operate like a local in IndiaRemunance is an accredited professional employer organization for companies outside of India who wish to send their employees to India for assignments and projects or co-employ local employees. Through our widespread service networks, we extend visa documentation and relocation support. Post all legal thorough checks, we co-employ them on our roll and ensure necessary compliances and support.
This unique business model of Remunance offers you to have your own a fully functional India office with zero investment. One can say, its business incubation-in-India.
With you, we co-create a team, an infrastructure and nurture a culture for your dedicated operations team. This all without you having to go through the company registration process in India.
Are you set to incorporate your company in India? Our team of experts with help you with timely and hassle-free company formation in India.
Subsidiary incorporation of a foreign company in India has its own nuances. Being updated with the correct process in India and in your home country can ensure the timely formation and in a set budget. After registering such a company with the right authorities, we will guide you to be compliant and to avail the government benefits.
Remunance takes pride in being a tool enabled finance and accounting service provider. Our team of experts extends timely and efficient support on the tools of your choice. We are trained in a diverse portfolio of services including Bookkeeping, Accounts Payable / Receivable, monthly payroll, leave and attendance or travel claim reimbursements. Our team is hands-on on tools like Concur, SAP, Dynamix, Yardi voyager etc.
Organizations abroad keep reading about India such as the ‘ease of doing business’ ranking going up, one of the fast growing economy, its large and growing market size, large talent pool and Government taking up initiatives like - make in India. Such positive news make them think about India favorably but there is also fair bit of skepticism around way business is done in India. Not everybody know how to Conquer The Chaos as they say.
One of the time tested model has been outsourcing. Outsourcing model is good to get started quickly and might give some cost advantage for some time. But outsourcing fails if companies have a long-term strategy and wants to gather wherewithal to be successful in India. Outsourcing is also not a right strategy for companies who want more inclusiveness, more transparency in the cost of operations and more control over the operations. For serious India operations where companies want to test and try but also want to own up the operations at some stage, for them, we came out with a unique offering -INDcubate. INDcubate works for your success in India.
“I have worked with Rajendra for 14 years now and he has helped me launch two startup operations in India and to this day continues to help us stay compliant with the local laws and provides me with the peace of mind that one needs when working in an Indian context. Can't thank him enough.”
Competing in the global economy takes very careful execution as any company introduces products into and builds a team in new economies. Whether expanding into India or China or any country, having a trustworthy partner in-country like Rajendra at Remunance in India to guide your expansion efforts eliminates enormous risk and raises chances for success. Well done!
Raj and his team were nothing short of a God send for us in liaising with our team and us, providing advice and the best course of action to allow us to operate efficiently and within the law and to the benefit of our employees.”
If you are dealing with a crisis, or if you are looking for coming up with a long term strategy to grow your organization,or if you are looking to get connected to people in the industry who can genuinely share their experiences, then you are lucky if you are working with Rajendra. His ice cool demeanour, combined with strong analytical skills have helped me work my way through many a tough situation when we were launching GemStone's operations in India. His willingness to help team members out, build bonds with them and treat them well were all major contributors to our success with our operations in India. He fiscal prudence is something we relied on completely as we grew our operations in India. His ability to plan things, negotiate the best deals, entice top talent to come and work for the company were assets we could not have done without. His ability to figure out who was engaged and produtive and who wasn't, was something I used as a sounding board at all times. But above all this, I enjoyed working with him because I found him to be thoroughly professional, a good friend, and someone who is very positive in his outlook towards life. I would work with him on any assignment in a heart beat.
"We started using Remunance since 2012. Services included payroll calculation, TDS submissions, monthly financial accounts preparation, audit engagement, tax compliance, and others. Remunance high standard of service and commitment has ensured Mintel with smooth operations in India. We look forward to continue working closely for a greater success in future."
"Remunance executed STPI & Custom formalities for us with Payroll and accounting services, which were done timely. They added high value with smooth migration during our acquisition/merger process which called for Coordination. We are happy with their efficiency and thoroughness."
"India Strategy' is the necessity for an aspiring start-up like ours. Your custom-made incubation solution and network in the tech eco-system helpemed us in a BIG way - Thanks"
"Ours was a new business and we wanted a BOT vendor who is adaptive, quick learner and highly responsive. Remunance was exactly that. It was a great experience working with Remunance team."
"Incubating a new operation in a new geography is a complex task. You need operational support from somebody that possesses local knowledge and global vision. After evaluating various alternatives, we chose Remunance to set up our India operations and are really happy with our decision."
"When LoyLogic started the process, he found Remunance to be the right partner in getting us started quickly.Given that they have done it many times, they have the right knowledge, and also the right contact with the authorities and within the industries to solve any hurdles that might spring. Post incubation there services continue in back office management so that our team could focus on what is core to our business. Their team is thoroughly professional,creates a plan and provides status update regularly throughout the project."
Remunance helped Politiv to set up Business development unit in India, which is a 100% subsidiary of an Israel company. The work was done in given time and all the required registrations for setting up of the company, the RBI approvals for issue of share capital to holding company was handled efficiently and without any issues.
Remunance handled the assignment professionally and end to end. It saved our time and efforts to a great extent.
