Employer of Record (EOR) Services in Latvia

Using our EOR services in Latvia allows you to access the opportunities of the Latvian market within days while we take care of the paperwork for hiring your workforce compliantly.

Employer of Record (EOR)

Expanding your business into Latvia helps you benefit from a country that is in constant development offering countless opportunities to grow your business.

Latvia city centre
Latvia city centre

Dedicated to Offering You 24/7 Support

Hassle-Free Expansion

Ranked as an above-average human development country, Latvia has a high education level, lifespan, and national income offering a professional and international environment to expand your business. With us, as an EOR for your Latvian workforce, your international expansion into this country can go compliantly and, above all, smooth and cost-efficient.

Latvia is a commercial trading center strategically located in the North of Europe. The financial service sector is one of the most thriving industries of Latvia while transport and ICT also form important upcoming pillars.

Latvia has been one of the most fast-growing economies in the EU. Although COVID stagnated the growth, it is expected that the economy will recover rapidly.

CONTACT US
CONTACT US

Why Choose an EOR?

Our EOR services in Latvia offer our global entity network to companies considering expansion. We become your international employees’ Employer of Record, meaning that we take full responsibility for your employees’:

  • Labour contracts
  • Compliance with Latvian laws
  • Tax contributions (if applicable)
  • Payroll

As an Employer Of Record, we conclude an agreement with you and the employee who will be working for your company. We become the legal employer of your new workforce. Your company maintains control over your employees’ working relationships, work ethics, tasks, and daily responsibilities.

The greatest benefit of using an EOR is probably that there is no necessity for you to set-up an entity in Latvia. This process can take months and during this period, it is unlikely that you have legal resources to pay your employees in Latvia resulting in a considerable delay in your global expansion plans.

Global expansion is an exciting step that often leads to a growing and successful business, but the red tape in a new country can be demotivating and frustrating. Imagine a way to globally expand your business without red tape and at low costs: that is what working with an EOR can do for you.

By letting us take care of the hard part, you can focus on the great part: expand your business into Latvia. These are the aspects we can take away from you:

  • Registering with the tax and social security office.
  • Immerse yourself in the local laws, customs, and regulations.
  • Get familiar with local labor benefits and other contract-related customs.
  • Approach potential employees and make them an offer.
  • Setting up the Payroll system compliantly.
  • Submitting wage tax returns and national insurance forms.
  • Staying up-to-date and compliant with changes in local regulations.
  • Worrying about whether you are working compliantly with all laws, restrictions, and regulations.

Benefits of Using EOR Services in Latvia

For Employers

As an employer, you are usually responsible for all legal aspects regarding your employees’ employment. In a new country, this process will probably take some more effort, but it does not have to. We have extensive experience with Latvian payroll, taxes, and other local laws and regulations at Bradford Jacobs.

We can help you with the following:

  • A tailored solution that fits your company’s needs and plans.

  • Local experts inform you about all you want to know about the Latvian market.

  • Providing EOR best practices on tax, treaties, expenses, and social security.
  • Fast-paces and efficient hiring.
  • Easy withdrawal from the market without worrying about labour contracts.

  • A hassle-free start of your Latvian journey within days.

Benefits of PEO services for employers

Offering You
Expert Guidance

Benefits of PEO services for employees

Keeping Your
Employees Happy

For Employees

Employees are the central core of your business. They keep the engine running; therefore, creating a stable agreement that satisfies both employer and employee is essential. As a legal employer, the EOR is responsible for keeping employees happy with the work agreement. Due to our broad network and experts, we can offer employees great benefits and a reliable, compliant employment contract.

We will make sure they enjoy the following:

  • Rapid and transparent onboarding.

  • An employment contract compliant with Latvian regulations.

  • A monthly agreed salary paid on time.
  • Excellent benefits such as pensions and insurance.
  • A regular point of contact.

  • Up-to-date information and consultation about changes in Latvian regulations.

Contact Us

Join Our Newsletter

Stay up to date with latest service offerings while receiving tips and strategies for making your next remote hire.

JOIN US