Discover how having an Employer of Record (EOR) in India helps businesses hire employees quickly & efficiently so you can expand your business smoothly without interruption
This is a common struggle for many high growth companies due to the language barriers, cultural differences and the complex, ever-changing employment laws. Look no further than our employer of record solution.
Sit back while focus on your core business while we take care of the rest.
Got a great business idea and looking to hire employees in India? AYP Group (AYP) has got your back! Our India EOR helps you hire employees quickly and efficiently, so you can focus on your business goals.
Forget about the lengthy and expensive process of setting up a legal entity – we’ll take care of all the HR, benefits, payroll, and tax needs for the employees.
Compliance with local employment laws
Reduced hiring time and cost
Minimized legal and financial risks
Dedicated HR support and expertise
Seamless onboarding and payroll management
Access to a wider talent pool
Our process is simple and efficient. First, we hire the employee on your behalf and become their official employer.
Then, we manage all legal and administrative tasks, including payroll, taxes, benefits, and compliance.
Finally, we work closely with you to ensure a smooth and successful onboarding process.
Our solution offers complete transparency in pricing, so you know exactly what you’re paying for and can manage your workforce costs more effectively.
Our all-in-one compliance management system simplifies HR processes across jurisdictions, freeing up your time to focus on growing your business.
With our platform, you have access to local compliance experts who can guide you through the complexities of managing a distributed workforce, ensuring that you stay compliant with local laws and regulations.
Don’t let the complexities of employment laws in India slow down your business growth. Choose our employer of record solution and simplify your hiring process.
With a population of more than 1.4 billion, India is a sovereign state in South Asia. Being the second most populated country in the world and the seventh-largest nation by land area, India has a mixed economy that combines government control and private enterprise.
India’s economy comprises of different sectors. This includes manufacturing, IT, and agricultural industries. it is a significant player in the global economy.
New Delhi
Indian Rupee (INR)
Hindi
Federal Parliamentary Republic
Written contracts are not required by law in India, but they are commonly used to protect workers and employers and limit legal action. Fixed-term contracts, on the other hand, must be in writing.
Typical employment contracts in India include:
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The following are the various types of employment relationships:
1.Permanent Employment
According to India’s Industrial Relations Code (IRC) 2020, permanent employment has no fixed termination date. Statutory benefits include paid annual leave, sick leave, mandatory health insurance, gratuity pay, and a provident fund.
2. Contracts with a set term
Fixed-term contracts are typically for a set period of time under a written agreement, with a maximum term of seven years.
3. Temporary Employment
In accordance with the Model Standing Orders for Service
Maximum 8 hours a day not exceeding 48 hours a week
In accordance with the law, these are some of the national holidays in India:
Employers are required to contribute to the Employees’ Provident Fund (EPF), which is administered by the Employees’ Provident Fund Organization (EPFO). This fund provides retirement benefits for employees and is funded by contributions from both the employer and the employee.
The contribution rate is typically 12% of the employee’s salary.
Employers are required to provide health insurance for their employees through the Employees’ State Insurance Corporation (ESIC). The contribution rate for health insurance is typically shared equally between the employer and the employee.