Easy India Expansion via Remunance’s International PEO Services
International Professional Employer Organization (PEO) services offer a simple, straightforward solution for overseas companies that already have professionals—freelancers, independent contractors, and consultants —working for them in India, to provide employment benefits to their resources.
Remunance as a leading PEO in India smoothens the way past legal hurdles and bureaucratic tangles, helping overseas businesses get off the ground quickly and cost-effectively—without establishing a local entity. As a reliable PEO company, Remunance, being the best international PEO firm provides all the important benefits including HR services and employee leasing services, i.e. it manages talent acquisition on your behalf if you don’t have a legal entity in India.
How The Best International PEO Transforms Global Businesses
The act of doing business involves several essential but non-core activities like talent acquisition, managing employees, payroll management, HR-related services, etc. All these come at a relatively higher cost for SMBs and are time- and effort-intensive which can be catered to only by the best international PEO firm.
Remunance’s International PEO services take on these HR-related tasks without you ceding control of your operations, processes, or performance management. In effect, a PEO agency liberates you to focus on what you do best: grow your business.
Who Can Benefit From
Remunance’s PEO Services?
Outsourcing
Using the knowledge of an external agency or third-party experts, a business organization can outsource its least critical functions at reduced costs. The external agency can choose the best associates from a larger pool of resources to complete the assigned task for you. By outsourcing human resources and non-core functions, companies can easily focus on their critical business activities and conduct their operations in response to changing needs or market conditions.
It is true that working with an external agency allows you to take off your administrative responsibilities. However, hiring outsourcing as a business model can be very risky and challenging for businesses due to the high risk of IP violation, lack of authority and direct communication over the team, and bundle rate charge.
Freelancing
Concerned about flexibility? Freelancing provides an opportunity to hire internationally without any administrative load or effort. Freelancing reduces overhead costs and ensures work flexibility as freelancers are hired as per project requirements. You can also hire freelancers with specialized skill sets and experience as per project suitability, which can be upsized or downsized as per your requirements.
However, in comparison to full-time remote employees, working with freelancers may result in work inconsistency as they have no long-term obligations. Due to the lack of long-term commitment and high attrition rate of freelancers, your ongoing or existing work can be interrupted, thereby, leading to continual talent acquisition.
Subsidiary Formation
One of the easiest ways to build a market presence and capitalize on growth opportunities can be by incorporating a subsidiary in India. The subsidiary formation will allow a high level of operational control, allowing parent corporations to coordinate and integrate subsidiary activities with overall corporate objectives.
PEO/EOR
International PEO or Employer of Record (EOR) offers all the human resources and employment-related responsibilities and helps you build collaborative remote teams in India. EOR becomes the legal employer of your remote employees in India managing their administrative functions including payroll and taxation. Overseas companies, however, retain operational control of these remote employees while an International PEO or EOR helps you hire, onboard, handle payroll, manage remote teams, and support your remote operations anywhere in India.
What Do You Get With Remunance
As Your International PEO?
01
Our team of experts in accounting, HR, laws governing employment, health/insurance benefits, expat support, taxation, and regulatory compliance
02
Full payroll processing and taxation management
03
Native understanding of the local culture, market, and employee sensitivities
04
Self-serve platform for higher transparency
05
Total control over your India team, processes, performance, and budgets
FAQs
What is International PEO?
An International PEO is a company that acts as a legal employer on behalf of a foreign company for its employees in another country while the employee continues to work for the foreign company. The International PEO agency takes care of cost-effective services for HR, payroll, benefits, and risk management. Remunance being the leading Professional Employer Organization in India goes a step further to provide extended services like time and attendance, talent acquisition (remote hiring), employee training, and performance management.
What services are offered by an International PEO?
The ideal International PEO can help you identify and employ best-fit resources (talent acquisition) and offer other HR-related services, such as payroll processing, insurance, benefits, and risk management. In short, all the services you might need to expand your business to India quickly and cost-effectively–without creating a permanent local entity in a new geography. Some International PEOs like Remunance go a step further to provide extended services like time and attendance, recruiting, employee training, and performance management.
What are the advantages of an International PEO over Outsourcing?
Choosing to hire a team in India through an International PEO versus an outsourcing agency offers the following advantages:
- The hiring process is transparent and collaborative. The team is hired based on your requirements in India, and you are involved at every step of the process
- The team is dedicated to working only for you with direct reporting and periodic interactions
- The employee policies are mutually decided by the International Professional Employer Organization services and you in order to incorporate the same company culture as your office abroad
- You get the undivided attention of a dedicated workforce and have better control over their deliverables and efficiency
- The Professional Employer Organization in India helps you test the waters before establishing your own subsidiary in India for subsequent business expansion
- The trained and experienced team, which is hired for you by the International Professional Employer Organization services can be seamlessly transferred to your own subsidiary in India at a later stage, whenever it is formed
How can the International PEO model save costs for you as a startup?
With an International PEO service, you save on company formation and registration charges and avoid annual compliance and audit charges
- You do not require in-house HR, a lawyer, CA, etc.
- You can transfer your existing staff to India or hire resources from India
- Through peo benefits, your workforce will be onboarded for you in India, and you can begin operations within days
- You get assured mandatory compliance of your staff as per Indian laws
- Your employees are covered under a group insurance policy
- Your monthly payroll, compliances, and taxation of your employees are executed through accredited professionals
- Through peo benefits, you get guidance on the required visa procedures and paperwork for the smooth processing of visa and work permits
- Accurately manage relocation expenses and reimbursements, as necessary
What is a PEO service company?
A PEO (Professional Employer Organization) service company partners with businesses to manage HR tasks like payroll, benefits, and compliance. By outsourcing these responsibilities, companies can focus on growth while ensuring legal adherence and employee satisfaction, ultimately enhancing productivity and efficiency.
Need More Support than
International PEO Services?
Remunance Employer of Record (EOR) Services may be for you.
From the Blog
PEO vs EOR: Which is Right for Your Organization?
How to Choose the Right PEO Partner?
A Complete Guideline to Choose the Best Indian PEO
Why Choose an International PEO in India?
Unlock the Benefits of Global Expansion With an International PEO
