EOR SERVICES IN INDIA

Using our EOR services in India allows you to access the opportunities of the Indian market within days while we take care of the paperwork of hiring your workforce compliantly. With a strong focus on globalisation and a relatively young population, India’s prospects are positive and full of possibilities, including a booming service sector that contributes to the economy and the industrial and agriculture industries that employ most of the population. India is the world leader in manufacturing generic drugs, while tourism and IT services significantly contribute to the economy.

But each new markets bring new challenges, and these can be worked through efficiently and cost-effectively with the support of an international Professional Employer Organisation (PEO) such as Bradford Jacobs, especially through our Employer of Record (EOR) framework. This can be best utilised when businesses are just beginning their expansion process and require more information before committing to incorporating an entity and fully establishing themselves in that market.

Why choose an EOR when expanding into India?

Our EOR services in India offer our global entity network to companies considering an expansion. We become your international employees’ Employer of Record, meaning that we take full responsibility for your employees’:

  • Labour contracts
  • Compliance with Indian laws
  • Tax contributions
  • Payroll

As an Employer Of Record, we conclude an agreement with you and the employee who will be working for your company. We become the legal employer of your new workforce. Your company maintains control over the working relationship, work ethics, tasks, and daily responsibilities of your employee.

How does an Employer of Record work in India?

Our agency in India will legally hire your selected employees while you are responsible for their day-to-day activities. We currently operate in over a hundred countries where we use local networks of experts, which allows us to gain expert knowledge of local laws and regulations and recruitment customs and trends. By partnering with us as an EOR, your company will also have access to this specialist knowledge.

Our contract with your employee is 100% compliant with Indian labour laws and includes benefits such as insurance and pensions. We can hire, onboard, and manage your new employees in India within days. Here is what we can do for you:

  • We hire your new talent compliant with Indian laws and regulations
  • We are responsible for the employment contract, HR (Human Resources), taxes, and payroll
  • We provide and arrange the required visa or work permits for India
  • Our team keeps your employee in the loop on holiday arrangements, benefits, or changes in labour laws
  • We keep you posted on Indian law changes and adapt to these changes compliantly
  • Your employees’ declarations are sent to us monthly. We will invoice you in time, and once the payment is completed, we will deduct taxes and other contributions and guarantee your employees receive their salary on time.
  • You remain in control of the daily activities and responsibilities of your employee.

What are the benefits of using EOR services in India?

The most significant benefit of using our EOR services in India is probably that there is then no necessity for you to set up an entity there. This process can take months, and during this period, it is unlikely that you will have legal resources to pay your employees in India, resulting in a considerable delay in your Global Expansion plans.

Global expansion is an exciting step that often leads to a growing and successful business, but the red tape in a new country can be demotivating and frustrating. Imagine a way to expand your business without red tape globally and at low costs: that is what working with an EOR can do for you. By letting us take care of the hard part, you can focus on the significant part: expanding your business into India.

These are the aspects we can take away from you:

  • Registering with the tax and social security office
  • Immerse yourself in the local laws, customs, and regulations
  • Get familiar with loc al labour benefits and other contract-related customs
  • Approach potential employees and make them an offer
  • Setting up the Payroll system compliantly
  • Submitting wage tax returns and national insurance forms
  • Staying up-to-date and compliant with changes in local regulations

Benefits for Employers when using EOR services in India

As an employer, you are usually responsible for all legal aspects regarding your employees’ employment. In a new country, this process will probably take some more effort, but it does not have to. We have extensive experience with Indian payroll, taxes, and other local laws and regulations at Bradford Jacobs.

We can help you with the following:

  • A tailored solution that fits your company’s needs and plans
  • Local experts that inform you about all you want to know about the Indian market
  • Providing EOR best practices on tax, treaties, expenses, and social security
  • Fast-paces and efficient hiring
  • Easy withdrawal from the market without worrying about labour contracts
  • A hassle-free start of your Indian journey within days

Benefits for Employees when using EOR services in India

Employees are the central core of your business. They keep the engine running; therefore, it is also essential to create a stable agreement that satisfies both employer and employee. As a legal employer, the EOR is responsible for keeping employees happy with the work agreement. Due to our broad network and experts, we can offer employees great benefits and a reliable, compliant employment contract.

We will make sure they enjoy the following:

  • Rapid and transparent onboarding
  • An employment contract compliant with local regulations
  • A monthly agreed salary paid on time
  • Excellent benefits such as pensions and insurance
  • A regular point of contact
  • Up-to-date information and consultation about changes in local regulations

Benefits for Contractors when using EOR services in India

Working with contractors on a project- or temporary basis can provide an excellent solution during your global expansion. At Bradford Jacobs, we have access to a vast pool of international contractors and can find you the perfect fit for your project or expansion. Since it is not allowed for a contractor to work full-time for you solely, we can always set up an EOR when necessary, providing you with a swift solution for your international workforce.

Feel free to share your plans and dreams with us so that we can find the perfect solution and provide a compliant working agreement that suits everyone.

LOOKING TO EXPAND INTO INDIA?

For more information, download our free guide or get in touch with our consultants here