Introduction
A US-based software development company was looking to establish a new offshore center in India to reduce costs and expand its global footprint. The company had no prior experience in setting up an offshore center and was unfamiliar with Indian labor laws and regulations. They needed assistance in navigating the complex legal and regulatory landscape and identifying the best location for the new offshore center.
Challenge
The client was facing several challenges in setting up the offshore center in India. They were unfamiliar with Indian business culture, labor laws, and regulations. They needed to understand the regulatory requirements for setting up a legal entity in India, identifying the most suitable location, hiring local talent, and managing the new team.
“We were struggling to attract and retain top talent and we knew our recruitment process needed an overhaul. Skillfi provided the expertise and support we needed to revamp our approach to talent management and recruitment.”
Solution
Skillfi was engaged by the client to provide end-to-end assistance in setting up the offshore center in India. Our team of experts conducted a comprehensive analysis of the client’s requirements and identified the most suitable location for the offshore center. We provided guidance and support to the client in registering a legal entity, complying with labor laws, and other regulatory requirements.
We helped the client in setting up the physical infrastructure, including office space, IT infrastructure, and other facilities required for the new team. We assisted in hiring and training local talent, and ensured compliance with local labor laws and regulations.
Our team also provided ongoing support to the client, including payroll processing, employee management, and administration services. We ensured that the offshore center was set up within the client’s budget and timeline.
Conclusion
Skillfi’s end-to-end assistance helped the client to overcome the challenges of setting up an offshore center in India. Our team’s expertise in navigating the regulatory landscape and identifying the most suitable location for the offshore center helped the client to achieve their objectives. The client was able to expand their global footprint, reduce costs, and tap into the growing talent pool in India.