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Payroll Services

Let’s face it – achieving quality in payroll administration in Latvia is a challenging task not only because of the constantly changing tax rates and regulations. As a business owner operating in Latvia, you are also responsible for calculating the corresponding taxes, social contributions, preparing and submitting various accountancy reports to tax authorities and carrying out other time-consuming operations.

While this may sound complicated, payroll and salary administration is always smooth and easy with Confidentum!

How is Confidentum solution better?

Confidentum has developed a proprietary payroll calculation technology that automates the process and reduces the error margin to a minimum.
Income and social insurance tax calculations and statutory compensations due to sickness, vacations, benefits are calculated automatically and available immediately.
Confidentum will grant you access to the client portal where you can see robust analytics and reports on your payroll data
Along with salary and tax calculations, you will also receive payment orders that can easily be imported into any internet bank
You will get access to automated preparation of frequently used accountancy documents (orders and applications) that will help you to keep all employee records in check
Confidentum will always represent and defend your interests with tax authorities and other labour institution

Confidentum will take care of employment contracts, personnel documentation and its storage in accordance with the law. We will prepare payroll, send payslips, make salary and tax payments, as well as submit reports to state institutions. This will save you time and money and allow you to focus on your company's core business.

Want to know more? Please contact us to learn how we can improve your payroll processes today!

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