Remunanceblogs

  Understanding Subsidiary Companies in India: A Strategic Gateway for Global Expansion In today's interconnected global economy, India stands out as a prime destination for foreign businesses aiming to expand their footprint. Establishing a subsidiary company in India offers a structured pathway to tap into its vast market, leverage economic incentives, and navigate the local business landscape effectively. What is a Subsidiary Company? A subsidiary company is a distinct legal entity that is either wholly or partially owned by another company, known as the parent or holding company. Typically, the parent company holds more than 50% of the subsidiary's equity, granting it significant control over the subsidiary's operations and governance. When the parent company owns 100% of the subsidiary, it is termed a wholly-owned subsidiary. Despite this ownership, subsidiaries operate independently, maintaining their own management structures and complying with local laws and regul...

  Expanding to India? Here's the Easiest Way to Hire Without Setting Up a Company Expanding your team into India can be a smart move — the country offers a rich talent pool, competitive wages, and a vibrant tech ecosystem. But here’s the catch: building a legal entity, dealing with complex regulations, and running compliant payroll systems can slow your plans down drastically. That’s where many global companies are turning to a smarter solution — partnering with an employer of record service in India . What Does an Employer of Record Actually Do? Imagine you’ve found a great developer or marketer in India, but you don’t have a local office there. An employer of record (EOR) makes that possible. The EOR legally hires that employee on your behalf. They manage the local employment contract, ensure compliance with labor laws, handle payroll, and take care of taxes and benefits — all while you stay focused on business operations. In other words, you still manage your employee’s work, wh...