Expanding into new markets is an exciting opportunity for small and medium businesses (SMEs). India, with its rapidly growing economy and diverse consumer base, is an attractive destination for expansion. However, the complexities of local employment laws, tax regulations, and compliance requirements can create significant challenges. This is where an Employer of Record (EOR) becomes essential. An EOR allows businesses to hire employees in India without the need to establish a local entity, simplifying the process and reducing risks associated with international expansion. 

What is an Employer of Record (EOR)?

An Employer of Record (EOR) is a third-party organization that serves as the legal employer for your workforce. It manages all employment-related tasks, including payroll, compliance with local labor laws, and employee benefits.

Read more: https://husys.com/blogs/navigating-indias-market-the-importance-of-eor-for-small-and-medium-businesses/