An Employer of Record (EOR) in India is a third-party service provider that legally employs workers on behalf of another company, often in cases where the company itself does not have a registered presence or entity in India. The EOR handles all administrative, legal, and compliance aspects of employment, providing comprehensive EOR solutions. Meanwhile, the hiring company maintains control over the day-to-day tasks and responsibilities of the employee.
The EOR model is ideal for international companies, including startups, small, and medium-sized businesses, looking to expand into India or hire talent in India without establishing a local subsidiary or branch office. The Employer of Record India takes on the role of the “official” employer, while the foreign company manages the employee’s work and performance, ensuring a seamless and compliant expansion.
Under an EOR arrangement, TMS will Onboard the client’s employees onto it’s own payrolls and act as the legal employer for these employees in that specific region.
TMS will also perform these following activities as an EOR Partner to the client:-
Payroll Management: TMS oversees the entire payroll process, handling salary disbursements, tax deductions, and benefits administration. This ensures precise and timely payments to employees.
Compliance Management: TMS verifies that all legal and tax obligations are met, adhering to local and national standards, including labor laws and tax responsibilities.
HR Administration: TMS handles various HR functions like onboarding, payroll, leave management, compliance, and exit formalities. As part of our Employer of Record (EOR) solutions, TMS acts as the contact point for employee queries.
Contractual Flexibility: We offer flexibility for startups, small, and medium-sized businesses, allowing them to hire on a short-term or project basis without long-term commitments.
Risk Management: By outsourcing employment-related legal tasks to TMS, client companies can reduce potential legal and financial risks through our expertise.
Global Expansion: TMS facilitates market entry without legal setup. Our Global Employer of Record (EOR) services and EOR services in India enhance agility and cost-effectiveness, enabling businesses to prioritize core operations and growth.
India has a comprehensive set of labor laws, which are often complex and vary across states. Some of the important aspects that an EOR must comply with when hiring employees in India include:
Provident Fund (PF): Contributions to the Employees’ Provident Fund (EPF) are mandatory for most employees.
Gratuity: Employees are entitled to gratuity after five years of continuous service.
Paid Leave: Employees are entitled to annual leave, sick leave, and other statutory leave entitlements.
Bonus: Some employees are entitled to a statutory bonus under the Payment of Bonus Act, 1965.
Faster Market Entry: Setting up a local entity in India can be time-consuming and costly. EOR solutions allow companies to hire employees in India quickly without having to set up a subsidiary or branch.
Reduced Legal Risk: India’s labor laws are complex and can vary significantly by state. EOR solutions ensure compliance with all local regulations, thus minimizing the risk of legal disputes.
Cost-Effective: Establishing a local entity requires substantial resources, including office space, HR personnel, and legal support. Using EOR services in India allows companies to avoid these expenses.
Focus on Core Operations: Companies can focus on growing their business, managing employees’ work, and expanding their operations, while the EOR handles administrative functions such as payroll, taxes, and legal compliance.
Scalability: If a company needs to scale its workforce in India, the EOR can help by quickly onboarding new employees without the need for a legal entity or complex administrative overhead.
Global Expansion: For companies looking to expand globally, a Global Employer of Record (EOR) can help manage employees across multiple countries, including India, with a single point of contact for all legal and administrative needs.
We act as your local representative, managing legal compliance, payroll, and HR responsibilities. With our expertise, you can expand your workforce without worrying about legal procedures. Whether you need short-term or long-term staff, we follow local laws and regulations, ensuring your team operates without any hurdles when you choose Employer of Record (EOR) provider in India.
Presenting a thrilling list of countries where TMS Employer of Record (EOR) Services are available in Asia
And the journey doesn’t stop there!
This list will continue expanding with time, unveiling even more opportunities for your business!
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We have global presence & we are serving clients from more than 20+ Countries.
We have created a reputation for delivering 100% Statutory Compliance.
We are a leading HR Service Provider in India by employing over 10000+ Employees in 100+ Locations PAN India.
Our Operation is supported by Dedicated HR Team who support your employees by resolving their HR queries throughout their Lifecycle Stage.
We have the best technology of HRMS available for supporting the operations of our clients who are operating from outside India.
We support our clients in setting up their company in India with necessary Registrations, IT & Infrastructure.
We have global presence & we are serving clients from more than 20+ Countries.
We are leading HR Service Provider employing over 10000+ Employees.
Our Operation is supported by Dedicated HR Team who support your employees by resolving their HR queries throughout their Lifecycle Stage.
We have the best technology of HRMS available for supporting the operations of our clients.
We support our clients in setting up their company in India with necessary Registrations, IT & Infrastructure.
“We used TMS EOR to enter multiple countries in Asia without having to go through the hassle of registering a company in each of the countries. TMS EOR helped us Hire & Manage employees in multiple Asian countries with minimal hassles.”
BEID Healthcare
Team Management Services (TMS) stands as your reliable partner in the pursuit of success. Whether you’re a startup or an SME, with us, your dreams and challenges meet with innovative solutions. Our EOR solutions ensure that your business endeavors are not just met but exceeded.
Yes, you can transfer the employees under TMS’s Payroll while you are operating from outside India through our EOR / PEO Services.
Yes, TMS verifies that all legal and tax obligations related to employment are fulfilled, adhering to both local and national standards. We also encompass strict adherence to labor laws, employment regulations, and tax responsibilities.
Yes, TMS can support Company Registrations & help you avail compliance registrations as well which are required for a company, according to the applicable State Laws.
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