If you’re a startup or a foreign SME planning international market expansion, there’s a high chance that you’re considering hiring international contractors in order to either test these new markets before planning a full-blown expansion or to execute a one-time project. While this makes a lot of sense, it is imperative for you to understand the implications of hiring contractors in a foreign country as … Continue reading Switching Contractors to PEO
India has proved itself to be a fast-growing economy, generating a thriving hive mind of ideas, innovation, and enterprises. Moreover, the government’s initiatives like Make in India, Digital India, and others are providing spirited entrepreneurs the opportunities to develop whatever idea they want to build upon. Against this backdrop, India is a gold mine of business expansion and company subsidiary formation. If you operate a … Continue reading 5 Must Know Business Compliance Laws in India
If you have ever considered expanding your business to a new country, you might have heard of “International PEO”. Don’t worry if you haven’t, because we have got you covered. International PEO is a process to easily hire talent from anywhere in the world without having to set up a subsidiary in that country. The best part? You don’t have to deal with all the … Continue reading What is International PEO?
Renowned economists Laurie Bassi and Dan McMurrer expressed that businesses that use PEOs grow 7%-9% faster. They have 10%-14% lower employee turnover and are 50% likely to go out of business. Engaging with a Professional Employer Organization (PEO)/ Employer of Record (EOR) has its unique benefits. Like it will give you better control over team selection, work allocation, and cost. They will act as the … Continue reading PEO BETTER ALTERNATIVE TO OUTSOURCING
The world is getting flat and companies know going global is the mantra forward! Whether you are an ambitious company looking to depute your trusted resource (expatriate) in India for market understanding/ project execution or you wish to start your India operations by hiring local resources, Remunance is your perfect hand-holder in this transition process. Remunance is a licensed professional employer of record (PEO) for client’s staff … Continue reading PEO FOR EXPATS IN INDIA
EOR (Employer of record) in India is the most suitable setup for any foreign company that wishes to start its business operation in India without forming a subsidiary. EOR becomes the legal employer of the Indian staff or the transferred expats of the foreign entity’s team in India. Employer of record also takes care of all compliances of the team, payroll processes, tax computations, employee … Continue reading WHAT IS EOR (EMPLOYER OF RECORD) IN INDIA?