As a Professional Employment Organization (PEO), we specialize in offering cost effective services for HR, payroll, insurance, benefits, and risk management to foreign companies seeking business expansion to India. In fact, unlike a regular PEO, we also offer extended services like leave management, recruiting, employee training, office infrastructure and HR management.
In short, Remunance essentially takes over all non-core activities leaving foreign companies with sufficient bandwidth to focus on expanding their core business in India. Moreover, by virtue of being the Employer of Record (EOR) in India, we help companies hire a workforce and kick start their business operations in a matter of days, negating the need to infuse additional time and resources in creating a legal entity in India.
We represent customers from over 12+ different countries in India
Years of experience
Customers Ratings
We can help you hire a competent, dedicated and world class workforce in India remotely, either by working with Indian recruitment agencies or by following an indigenized version of your company’s recruitment process, giving you complete visibility of the selection and on-boarding process and negating the need for you to be physically present in India for putting a team together.
Depending on your business needs, we can either help set up an office space in an appropriate location for the India team to work out of or put together a remote working team wherein the employees would operate from their respective home locations and bring down your operational cost. In either case, we have the right solutions in place to ensure that you are able to connect and co-ordinate seamlessly with your employees in India irrespective of their physical location.
It’s no secret that hiring the right talent goes a long way in ensuring long term business success. By virtue of having a strong ecosystem connect across different industries, we are able to bring high performing world class professionals with a verified track record on board who have the required expertise and competence to spearhead your business expansion in India.
We can support your international market expansion plans by hiring dedicated remote working teams on your behalf in India in a matter of days. This would negate the need to set up an office space as well as incurring the costs associated with registering a legal entity and ensuring that it remains compliant with Indian laws.
We help you hire a high performing, world class team in India to drive your business expansion plans in the country.
We onboard your workforce for you in India and help begin your operations within days.
We ensure that your India team complies with all mandatory HR & Legal compliances as per Indian laws.
We take over all non-core activities like employees’ wage coverage, benefit programs, HR tasks, compliances, leave management, recruiting, employee training, office infrastructure etc. so that you are able to focus on expanding the core business in India.
Indcubate is a unique basket of tailor made offerings for foreign companies to help them hire a team in India and begin operations within days without setting up a legal entity. It includes solutions such as staffing, recruitment, compliance management, employee support, payroll processing, training, onboarding, recruitment support, HR policy planning, team building activities and infrastructure set-up for back-end office support which collectively take care of all non-core activities so that companies can allocate maximum time and resources to expanding their core business. Indcubate is an excellent solution for companies who want to:
In short, Indcubate is an innovative business offering aligned to assist foreign companies through a quick, cost effective & secure entry into India. Remunance has already helped more than 25 companies expand their business to India and establish themselves under its Indcubate program.
Company registration is also known as company incorporation or company formation in India. Company registration process in India is done through Ministry of Corporate Affairs. We at Remunance bring in the required expertise in forming a subsidiary of a foreign company in India. Anentity (subsidiary company) that is legally entitled and empowered tohave business operations in India. We will incorporate the subsidiary in India without any hindrance- timely and securely! We also help register the entity with all the necessary government authorities for its smooth functioning.
Under its ‘shared services’ platform, Remunance provides a diverse portfolio of services including bookkeeping, Accounts Payable / Receivable, monthly payroll, leave & attendance, travel claim reimbursements as well as accounting and taxation related support to companies across the globe. It does so by leveraging tools like Concur, SAP, Dynamix, Yardi voyager etc. The team has hands-on experience on various standard processes of expense management, purchase processing, bank payments as well as in recovering outstanding payments from its clients’ Indian customers. Remunance enjoys a robust reputation across India for its payroll processing service which was acquired by the American giant ADP in Nov 2019. It continues to provide this service to its clients using ADP’s payroll tools.
Remunance helps companies save valuable hours spent in looking into accounting, reconciliations, payments and coordination with auditors. Accounting support is provided from India using cloud based accounting softwares or ERPs. Not only does the team coordinate directly with the foreign company’s CFOs, CPAs and auditors, it also ensures that the accounting is compliant with the GAAP of the country in which the client is located.
Keeping true to its values, Remunance uses a completely transparent process while disbursing these services, giving end to end visibility to the client. The team has the capability to make the project go live in less than a month and by taking over these activities, it leaves the clients’ finance and accounting teams with additional bandwidth to analyze business trends and financial data and generate valuable insights to aid the management’s decision making process.
Once a foreign company has identified the resources that would be required to expand to a new geography and the PEO services that it would like to avail of while doing so, it can kick start its business operations in 24 hours.
Foreign companies can set up a permanent entity in India in the form of a subsidiary. For all practical purposes, the subsidiary or the branch office will be treated as a local company in India and will have to comply with all local regulations and compliances.
All local regulations and compliances that are applicable to any Indian company are also applicable to foreign companies having a branch office or a subsidiary in India.
Indcubate
Subsidiary Formation