LOS GATOS, Calif. and
PUNE, India, May 17, 2018 /PRNewswire/ -- The Letter of
Intent (LOI) of cooperation was signed on the occasion of
Frankfurt Mayor Peter Feldmann's visit to Pune, India, on May 15,
2018. The letter of Intent of cooperation aims to highlight
future collaboration between Neeyamo Enterprise Solutions Pvt Ltd.
and FrankfurtRheinMain GmbH.
By signing this letter, Neeyamo Enterprise Solutions expresses
its intent to invest in the FrankfurtRheinMain region in 2018 and
FrankfurtRheinMain GmbH expresses its commitment and willingness to
support Neeyamo for the successful start of its business operations
and entry in the FrankfurtRheinMain region. The scope of services
will include general advising on setting up a subsidiary in the
FrankfurtRheinMain region, supporting work and residence permit
applications of its employees and providing general information
regarding taxation and labour laws and referring to legal experts
where appropriate. Furthermore, FrankfurtRheinMain GmbH is
committed to continuing its support to business growth and
progression for Neeyamo in the region.
Commenting on the agreement, Ashok Bildikar, chairman and
managing director of Neeyamo, said, "Neeyamo is a global leader in
providing international HR and payroll services to multinationals
with a long-tail spread. Our niche specialization in this area of
operation has propelled us to establish and expand our global
footprint at an unparalleled pace. Germany is a country of strategic importance –
both from the local as well as regional operations. We are
extremely happy with the proactive support provided by the city of
Frankfurt. This gives us a high
degree of confidence to venture into the country and make plans for
aggressive growth there. I would personally like to thank Mayor
Peter Feldmann for his sponsorship
and the entire team at FrankfurtRheinMain (FRM) GmbH for their
support on this strategic initiative."
About Neeyamo
Neeyamo Enterprises is a Global Human Resource-related
Consulting, Outsourcing and Information Technology &
Information Technology-Enabled Services Provider. With more than
1,500 professionals specializing in delivering Global Payroll,
Background Verification and HR services across more than
185 countries, Neeyamo is one of the world's foremost
providers of HRO services for multinationals with operations spread
across a long tail of countries. Neeyamo has also partnered with
leading HR cloud solutions to help communicate maximum value to its
customers. Its service lines cover the entire pre-hire to
post-retire employee life cycle. To learn more, visit
www.neeyamo.com.
About FrankfurtRheinMain GmbH
FrankfurtRheinMain (FRM) GmbH is the official investment
promotion and marketing agency of the German Metropolitan region
FrankfurtRheinMain. Their India
desks in Pune and Frankfurt support Indian companies to expand
their business activities and set-up operations in FRM. A public
body, FRM GmbH offers a host of complimentary services to potential
investors including advising on setting up subsidiary/branch
offices, finding suitable office space, supporting work and
residence permit applications and providing general information
regarding tax and labour laws. To learn more, visit
www.frm-united.com.
Media Contact
Irene Jones, HRO
Evangelist
irene.jones@neeyamo.com
1-889-9-NEEYAM
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SOURCE Neeyamo Enterprise Solutions Pvt Ltd.