Starting a recruitment company in India can be an attractive business idea, considering that the country has one of the largest workforces in the world (it has a population of more than 1,2 billion persons). When entering this business sector, a set of decisions has to be made – for example, deciding on the company type under which the company will operate.
Besides this, it is also necessary to verify the licensing requirements for Indian recruitment companies; investors must also verify the tax system applicable to this type of business. In this sense, our team of consultants in company registration in India can be of help, especially in the case of foreign investors, who are not familiarized with the local legislation.
In order to open a company in India as a recruitment business (or recruitment agency) it is necessary to select a legal entity. For this purpose, the best options are corporate entities, such as limited liability companies or limited liability partnerships; our team of specialists in company formation in India can offer advice on the main characteristics of these company types, but also on the advantages and obligations applicable to their founders.
As a general rule, a recruitment company is set up with the purpose of assisting other companies which are searching for suitable employees through such agencies. When this happens, the two companies will typically enter binding contracts, which will stipulate the manner in which the recruitment process should take place and the obligations of each party. Other important obligations during the procedure of company formation in India are presented below:
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You can also rely on us for accounting services. We provide solutions related to payroll in India with the aid of technology, a robust centralized processing system, a team of excellent professionals, and friendly customer care representatives. We offer a variety of services to domestic and international businesses with personnel in India in accordance with the guidelines of the Employment Code.
The majority of accounting services are now provided by external companies. Our accountant in India operates remotely in order to provide the best answers at reasonable prices. The level of service quality will not change. We can also help you with company formation services, if you want to have your own business.
A recruitment agency in India can deliver its services to other companies or to natural persons who are seeking for employment on the local market. At the same time, the company can also recruit personnel to work in other countries and the licenses that have to be obtained will depend on the types of recruitment services provided by the company.
Those who are interested in how to form a company in India as a recruitment agency will need to observe the legislation prescribed by the Emigration Act 1983, applicable when recruiting Indian workforce to work on foreign territories. In this particular situation, the following procedures are available:
For those who want to open a company in India, it is of high importance to know the current trends and needs of the recruitment industry. In India, one of the countries with the highest demand of employees trained in the field of IT and related activities, the staffing industry is expected to grow in the following years (currently, it has one of the highest growth rates). At the moment, investors should know the below-presented data:
Companies operating as recruitment agencies should take into consideration that Indian businesses are focused on recruiting highly skilled workforce; it is also observed the need to improve the quality of the hiring procedures. Businessmen are invited to contact our team of consultants in company registration in India for additional information on the incorporation of this type of business.