Payroll

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Effective employee remuneration is critical to business success and errors can be costly. Peculiarities in salary calculations, frequent legislation changes, variety of reporting procedures as well as specifics in allowances’ calculations often make the payroll process a challenging task for employers.

Calculation of salary and payroll-related taxes

We proudly provide fully outsourced payroll services for businesses of different sizes across different industries, including managing employee and payroll data, calculation of vacations, business trips, sick leaves, maternity leaves and all other fixed and variable earnings (bonuses, allowances, benefits etc).

Registrations and deregistrations with authorities

Our team can assist with all steps of the employment process, from the registration of employment with authorities and all the way to terminations and the applicable notifications of state bodies.

Preparation and provision of pay slips

We offer client-tailored and fully legislation-compliant payslips’ provision models across our countries.

Payments/Money movement services

In certain countries where the legislation allows for it, we offer money movement services to facilitate our client’s payroll process. Money movement services effectively mean that Eurofast takes over the actual salaries’ payment process on behalf of the client. This service is subject to rules and regulations in each country and is offered at various models across our offices

Preparation and submission of payroll-related reports to the State Authorities

As part of our payroll process, we also take care of calculation and reporting of employer and employee tax and social security contributions.

Representation of the client before the Tax Authorities and assistance in Labor Audits

We can represent clients in front of tax authorities and assist with both regular and ad-hoc labor audits as well as perform compliance due diligence ahead of them.