Top EOR companies in India and their services

Introduction: Unlocking Seamless Workforce Management Solutions

Expanding your business into a new market comes with many challenges, especially in a country like India This is where Employer of Record (EOR) services step in, offering a seamless way to manage these complexities.

Whether hiring one person or building a remote team, EOR companies in India can handle everything from payroll processing to local compliance, allowing you to focus on growing your business.

Overview of the Employer of Record (EOR) Model

EOR companies in India handle everything from onboarding to compliance with local labor laws, ensuring that your employees are fully integrated into the local workforce without you having to deal with the paperwork.

For businesses looking to hire remotely, this model offers a cost-effective solution. 

Importance of EOR Services for Companies Expanding into India

India is one of the fastest-growing talent markets. However, the complexities of local labor laws, tax requirements, and employee benefits can create significant barriers. EOR companies in India simplify these challenges by ensuring your business complies with local regulations.

Whether it’s processing payroll, managing benefits, or ensuring compliance with India’s labor laws, an EOR gives you a hassle-free experience. This service is ideal for businesses that want to enter the Indian market quickly without making a long-term commitment to setting up an entire legal presence.

Now that you understand the role of an EOR let’s explore the top EOR companies in India and how they can support your business expansion.

Top EOR Companies in India

Finding the right Employer of Record (EOR) service is crucial when expanding your business into India. In 2024, several EOR providers stand out for their ability to handle these challenges efficiently.

We’ve compiled a list of the top EOR companies in India, offering various services to help businesses hire and manage remote teams. 

Let’s explore what makes these providers the best in the industry.

Overview of Wisemonk: Your Premier EOR Service Provider

When expanding into India, choosing the right EOR company is crucial. Wisemonk EOR stands out as one of the top EOR companies in India, offering businesses a seamless experience in managing remote teams. With expertise in handling complex legal, payroll, and compliance needs, Wisemonk ensures that your workforce is managed efficiently, allowing you to focus on growth.

Key Features of Wisemonk’s EOR Services

Wisemonk specializes in various EOR services. Companies can rely on Wisemonk EOR to manage complex compliance with local labor laws, tax regulations, and employee rights, minimizing the administrative burden.

• Legal compliance with Indian labor laws.
• Contract management and adherence to company policies.
• Payroll processing, benefits administration, and HR functions.

Unique Selling Points 

What sets Wisemonk EOR apart from other EOR companies in India is its commitment to offering scalable, flexible solutions that meet each business’s unique needs. 

• Scalability: Services tailored for businesses of all sizes.
• Flexibility: Adaptable solutions to match evolving workforce needs.
• Local expertise: Deep understanding of India’s labor regulations and tax structures.
• End-to-end support: Wisemonk manages the entire employee lifecycle from onboarding to offboarding.

Key Industries Served

Wisemonk EOR serves diverse industries, offering specialized support for companies looking to hire in India.

• Tech and IT: Helping tech firms source and manage highly skilled talent.
• Consulting: Streamlining workforce management for consulting firms entering India.
• Startups: Providing scalable solutions for fast-growing businesses.
• Manufacturing: Ensuring compliance with labor and equipment regulations.

Overview of Deel 

Deel stands out among EOR companies in India, offering global solutions tailored for remote teams. Its user-friendly platform makes onboarding and managing employees across borders a breeze.

Key Features of Deel’s Global EOR Services

Deel simplifies global expansion by acting as your Employer of Record. Deel’s expertise allows companies to focus on growth while they take care of the rest.

• Global payroll and tax compliance.
• Employment contract management.
• Benefits administration for global teams.

Unique Selling Points 

Deel’s strength lies in its robust global infrastructure, which offers unmatched international compliance and payroll expertise.

• Seamless platform: Manage everything from one place.
• Global reach: Expertise in handling international teams.
• Compliance focus: Ensures payroll and labor law adherence.

Key Industries Served

Deel’s services are used across various industries, making them the ideal choice for companies looking to expand globally. 

• Tech: Helping tech firms with global talent acquisition.
• Startups: Assisting startups in expanding without legal risks.
• Professional services: Streamlining global hiring for consultancies

Overview of Velocity Global

Velocity Global is a key player among EOR companies in India. It focuses on delivering flexible EOR solutions that cater to companies of all sizes and ensure smooth workforce management and compliance.

Key Features of Velocity Global’s EOR Services

Velocity Global handles critical EOR functions. Their platform allows businesses to hire talent in India without establishing a local entity, streamlining the process.

• Legal compliance and contract management.
• Payroll processing and benefits administration.
• Support for hiring and onboarding remote employees.

Unique Selling Points 

Velocity Global is known for its customizable EOR solutions, which allow businesses to scale their workforce as needed. 

• Customizable solutions: Tailored to business needs.
• Scalability: Easily adjusts to workforce changes.
• Global reach: EOR services for expanding into multiple regions.

Key Industries Served

Velocity Global supports various industries.

• Tech and IT: Efficient hiring solutions for remote teams.
• Finance: Managing compliance for global financial services.
• Professional Services: Ensuring seamless operations for consultants and legal firms.

Overview of Papaya Global

Papaya Global’s technology-driven solutions streamline the complexities of managing a remote workforce in India, allowing businesses to focus on growth without getting tangled in administrative tasks.

Key Features of Papaya Global’s EOR Services

Papaya Global offers a complete EOR solution that simplifies payroll, tax compliance, and employee benefits administration.

• Automated payroll solutions.
• Compliance with local tax and labor laws.
• Integrated employee benefits management.

Unique Selling Points 

Papaya Global’s automation saves businesses time and reduces human error in payroll management.

• AI-driven payroll: Cutting-edge technology for fast, accurate payroll.
• Global reach: Ideal for managing teams across multiple countries.
• Real-time analytics: Monitor workforce data with ease.

Key Industries Served

Papaya Global supports various industries, focusing on businesses that require advanced, tech-driven workforce solutions.

• Tech startups: Helping fast-growing companies scale with automated tools.
• Global enterprises: Supporting large teams across multiple regions.
• Consulting firms: Ensuring smooth payroll management for multi-location teams.

Overview of Remote.com

If you’re seeking one of the leading EOR companies in India with a global reach, Remote.com is a strong contender. Known for its focus on providing a seamless remote team experience, Remote.com helps businesses efficiently manage legal compliance, payroll, and employee benefits, no matter where their workforce is located.

Key Features of Remote.com’s EOR Services

Remote.com simplifies the process of hiring and managing remote teams by acting as the official employer for your employees in India. 

• Global compliance with local labor laws.
• Streamlined payroll and benefits administration.
• Efficient contract management.

Unique Selling Points 

Remote.com’s USP lies in its strong focus on employee experience and ability to scale for businesses with large, distributed teams.

• Employee-first approach: Ensuring smooth onboarding and ongoing support.
• Global scalability: Perfect for companies with large remote workforces.
• Seamless platform: Centralized management for remote team operations.

Key Industries Served

Remote.com works across various industries, mainly focusing on businesses that need to manage distributed teams in sectors such as:

• Tech and IT: Helping tech companies manage remote employees in multiple regions.
• E-commerce: Supporting businesses with remote operations across different markets.
• Professional Services: Offering compliance solutions for consulting and service firms.

Key Features to Look for in an EOR Company

Selecting the right EOR partner is critical when expanding your business into India. The best EOR companies in India, like Wisemonk offer comprehensive services that address your legal, payroll, and employee management needs. 

Let’s explore the essential features of a top EOR provider.

Legal Compliance and Contract Management

A reliable EOR company ensures that your business complies with all Indian labor laws and regulations. They handle all legal complexities, from employee contracts to tax requirements, ensuring your company avoids penalties.

Payroll and Benefits Management

Accurate and timely payroll is critical to keeping your employees happy. The top EOR companies in India manage payroll processing, tax deductions, and benefits administration, so you don’t have to. They ensure that your employees receive the right benefits and are paid on time.

Equipment Procurement and Immigration Support

Providing your team with the right tools is essential for productivity. Your EOR provider should manage equipment procurement, including purchasing or leasing laptops and other tools. Additionally, they must guide you through the visa and immigration process for international employees.

IT Asset Management

Managing IT assets can be challenging, especially with a remote workforce. Your EOR company should oversee the lifecycle of your equipment, from procurement to disposal, ensuring your business remains secure and compliant.

Wisemonk EOR stands out by offering all these features and is committed to helping businesses succeed in India. 

Contact Wisemonk today to see how they can support your business expansion.

Comparing EOR Services in India

Each EOR provider offers unique features that cater to different business needs. This comparison helps you make an informed decision and ensures that your chosen EOR partner aligns with your company’s objectives.

Let’s compare the top EOR companies in India and break down their critical services in a simple table format.

EOR Company	Key Services	Unique Features	Industries Served
Wisemonk	Legal compliance, contract management, payroll, benefits administration	Scalable, local expertise, full HR administration	Tech, consulting, startups, manufacturing
Deel	Global payroll, benefits, compliance	Expertise in international payroll and contractor management	IT, fintech, global businesses
Velocity Global	Talent acquisition, payroll, benefits, compliance	Flexible and customizable solutions for growing businesses	Tech, finance, professional services
Papaya Global	Payroll, workforce management, benefits	AI-powered payroll solutions, automation	Tech, e-commerce, global companies
Remote.com	Compliance, payroll, contracts, employee experience	Strong focus on employee experience and scalability	Tech, e-commerce, professional services

Pricing Models and Contract Flexibility

EOR Company	Pricing	Contract Flexibility
Wisemonk	Starting at $75 per employee per month	Flexible contracts with scalability for growing teams.
Deel	Pricing starts at $49 per employee per month	No long-term contracts; offers month-to-month agreements.
Velocity Global	Pricing starts at $1,500 onboarding fee, plus 18% of employee’s salary	Requires a deposit, offers custom contracts for large teams.
Papaya Global	Starts from $599 per employee per month	Offers tiered pricing based on employee count and services.
Remote.com	Starts at $299 per employee per month	Flexible contracts with clear termination clauses.

Customer Support and Scalability

EOR Company	Customer Support	Scalability
Wisemonk	24/7 customer support with local expertise​	Scalable solutions tailored for small and large businesses.
Deel	24/7 live chat, phone, and video support​	Scalable globally with easy integration for new regions.
Velocity Global	Mixed reviews on support responsiveness	Scalable to over 185 countries, great for global companies.
Papaya Global	Premium support with dedicated account managers​	Suitable for enterprises with heavy global operations.
Remote.com	24/7 support with localized experts	Highly scalable, especially for fast-growing remote teams.

Conclusion: Why Choose Wisemonk EOR?

Wisemonk offers a comprehensive suite of services tailored to help businesses streamline their operations in India. They handle everything from legal compliance to payroll management, making them one of India’s top choices among EOR companies.

Let’s explore why Wisemonk is the EOR provider you can rely on.

Key Reasons to Choose Wisemonk EOR

• Expert Compliance Management: Wisemonk ensures your business complies with India’s labor laws, reducing legal risks.
• Efficient Payroll Services: They manage timely and accurate payroll processing, tax calculations, and employee benefits.
• Scalable Solutions: Wisemonk offers flexibility, whether you’re hiring one employee or managing a large team.
• End-to-End HR Support: Wisemonk handles the entire employee lifecycle, saving you time from onboarding to offboarding.

Partner with Wisemonk to ensure smooth management of your remote workforce in India. 

Contact their team today to see how they can support your business goals with their reliable EOR services.

Request a demo today and experience firsthand how our EOR services can simplify your operations and ensure compliance.