Assistance provided by the Employer of Record begins from the onboarding process and extends up to the preparation of Form 16.

 


eor services
Onboarding new employees can be a complex process for companies, especially when it comes to ensuring compliance with legal and regulatory requirements. One such requirement is the issuance of Form 16, a document that summarizes an employee's earnings and tax deductions over the financial year. To simplify the onboarding process and ensure compliance with Form 16 issuance, many companies are turning to Employer of Record (EOR) services.

An Employer of Record is a third-party service provider that takes on the administrative responsibilities of an employer, including payroll, taxes, benefits, and compliance. EORs serve as the legal employer of a company's workers, while the company retains control over day-to-day activities, such as task assignment and performance monitoring.

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