Hi, can anyone please guide me on the due diligence and compliance required in the case of payroll migration (including PF and Gratuity) from company X to company Y? Both companies are separate legal entities but operate under one brand. Thank you.
Better ensure all the necessary compliances such as documentation, contributions, remittances, and returns are in place. Conduct a proper audit for each entity.
Have proper backup and inquire with the new vendor if migrating from one vendor to another to perform due diligence. Ensure the new vendor also provides written confirmation, as any gaps will fall under the new vendor's scope.
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