal nightmare.
An employer of record in India will provide administrative services, insurance and benefits, HR support and compliance, payroll, worker's compensation coverage, and administration.
Why should you consider an EOR service provider?
Apart from the legal and tax obligations, there are other concerns that you need to consider when considering EOR services. You will get the best service and support when using an experienced global EOR firm.
A good global EOR firm will provide you with all the necessary legal documents and compliance processes, including translations and any other form of assistance that is needed for your business in India.
It's important that your service provider has extensive experience in Indian EOR and understands the Indian legal system and how to ensure legal compliance.
An experienced India employer of record will be able to provide you with more insights about other legal obligations. These may cover areas like the right documents required for starting a business in India, hiring employees in India, or even lease agreements with commercial landlords.
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