Paybooks is the Payroll Solution Choice of 3,000+ Leading Companies

An Employer of Record is a company that legally employs workers on behalf of another business. In India, Paybooks acts as the EOR — we hire your chosen candidates on our entity, manage their payroll, handle all statutory compliance, and ensure they’re paid correctly under Indian law. You manage the day-to-day work. We handle everything else.

No. That’s the core value of EOR. Paybooks’ legal entity in India is used to employ your team members, so you can hire in India without registering a company, obtaining local licences, or navigating India’s entity setup process. You get your team faster, with significantly less legal and administrative overhead.

Paybooks can onboard employees in India within days, not months. Compare that to setting up a local entity — which typically takes 3 to 6 months. If speed of hiring is a priority, EOR is the fastest compliant path to getting Indian talent on board.

Paybooks handles payroll processing, statutory compliance (PF, ESI, TDS, PT), employment contracts, benefits administration, and HR documentation. You retain full control over the work your employees do, their deliverables, team structure, and day-to-day management. The legal and administrative employment layer sits with us.

Paybooks processes payroll under Indian labour law — including correct salary structuring, statutory deductions, and timely compliance filings. Your employees receive accurate payslips, Form 16 at year-end, and full statutory benefits. You get regular payroll reports so there are no surprises.

Setting up an Indian entity involves legal fees, registration costs, ongoing compliance overheads, and typically 3–6 months of setup time. Paybooks EOR replaces that with a transparent per-employee commercial structure: a management fee from USD 199 per employee per month, a one-time onboarding fee from USD 50 per hire, a one-time offboarding fee from USD 50 per exit, and an upfront security deposit equivalent to your employees’ notice period value multiplied by total headcount. There are no entity setup costs. For companies hiring a small number of people in India, EOR is almost always the more cost-effective starting point. Speak to the team for a tailored cost model.

Paybooks EOR works for companies hiring even a single employee in India. There’s no minimum headcount requirement. Whether you’re bringing on one senior engineer or building a team of 20, EOR gives you a compliant, fast path to hiring — without the overhead of a local entity.