Third Party Payroll
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Third-Party Payroll services are tailored to meet your business requirement to achieve your goals
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Third Party Payroll
Running a business requires a lot of time and attention. Being a business owner, one cannot afford to focus on time-consumption practices like overlooking and managing Payroll and other compliances related to it. Leave the hard work on to Setup Bizz and focus on your business. Outsourcing to a Third Party Payroll provider has helped businesses to focus on its performance and achieve a better growth rate.
Benefits of Third Party Payroll
Outsourcing contract staffing is a new way of hiring and has been found successful amongst businesses. The company is protected from all the Statutory liability by using a Third Party Payroll service.
- Reduce Cost:
Outsourcing employees on our payroll will cost you less expensive compared to paying wages and other benefits to a full-time employee. All cost which is covered by Employer is covered by the agency on whose payroll the employee is working. - Time-Saving:
Employer saves time on tedious administrative task of HR and Compliance when it comes to outsourced employees. - Better Compliance:
There are better chances to avoid errors when you have the support and assistance of an expert team. Incorrect filings could lead to penalties and can sometimes attract heavy costs when it is found to be non-compliant with the state. - Peace of Mind:
By choosing third party payroll services, you are free from paying salaries, managing compliances, remitting payroll taxes.
What makes us Unique
- Instant Web-Based Data Access:
Easily accessible from any device 24/7, 365. - World-Class Service:
92% client retention. We will answer all your queries. Security and Confidentiality of data are the heart of our priorities. - Accurate Payroll:
We assure with accurate and transparent payroll & data management. - Employee Self Service:
Employees can view their payslips online, change address, personal details and also request leave through the system. - Reduced TAT:
Our team manages speed and service levels to reduce the turnaround time for organisations.
Standard Other Registrations or Licences We Provide
PAN Registration
A PAN or Permanent Account Number is an important document all taxpayers must possess, as mandated in the Income Tax Act of 1961.
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Trademark Registration
A trademark is a unique symbol or word(s) used to represent a business or its products. Once registered, that same symbol or series of words cannot be used by any other organisation, forever, as long as it remains in use and proper paperwork and fees are paid.
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Shops & Commercial Establishment Registration
Shop act registration is to be taken compulsorily to start business establishment. Details of personal employed are to be given on yearly basis.
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Professional Tax Registration
Professional Tax Registration is levied by Municipal Corporations of various states in India. People who carry the profession such as CA (Chartered Accountant), Lawyers, Doctors, Business Owners etc need to pay these taxes. The owner of a business is responsible to deduct professional tax from the salaries of its employees.
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Udyog Aadhar (MSME) Registration
MSME Registration helps you to receive payment on time from large companies as they have to pay MSME Vendor within 45 days. Plus, you get benefit at the time of taking a loan in form of concessional rate of interest.
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GST Registration
Any person or entity supplying goods or services in India above the aggregate turnover limit (INR 20L for Service and INR 40L for Goods) is mandatorily required to obtain GST registration. For certain businesses such as Interstate Supply, E-Commerce Operators registration under GST is mandatory irrespective of turnover limit.
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TAN Registration
The Tax Deduction and Collection Account Number (TAN) is required for people who are deducting or collecting tax at source. Anyone paying a salary or commission is required to get a TAN.
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FSSAI Registration
Every food business operator (FBO) involved in the manufacturing, processing, storage distribution and sale of food products must compulsorily obtain FSSAI Registration or License. FSSAI Registration is different from FSSAI License in the sense that depending on the size and nature of the business, FBO should obtain the necessary registration or license.
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