Get your Compliance Risks Reduced by 50%- A Team of 200+ Dedicated Compliance Experts
- Our Statutory Compliance Services ensure the elimination of Costly Penalties
- Help your Company to be 100% statutory compliant
Are you looking for a group of resources that can meet all of your statutory compliance needs? Hiring a knowledgeable and professional statutory compliance service provider to handle your statutory compliance needs would be your best choice. One such business that offers statutory compliance services and may fulfil all of your demands is CorpHR. We have some of the most knowledgeable and accomplished statutory compliance specialists who can meet all of your business compliance needs. With a wide range of end-to-end services such as compliance audit, maintenance of statutory registers, notices and returns, records, computation of monthly ESI and PF contribution and report generation, calculation & deduction of statutory dues, compilation as well as the processing of employee’s documents for the purpose of registration, withdrawal, nomination transfer, pension submissions, claim request management by using personalized dashboards, Timely tax filing, and other services under our roof, we are labelled as the No.1 provider of statutory compliance services. Due to the constantly evolving nature of labour laws, many firms frequently ignore the significance of statutory compliances or neglect to keep themselves informed of new developments. Penalties, fines, and protracted legal proceedings may result from such errors. Numerous enterprises in India have been seen to disregard legal requirements, such as missing deadlines for payments and return filing, failing to maintain necessary documentation, and failing to follow instructions outlined in the relevant statute. At Corphr, we are aware of the difficulties enterprises face in complying with legal duties, the investments and devoted resources required for doing so, and the pain points in the event of mistakes. To eliminate even the slightest risk of penalties resulting from lawsuits, we employ the best methods. Our statutory compliance services are intended to meet all of these needs and help your company fully comply with all applicable laws. At Corphr, we have a committed group of experts who manage the statutory compliance requirements of modern-day businesses. To ensure that the organisation does not violate any labour law requirement, compliance management, in and of itself, is a very difficult process that calls for dedicated staff. No matter what industry you work in or how big your company is, CorpHR is your go-to partner for statutory compliance management. Banking & Insurance FMCG Automobiles Chemical Education E-commerce IT Retail Telecommunication Energy Power Healthcare and life science Production & Manufacturing Aviation and Aerospace Mining and Metals Advertising & Media As you can see, numerous labour-related regulations and Acts apply, and these are frequently updated. As they stand, each is complicated and requires legal knowledge to comprehend. Additionally, it's important to remember the most recent changes. The most recent minimum wage rates must be kept up to date, and one must follow both State and Central Acts and Rules. All of these are out of the question for business owners, and hiring a legal specialist on staff is difficult. It's less expensive and guarantees complete statutory compliance with all Acts that apply to that business when compliance services are outsourced. Startups will experience the same difficulties as established businesses if they are already dealing with other problems. In both situations, outsourcing compliance services to a competent firm ensures flawless implementation of the necessary procedures and registrations to protect the company from legal action. A business owner may not be aware of some exemptions provided by certain acts and laws, but the service provider will make them clear to him. Keep in mind that government agencies will issue notices very away if they have a good reason to. Anytime an inspector visits the property, they may identify issues that result in fines. We have a team of committed and experienced statutory compliance service experts that keep pace with new advancements and changing laws. When it comes to end-to-end statutory compliance services, CorpHR practises openness and makes sure to provide clients with the finest experience possible. Corphr has 15+ years of experience in terms of providing legal and statutory compliance services. Our staff members are knowledgeable about all business-related laws and regulations. We make sure that your company is 100% compatible with internal governance and legal compliance because regulations differ from state to state. We keep timely, accurate records to support our strong compliance practices. The payroll compliance service provided by CorpHR makes sure that salaries are calculated correctly and prepared for prompt payment. Paying wages accurately and on time presents the company or organisation in a positive light to its employees, who are therefore inspired to work as hard as they can. The Payment of Bonus Act, 1965 The Contract Labour (Regulation & Abolition) Act, 1970 The Child Labour (Prohibition & Regulation Act), 1986 The Industrial Disputes Act, 1947 The Payment of Gratuity Act, 1972 The Industrial Employment Standing Orders Act, 1946 The Equal Remuneration Act, 1976 The Employee Compensation Act, 1923 Sexual Harassment of Women at Workplace Act, 2013 The Factories Act, 1948 Shop and Establishment Act The Minimum Wages Act, 1948 The Payment of Wages Act, 1936 The Apprentices Act, 1961 Other Acts
Why Corphr?
5200+ Companies became 100% Statutory Compliant with ourStatutory Compliance Services
Audit of Labour Law Compliance
Preparation of a detailed audit report on labour law compliance and analysis of audit findings
Compliance with Statutory Requirements
Maintenance of Required Documentation, Meeting payment and return filing deadlines
We Earned the Reputation of the No.1 Provider of Statutory Compliance Services
We Make Every Effort to Offer the Best Statutory Compliance Services
We have highly qualified auditors who not only perform their duty but also keep up with the latest laws, rules, and regulations. We frequently provide internal coaching to our staff members on compliance procedures and legal requirements. As part of our statutory compliance services, we have the propensity to ensure government rules and regulations owing to the strict moral and ethical standards that CorpHR applies to any operations. Our staff members have received compliance training. Manage payroll compliance, including management of Provident Funds, ESIC, professional taxes, and Labour Welfare Funds. Along with labour compliance, we also ensure that you abide by the Shops Act requirements.
Industries that are Blessed with our Services
Our Statutory Compliance Services can Fuel Business Growth
Statutory Compliance Process
Comprehend the Demand
To comprehend the demand, we work together with the business executive.
Compliance Records
To check if the current compliances are met, we ask for compliance records.The project will only be given to compliance experts who have the required credentials.
Statutory Conformity
If there are any areas of non-compliance, we offer assistance in resolving the problem and guaranteeing statutory conformity.
Auditing
To assure accuracy, we audit post-compliance records.
Project Approval
Reports will be filed, and the project will be approved.
Payroll Services
Statutory Compliance Services We Offer Expertise In:
Audit of Statutory Compliance
Analysing the level of compliance and current processes while evaluating and auditing the client's statutory records. Contractor compliance evaluation and audit. Pointing out errors and recommending solutions.Conduct regular record reviews and establish an audit trail.
Resource Staffing Analysis & Management
Evaluation of needsManpower mapping.Strategy and cost optimization Analysis
Management of Statutory Compliance
Calculating statutory liabilities and creating payment Challan.Reports and returns must be submitted monthly, quarterly, and annually. Upkeep of statutory records, registers, forms, and other items required by numerous Acts.
Business Tax Management
Verification of slab rates according to location and eligibility requirements for PT Register Validation. Creation of online challans as necessary.
Sending a PT Cheque
Management of the Labour Welfare Fund: Verifying slab rates according to locations and eligibility; generating challans and reports by state regulations. Transfer of the LWF check.
ESIC Management
ESIC Register Validation ESIC, eligibility, and remittance information computation.Creating a Challan and preparing and uploading online data.Producing an Insurance NumberClaims Processing for ESICCoordinating with the ESIC Department
Benefits of Outsourcing Compliance-related Tasks
Accessibility of compliance knowledge and servicesAllows businesses to concentrate more on their strategic and core operations.Commitment to deadlines outlined in applicable laws; avoidance of expenses like fines and penalties related to delays.Vendor compliance monitoring, transparency assurance and avoidance of any compliance lapses.Thorough examination and maintenance of all statutory records as required by applicable law.
Statutory Compliance Services in India
CorpHR statutory compliance services are just what companies require to improve their management and effectiveness. A business owner or management team can completely concentrate on managing the firm and ensuring its success by delegating to CorpHR the responsibility of taking care of every item on the statutory requirements checklist. A business or organisation is vulnerable to compliance risk if it does not exercise caution. Why should you consider outsourcing your needs for statutory compliance services? Several laws and norms govern the world of business. The central and state governments have both established laws and regulations, which is the cherry on top. Due to decisions made by the government, these are also likely to alter occasionally. Our entire team is knowledgeable and skilled in the area of compliance. In addition to having experience, the team members are familiar with the most recent developments in this important field. Experience and knowledge of the most recent information translate into full value and are an advantage for any business or organisation in a constantly changing environment. Highly competent and efficient auditors on our team continuously monitor your work. And to top it all off, we train our employees internally consistently and vigorously, which results in excellent service for all our clients. No detail of your compliance requirements or needs is overlooked thanks to our wide range of services, which include compliance audit, gap analysis, solution recommendations, registrations, renewals, and records management. We also handle closures, maintaining digital registers, communicating with relevant authorities, submitting forms, and remittances. We update and deliver reports on a regular and timely basis by combining all of them.
Money-saviour:
Saving money on labour and overhead
Centralised Maintenance System:
Centralised data backup and data security & Seamless communication with the stakeholders
Modifications under Labour Laws:
Information on modifications to and notifications under various labour laws across the nation
Decision-Making :
Legal guidance on labour laws to assist management in decision-making
Latest Checklist for Statutory Compliance - The Acts we Cover
Request for quote
You may submit the request by filling in the details required to be shared below.
Our Clients
“Excellent service! They helped me to get experienced employee for my company.”
Seema Singh
“Excellent customer service. They are very highly experienced staff. ”
VINAY ARORA
“CorpHr has amazed me with outstanding service during our executive recruitment.”
PRITI SINGH
