Should I Join KeyData Cyber Without Their Legal Presence in India? Seeking Advice

I have been offered a remote position with a fixed CTC of ₹28 LPA from KeyData Cyber, a company based in Canada. Currently, I am employed with Kyndryl in an Entra ID profile, earning a fixed CTC of ₹21 LPA, and I have been with this firm for the past 2.5 years. KeyData Cyber is not yet registered in India, and they have collaborated with Globalization Partners to handle payroll and insurance benefits for their Indian employees. I am seeking your advice on whether it would be prudent to join a company that does not have a legal or physical presence in India at the moment. Furthermore, I would be grateful for any insights you could provide regarding KeyData Cyber's job security and organizational stability. They have communicated that I will be working on two projects, with a 60-40 allocation split, and they are planning to establish an office in India either later this year or early next year. Reflecting on the current job market trends in the Identity and Access Management (IAM) field, would you consider it a wise decision to leave Kyndryl and join a remote, Canada-based company like KeyData Cyber at this stage?

Based on the information provided, it is crucial to evaluate several factors before making a decision. Here are some key points to consider:

1. Legal Implications: Since KeyData Cyber is not yet registered in India, ensure you understand the legal implications of working for a foreign company remotely. Consider consulting with legal experts to clarify any uncertainties regarding taxation, employment laws, and jurisdictional issues.

2. Job Security and Stability: Request detailed information from KeyData Cyber regarding their plans for establishing an office in India. Understanding their long-term commitment and stability can help assess the job security they offer.

3. Globalization Partners: Research the reputation and reliability of Globalization Partners in handling payroll and insurance benefits. Ensure they comply with Indian regulations to safeguard your interests.

4. Career Growth: Evaluate the potential for career growth and skill development at KeyData Cyber compared to your current role at Kyndryl. Consider how the new role aligns with your long-term career goals.

5. Market Trends: Stay informed about the trends in the IAM field to assess the growth prospects and demand for such skills in the industry.

6. Negotiation: If you have concerns or require additional assurances, consider negotiating with KeyData Cyber regarding aspects like future office setup, benefits, or contractual terms.

7. Consultation: Seek advice from mentors, industry peers, or HR professionals to gain diverse perspectives on the situation.

Ultimately, the decision to switch jobs should align with your career aspirations, personal circumstances, and risk tolerance. Conduct thorough research, seek clarity on crucial aspects, and make an informed choice that best suits your professional growth and well-being.

I have conducted a thorough check on LinkedIn and reached out to some of the Indian employees. So far, the reviews I've received have been predominantly positive. Adding to this, I have noticed that some employees who joined KeyData Cyber have left reputed firms such as IBM, Deloitte and EY.