OFFSHORING VS. OUTSOURCING
When you outsource, you are contracting a third-party company to do that particular task.
When you offshore, you essentially set up a team of your own to finish that task.
Why Offshore to India?
Offshoring is generally considered a better option for most companies, simply because you get better results at better costs.
If we assume that a decent employee will set you back around USD $60k–$80k per annum, for that same cost you will be able to set-up a complete team of four or five employees performing multiple tasks.
Most major brands have offshore offices for this reason.
What we provide
Though most companies know the advantages of offshoring they don’t choose it because of the legal hassle.
This is where we come in. Now, you can set up an offshore team in India without any hassle. GYS will handle everything.
You will not have to incorporate a company in India. GYS will take full care of all the legal compliance, payroll, and statutory compliance that is needed to set up a team.
Your team will work under the GYS payroll and report to you.
Your employees will be provided with a work space within our facility which includes a workstation.
They will be free to get their own laptops if they wish. Power and Internet back-up, along with a pantry will be available to them in our facility.
We can take care of payroll, statutory compliance and legal compliance; the following are the exact features:
- Payroll Processing
- Salary Structure Creation
- Prepare Form 16 (Including Part A&B)
- Digitally Sign Form 16
- TDS deductions and filing every month.
- Statutory Compliance
- Contract Labor Registration
- MIS Reports
- Bank Transfer Letter
- Cash & Cheque Reports
- PF, PT & ESI Reports
- Leave Balances, Accruals & Utilization
- Maintenance and submission of periodic returns
- Indian Companies Act, 1956
- Telangana State Tax Act
- Central Sales Tax Act, 1956
- Income Tax Act, 1961
- Provisions Act, 1952
- Labor Laws
Just fill out the form below and one of us will get in touch with you to ascertain your exact requirements.