NSquareIT EOR Review [2026]: India-Focused Pricing & Verdict
NSquareIT Offshore Agency (NOA) is an India-based Employer of Record and PEO provider with over 7 years in the industry, specializing in helping international companies hire talent in India without establishing a local entity. The company also offers entity setup, payroll outsourcing, HR consulting, and CFO services. EOR and PEO are offered as core service lines alongside payroll processing and compliance management.
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NSquareIT At A Glance
NSquareIT Offshore Agency was not built as a standalone EOR provider. The company originated as the offshore staffing arm of NSquareIT, an IT services company based in Ahmedabad, Gujarat. The EOR and PEO capabilities were developed to serve the company’s existing clients who needed to hire developers and IT professionals in India without navigating the complexity of Indian labour law and entity formation themselves. This IT services heritage shapes the provider’s positioning, client base, and operational model.
The company is headquartered in Ahmedabad with a secondary presence in Bangalore. The company claims to have served 40+ clients across the US, UK, and Europe.
NSquareIT’s core pitch is price. The company advertises a flat $75 per employee per month for its India EOR service, a figure prominently featured across its website and blog. For context, most India-focused EOR providers charge between $99 and $150 per month, while global platforms like G-P ($920+ average), Deel ($599+), and Multiplier ($400+) charge significantly more for India coverage. If the $75 figure holds in practice, it would make NSquareIT one of the cheapest EOR options available for India.
The company partners with M.S. Chhajed & Co. as its external legal counsel for compliance and entity incorporation matters, and uses greytHR (a cloud-based HR platform by Greytip Software) for payroll processing and HR administration. This means NSquareIT does not operate proprietary technology. The HR and payroll interface your employees interact with is a third-party product, not something built or customised by NSquareIT.
NSquareIT positions itself as a bridge provider: start with EOR to test the Indian market, then transition to PEO or full entity setup (Private Limited Company or LLP) as headcount grows. This EOR-to-entity progression model is practical and aligns with how many companies actually scale their Indian operations. It is also a genuine differentiator, as most global EOR providers do not offer entity incorporation as part of their service.
No third-party reviews exist on G2, Capterra, Clutch, or Trustpilot for NSquareIT’s EOR services. The testimonials on the company’s website are brief and primarily reference IT development services rather than EOR or PEO engagements.
NSquareIT Key Services
How NSquareIT is Performing: Our Data-Driven Scores
NSquareIT delivers a low-cost, India-focused EOR service built on a lean operational model with external legal counsel and third-party HR software. The $75/month price point and EOR-to-entity progression path are genuine differentiators. India-only coverage, very small team size, no third-party reviews, and minimal public documentation of the EOR service constrain the overall score.
4.0 /5.0
✓ EOR, PEO, and entity setup in India covering Tier-1 and Tier-2 cities including Ahmedabad, Bangalore, Hyderabad, Chennai, and Delhi NCR
✗ India-only coverage; no multi-country EOR infrastructure
✗ No contractor management, benefits administration platform, or equity management tools
3.0 /5.0
✓ Flat $75/employee/month EOR pricing published publicly, significantly below market average
✓ Claims no add-on module fees, no hidden charges, and no surprise invoices
✗ Setup fees, deposit requirements, and minimum contract terms are not disclosed
✗ Unable to independently verify whether the $75 rate holds for all engagement types and employee counts
4.5 /5.0
✓ Claims straightforward flat-fee model with monthly payroll processing
✗ Contract terms, payment structures, minimum engagement periods, and termination provisions are not publicly documented
✗ No published information on deposit requirements, notice periods, or exit conditions
4.0 /5.0
✓ Claims onboarding in under one week with a dedicated onboarding manager
✓ Live chat feature available on website for initial enquiries
✓ Dedicated India team with deep HR expertise
✗ No G2, Capterra, Clutch, or Trustpilot reviews for EOR or PEO services
✗ Website testimonials reference IT development services, not EOR engagements specifically
✗ No documented SLAs, support hours, or response time commitments
4.5 /5.0
To avoid penalising smaller local providers, the Platform & Integrations score is not applied. NSquareIT uses greytHR (a third-party cloud HR platform by Greytip Software) for payroll processing and payslip generation. There is no proprietary self-service EOR platform, employee portal, or integration ecosystem. HR administration is delivered through traditional service-led workflows complemented by the greytHR interface.
/5.0
Pros & Cons of NSquareIT
Lowest published EOR pricing for India: At $75 per employee per month, NSquareIT advertises the lowest EOR rate we have seen for any India-focused provider. Most local competitors charge $99 to $150, while global providers like Deel, Multiplier, and G-P charge $400 to $900+ for India coverage. For startups and SMEs hiring small development teams in India where budget is the primary constraint, this pricing is a genuine differentiator.
Clear EOR-to-entity progression path: NSquareIT explicitly offers EOR, PEO, and entity setup (Pvt Ltd or LLP) under one roof. Companies can start with EOR to test the Indian market, transition to PEO for greater control as they scale, and eventually incorporate a local entity when headcount justifies it. This progression path reflects how most companies actually grow their India operations and eliminates the need to switch providers at each stage.
Deep India-only focus: Unlike global EOR providers that cover India as one of 150+ countries, NSquareIT operates exclusively in India. This means the team deals with Indian labour law, PF/ESI filings, state-level Shops and Establishments compliance, and TDS deductions daily rather than as a subset of a global operation. For companies whose only EOR market is India, this specialisation can translate into faster issue resolution and more granular local knowledge.
IT sector alignment: NSquareIT’s origins as an IT services company mean the team understands the specific hiring patterns, compensation structures, and workforce dynamics of the Indian technology sector. If you are hiring software developers, engineers, or QA specialists in India, this sector familiarity is a practical advantage over generalist EOR providers.
Very small team with limited public track record: Third-party data (TechBehemoths) indicates NSquareIT has approximately 2 to 5 employees. The company claims 40+ clients served, but this figure cannot be independently verified. There are no reviews on G2, Capterra, Clutch, or Trustpilot for the EOR or PEO service. For companies with formal vendor due diligence requirements, this lack of verifiable track record may be a blocker.
No proprietary technology: NSquareIT does not operate its own EOR platform. Payroll and HR administration run through greytHR, a third-party product. There is no dedicated employee self-service portal, onboarding workflow, real-time compliance dashboard, or API integration capability. Companies expecting the digital-first experience offered by Remofirst, Deel, or Multiplier will find the approach significantly more manual.
India-only coverage: EOR services are limited to India. Companies hiring across multiple countries will need additional providers for every other jurisdiction. While the India focus is a strength for compliance depth, it creates fragmentation for companies with multi-country hiring needs.
Final Verdict on NSquareIT
Compare NSquareIT With Other Providers
Written by
Dane Cobain is a Copywriter at Employsome and an accomplished author whose work spans fiction, non-fiction, and professional writing. Over the past decade, he has built a strong track record creating straightforward content for the HR, payroll, and corporate sectors. Dane brings a storyteller’s eye to the evolving world of global employment, with a particular focus on Employer of Record and PEO models. His articles explore industry trends and dedicated Best Of Guides when managing an international workforce.
Our content is created for informational purposes only and is not intended to provide any legal, tax, accounting, or financial advice. Please obtain separate advice from industry-specific professionals who may better understand your business’ needs. Read our Editorial Guidelines for further information on how our content is created7