- Global HR Compliance
- Global PEO and payroll
- Work permit for hiring expats via PEO
- Expand without a company set up
- Contractor vs. employee: which is better?
Global Employer of Record / EOR in the Latvia
Global employment services
Businesses in the process of expanding globally often face challenges when it comes to compliantly onboarding employees in foreign countries. In most cases, legal compliance requires the establishment of a legal in-country business entity, a complex, costly and time-consuming process that many employers are not ready to undertake.
To help your organization legally onboard and payroll a workforce in the Latvia, Acumen International offers a global employment solution via our Global Employer of Record (EOR) designed to help you circumvent the legalities of direct hiring, eliminating the need for you to establish a legal entity in the Latvia in order to conduct business there.
Spotlight on Latvia:
Latvia, a country in Northern Europe, is bordered by Estonia to the north, Belarus, and Lithuania to the south, the Russian Federation to the east, and the Baltic Sea to the west. Latvia is divided into 110 municipalities and nine cities, with Riga as the capital.
- Capital: Riga.
- Population: 1,886,198.
- Local currency: Euro (EUR).
- Industries: The agricultural sector is dominated by cattle breeding and dairy farming, in addition to the production of grain cereals (barley, wheat, rye and oats), sugar beets, potatoes and vegetables. Fishing and forestry are also important components of the primary sector. Apart from timber, which is largely exported, Latvia has almost no natural resources. The country has to import all its energy products, mainly from Russia.
Latvia is well-known as an important producer of railway equipment, radios, refrigerators, medicines, timber and steel by-products.
Employ your Selected Workforce in the Latvia via Acumen’s Employer of Record / EOR Solution
Acumen’s Global employment services are designed to provide our clients with professional assistance to meet their global HR needs, such as:
- Global talent acquisition and retention
- Global expansion, to help you quickly enter new global markets without legal and HR compliance risks
- Local support for international clients and their expat employees
Businesses desiring to hire local employees should be prepared to pay competitive salaries, to attract and retain the most qualified candidates. As a global employment organization, Acumen International serves both end employers and service companies representing international clients.
Acumen’s Employer of Record (EOR) service in the Latvia offers an efficient and inexpensive alternative to direct hiring. Our solution gives companies the opportunity to operate in the Latvia, and in 190 international markets where we serve our clients, without registering as a local business entity.
Legally Onboard and Payroll your Employees in the Latvia with Acumen’s Global Employment Solution
Reduce your risks while expanding your business, without establishing your own legal entity in the Latvia. Leave it to Acumen to hire and compensate your employees on your behalf, so you can focus on growing your business.
Acumen’s EOR global employment solution helps businesses to overcome legal challenges by hiring and compensating your local and expat workforce in the Latvia on your behalf, in a risk-free and cost-effective manner.
Partner with Acumen International, and let us help you handle your global employment and HR needs. You can trust Acumen to handle the global employment and HR details of your workforce management in the Latvia, to ensure full compliance with in-country employment laws and changing COVID-19 regulations.
In addition to legally onboarding local citizens, we are able to organize work permits and business visa sponsorship for your expatriate team via our Employer of Record, and employ them on your behalf, once legal permissions have been attained.
With Acumen, you can rest assured that all legal requirements are met for compliant hiring and compensating of your local and expatriate employees in the Latvia, and in 190 countries worldwide where we serve our international clients.