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Latvia

Global Employment Solutions & PEO in Latvia

Omnipresent makes it fast and easy to employ remote talent in Latvia. We take care of payroll, compliance, taxes, and admin so you can focus on growing your business.

LatviaLatvia

Omnipresent Employment Rating

Capital City
Riga
Currency
Euro (€, EUR)
Language
Latvian
Payroll Frequency
Monthly
Employment Costs
Termination
Population
1901548

What You Need to Know About Employing in Latvia

Don’t risk non-compliance with local employment, social insurance, and tax regulations.

Select any of the categories below to learn more, and even review our employee cost salary calculator in Latvia.

Quickly compare key information between top countries with our Country Comparison tool.

How it works
Employer Costs
Employee Income Taxes
Employee Social Contributions
Working Hours
Holidays & Vacation
Sick Leave Entitlement
Parental Leave
Annual Leave Entitlement
Severance Pay Entitlement
Termination
Employment Cost Calculator
Latvia

How does Omnipresent Global Employment Solutions work in Latvia?

Omnipresent provides global employment solutions and professional employment organisation (PEO) services for companies looking to grow and build out a global team in Latvia. Traditional methods of establishing global employment and subsidiaries in Latvia typically take months and can incur heavy costs. Omnipresent’s global employment solutions and PEO services is helping hundreds of organisations onboard new employees in Latvia in a matter of days with full compliance of local labour laws. We use a tech-forward approach to streamline the process. 

  • Your company conducts the hiring and candidate selection process in Latvia.
  • Omnipresent hires the selected candidate through our local professional employment organisation in Latvia.
  • We take care of ensuring your new employee is hired in compliance with local labour laws, payroll regulations, benefits and more -- all without needing to set up a subsidiary in Latvia.
  • The individual is legally contracted by Omnipresent but assigned to work for your company and reports to a manager or team in your organisation as your full-time employee.
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Employer Costs in Latvia

Employer costs include State Social Insurance. Use the OmniCalculator to estimate costs, or contact us for further information.

Latvia

Employee Income Taxes in Latvia

The rate of personal taxation varies depending on the income tax bracket the individual belongs to. This ranges between 20% - 31%.

Latvia

Employee Social Contributions in Latvia

Employee contributions include State Social Insurance.

Latvia

Working Hours in Latvia

Average 5-day working week amounts to 40 hours of work. The overtime must be agreed upon in writing. The employee is entitled to an additional minimum of 50 to 100% hourly wage.

Latvia

Holidays & Vacation in Latvia

Please note that the below information covers national holidays and should be used for informative purposes only and not as a guarantee for payroll purposes. While we strive to offer you accurate information, public holidays are subject to frequent changes and can be dependent on regional differences. Should you need more detailed information on public holidays, please consult the government pages of the state and/or the local municipality of your employee.

  • Monday, Jan 01, 2024 - New Year's Day (Jaunais Gads)
  • Friday, Mar 29, 2024 - Good Friday (Lielā Piektdiena)
  • Sunday, Mar 31, 2024 - Easter Sunday (Lieldienas)
  • Monday, Apr 01, 2024 - Easter Monday (Otrās Lieldienas)
  • Wednesday, May 01, 2024 - Labour Day (Darba svētki)
  • Saturday, May 04, 2024 - Restoration of Independence day (Latvijas Republikas Neatkarības atjaunošanas diena)
  • Monday, May 06, 2024 - Restoration of Independence day (substitute day) (Latvijas Republikas Neatkarības atjaunošanas diena (aizstājējs diena))
  • Sunday, Jun 23, 2024 - Midsummer Eve (Līgo Diena)
  • Monday, Jun 24, 2024 - Midsummer (Jāņi)
  • Monday, Nov 18, 2024 - Republic Day (Latvijas Republikas proklamēšanas diena)
  • Tuesday, Dec 24, 2024 - Christmas Eve (Ziemassvētku vakars)
  • Wednesday, Dec 25, 2024 - Christmas Day (Ziemassvētki)
  • Thursday, Dec 26, 2024 - Boxing Day (Otrie Ziemassvētki)
  • Tuesday, Dec 31, 2024 - New Year's Eve (Vecgada vakars)
Latvia

Sick Leave Entitlement in Latvia

If sufficient social contributions were paid, the employee gets payments, paid by the employer or state, depending on the duration of the sickness.

Parental Leave in Latvia

Maternity and parental leave of 56 days each, irrespective of the number of days of prenatal leave utilised prior to childbirth.

Father 10 days of paid leave within 2 months after birth.

Annual Leave Entitlement in Latvia

Minimum of 4 weeks paid annual leave granted in parts. One part of the leave in the current year shall not be less than 2 uninterrupted calendar weeks.

Severance Pay Entitlement in Latvia

Depending on the cause of termination a severance payment can be due. The amount depends on the total time of service.

Termination in Latvia

Termination of the employment contract is subject to statutorily provided causes and different notice periods.

Termination without cause is not permitted.

Global Employment Cost Calculator in Latvia

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Latvia

- annual salary
Base Salary
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Employer's Costs (Estimate)
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Social Security - Unemployment insurance contribution
GBP 695.47
Health Insurance
GBP 695.47
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VAT
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Average Monthly Employer Cost *
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Latvia

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Latvia

Grow your global team. 
Employ the best talent, anywhere in the world

The benefits of growing a global team and finding the best talent anywhere in the world are endless. It’s important to note that labour laws and regulations in Latvia are strict with penalties for non-compliance. Let our team take care of the global employment solutions such as payroll, benefits, compliance, taxes, and admin so you can focus on growing your business. We are here to help you every step of the way.

Want to onboard an international employee today? Get started.

Omnipresent makes it easy to hire, pay, and support your international team with our top-notch services including our global EOR & PEO services. Book a call with us to start building your global team today. Book a call with us to start building your global team today.

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