Payroll, HR &
Employer of Record
Through our trusted EOR partners, PARAMA & Co enables foreign companies to hire and pay staff in India without incorporating a local entity.
This service is especially valuable for GCC pilot teams and early-stage India entries. First hire onboarded within 1-2 weeks of signing the EOR agreement.
Our Services
Payroll, HR & EOR Services
Employer of Record (EOR)
Our trusted partners act as legal employer for Indian employees - handling payroll, EPF, ESIC, Professional Tax, TDS on salary, HR administration and all labour law obligations, while your employees work to your direction.
Payroll Processing
Salary calculation, payslip generation, Form 16 issuance, EPF/ESIC contributions, professional tax, monthly payroll reconciliation.
HRMS Implementation
Setup of HR Management Systems - employee onboarding, attendance, leave, expense management, HR document workflows.
HR Policy & Infrastructure
HR policies, employee handbooks, offer letters, employment agreements, competency frameworks and job role definitions under Indian labour law.
POSH Compliance
ICC setup, policy drafting, annual training and case management under Prevention of Sexual Harassment of Women at Workplace Act.
Statutory Labour Compliance
EPF registration and contributions, ESIC, Professional Tax, Labour Welfare Fund (LWF), Gratuity Act compliance, NPS setup.
Tax-Efficient Salary Structuring
Salary structure design to optimise take-home pay for employees while minimising employer and employee tax burden.
Engagement Model
EOR services are billed per employee per month (through our partner firm). Payroll processing and HR advisory are available on a retainer or project basis. PARAMA & Co coordinates all statutory compliance.
Reference
EOR vs. Setting Up Your Own Entity
A comparison to help you decide which approach suits your India plans.
| Factor | Employer of Record (EOR) | Own Legal Entity (Subsidiary) |
|---|---|---|
| Time to First Hire | 1-2 weeks | 45-90 days (post-incorporation) |
| Upfront Setup Cost | Low - no incorporation needed | Moderate (professional + govt fees) |
| Control Over Employees | Full operational control; legal employer is EOR partner | Full legal and operational control |
| IP Ownership | Managed via contract; additional structuring needed | Owned by Indian entity |
| Best For | Pilot teams, 1-15 employees, speed-to-market | 15+ employees, long-term presence, revenue generation |
| Ongoing Monthly Cost | Per-employee fee (EOR partner) | Compliance retainer (PARAMA & Co) |
| GST / Tax Registration | Not required for EOR model | Required (managed by PARAMA & Co) |
FAQs
Payroll, HR & EOR FAQs
What is Employer of Record (EOR) and when is it used?
An EOR is a third-party that legally employs workers on behalf of a client business. Foreign companies use EOR in India when they want to quickly hire Indian employees without the time and cost of incorporating an entity.
Is EPF mandatory in India?
Yes, for establishments with 20 or more employees. Both employer and employee contribute 12% of basic salary. PARAMA & Co manages EPF registration, monthly contributions and annual PF trust audits.
How quickly can we onboard our first hire in India using EOR?
Within 1-2 weeks of signing the EOR agreement, your first Indian team member can be onboarded - significantly faster than incorporating an entity (which takes 30-60 days minimum).
Is a POSH policy mandatory in India?
Yes, for all organisations with 10 or more employees. The Prevention of Sexual Harassment of Women at Workplace Act (2013) requires formation of an Internal Complaints Committee (ICC), annual reporting and employee training. PARAMA & Co manages the full POSH compliance framework.
Hire in India. Start in Weeks.
EOR onboarding, payroll setup and HR compliance managed end-to-end.