Hiring & Payroll in India for Korean Companies
Once a Korean company hires in India, it takes on Indian employment and payroll obligations. Getting these right from the start avoids disputes and penalties.
Payroll Statutory Basics
- Provident Fund (PF) and ESIC contributions.
- Professional tax (state-dependent).
- TDS on salaries under Section 192.
Employment Compliance
Offer letters, compliant employment contracts, leave policies, and gratuity/bonus obligations all apply under Indian labour law.
EOR vs Own Entity
Before setting up an entity, a Korean company can hire via an Employer of Record (EOR). Once established, payroll runs through the Indian subsidiary.
Statura's Korea Desk runs payroll and HRMS and handles hiring compliance for Korean companies in India.