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                            Other audit services
                            We help clients with the application and use of foreign financial aid of EU and other funds and help prepare financial reports.
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                            Audit calculator
                            The calculator will answer if the company's sales revenue, assets or number of employees exceed the limit of an inspection or audit.
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                            Payroll and related services
                            We perform payroll accounting for companies whether they employ a few or hundreds of employees.
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                            Tax accounting
                            Grant Thornton Baltic's experienced tax specialists support accountants and offer reasonable and practical solutions.
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                            Reporting
                            We prepare annual reports in a timely manner. We help to prepare management reports and various mandatory reports.
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                            Consolidation of financial statements
                            Our experienced accountants and advisors help you prepare consolidation tables and make the consolidation process more efficient.
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                            Consultancy and temporary staff
                            Our experienced specialists advise on more complex accounting transactions, rectify poor historic accounting, and offer the temporary replacement of an accountant.
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                            Outsourced CFO service
                            Our CFO service is suitable for companies of all sizes and in all industries. We offer services to our clients in the required amount and competences.
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                            Assessment of accounting processes
                            We help companies to implement accounting practices that are in compliance with local and international standards.
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                            Accounting services for small businesses
                            We offer affordable service for small businesses. We help organize processes as smartly and cost-effectively as possible.
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                            Cryptocurrency accounting
                            We keep up with blockchain technology to serve and advise crypto companies. We are supported by a network of colleagues in 130 countries.
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                            Trainings and seminars
                            Our accountants have experience in all matters related to accounting and reporting. We offer our clients professional training according to their needs.
 
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                            Business advisory
                            We offer legal support to both start-ups and expanding companies, making sure that all legal steps are well thought out in detail.
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                            Fintech advisory
                            Our specialists advise payment institutions, virtual currency service providers and financial institutions.
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                            Corporate advisory
                            We advise on legal, tax and financial matters necessary for better management of the company's legal or organizational structure.
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                            Transaction advisory
                            We provide advice in all aspects of the transaction process.
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                            Legal due diligence
                            We thoroughly analyze the internal documents, legal relations, and business compliance of the company to be merged or acquired.
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                            In-house lawyer service
                            The service is intended for entrepreneurs who are looking for a reliable partner to solve the company's day-to-day legal issues.
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                            The contact person service
                            We offer a contact person service to Estonian companies with a board located abroad.
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                            Training
                            We organize both public trainings and tailor made trainings ordered by clients on current legal and tax issues.
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                            Whistleblower channel
                            At Grant Thornton Baltic, we believe that a well-designed and effective reporting channel is an efficient way of achieving trustworthiness.
 
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                            Business model or strategy renewal
                            In order to be successful, every company, regardless of the size of the organization, must have a clear strategy, ie know where the whole team is heading.
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                            Marketing and brand strategy; creation and updating of the client management system
                            We support you in updating your marketing and brand strategy and customer management system, so that you can adapt in this time of rapid changes.
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                            Coaching and development support
                            A good organizational culture is like a trump card for a company. We guide you how to collect trump cards!
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                            Digital services
                            Today, the question is not whether to digitize, but how to do it. We help you develop and implement smart digital solutions.
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                            Sales organisation development
                            Our mission is to improve our customers' business results by choosing the right focuses and providing a clear and systematic path to a solution.
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                            Business plan development
                            A good business plan is a guide and management tool for an entrepreneur, a source of information for financial institutions and potential investors to make financial decisions.
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                            Due diligence
                            We perform due diligence so that investors can get a thorough overview of the company before the planned purchase transaction.
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                            Mergers and acquisitions
                            We provide advice in all aspects of the transaction process.
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                            Valuation services
                            We estimate the company's market value, asset value and other asset groups based on internationally accepted methodology.
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                            Forensic expert services
                            Our experienced, nationally recognized forensic experts provide assessments in the economic and financial field.
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                            Business plans and financial forecasts
                            The lack of planning and control of cash resources is the reason often given for the failure of many businesses. We help you prepare proper forecasts to reduce business risks.
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                            Outsourced CFO service
                            Our CFO service is suitable for companies of all sizes and in all industries. We offer services to our clients in the required amount and competences.
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                            Reorganization
                            Our experienced reorganizers offer ways to overcome the company's economic difficulties and restore liquidity in order to manage sustainably in the future.
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                            Restructuring and reorganisation
                            We offer individual complete solutions for reorganizing the structure of companies.
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                            Corporate taxation
                            We advise on all matters related to corporate taxation.
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                            Value added tax and other indirect taxes
                            We have extensive knowledge in the field of VAT, excise duties and customs, both on the national and international level.
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                            International taxation
                            We advise on foreign tax systems and international tax regulations, including the requirements of cross-border reporting.
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                            Transfer pricing
                            We help plan and document all aspects of a company's transfer pricing strategy.
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                            Taxation of transactions
                            We plan the tax consequences of a company's acquisition, transfer, refinancing, restructuring, and listing of bonds or shares.
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                            Taxation of employees in cross-border operations
                            An employee of an Estonian company abroad and an employee of a foreign company in Estonia - we advise on tax rules.
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                            Tax risk audit
                            We perform a risk audit that helps diagnose and limit tax risks and optimize tax obligations.
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                            Representing the client in Tax Board
                            We prevent tax problems and ensure smooth communication with the Tax and Customs Board.
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                            Taxation of private individuals
                            We advise individuals on personal income taxation issues and, represent the client in communication with the Tax and Customs Board.
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                            Pan-Baltic tax system comparison
                            Our tax specialists have prepared a comparison of the tax systems of the Baltic countries regarding the taxation of companies and individuals.
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                            Internal audit
                            We assist you in performing the internal audit function, performing internal audits and advisory work, evaluating governance, and conducting training.
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                            Internal Audit in the Financial Services Sector
                            We provide internal audit services to financial sector companies. We can support the creation of an internal audit function already when applying for a sectoral activity license.
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                            Audit of projects
                            We conduct audits of projects that have received European Union funds, state aid, foreign aid, or other grants.
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                            Prevention of money laundering
                            We help to prepare a money laundering risk assessment and efficient anti-money laundering procedures, conduct internal audits and training.
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                            Risk assessment and risk management
                            We advise you on conducting a risk assessment and setting up a risk management system.
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                            Custom tasks
                            At the request of the client, we perform audits, inspections and analyzes with a specific purpose and scope.
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                            External Quality Assessment of the Internal Audit Activity
                            We conduct an external evaluation of the quality of the internal audit or provide independent assurance on the self-assessment.
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                            Whistleblowing and reporting misconduct
                            We can help build the whistleblowing system, from implementation, internal repairs and staff training to the creation of a reporting channel and case management.
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                            Information security management
                            We provide you with an information security management service that will optimise resources, give you an overview of the security situation and ensure compliance with the legislation and standards.
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                            Information security roadmap
                            We analyse your organisation to understand which standards or regulations apply to your activities, identify any gaps and make proposals to fix them.
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                            Internal audit of information security
                            Our specialists help detect and correct information security deficiencies by verifying an organization's compliance with legislation and standards.
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                            Third party management
                            Our specialists help reduce the risks associated with using services provided by third parties.
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                            Information security training
                            We offer various training and awareness building programmes to ensure that all parties are well aware of the information security requirements, their responsibilities when choosing a service provider and their potential risks.
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                            Digital Operational Resilience Act (DORA)
                            We will help you create a DORA implementation model that meets your company's needs and ensures that you meet the January 2025 deadline.
 
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                            ESG advisory
                            We help solve issues related to the environment, social capital, employees, business model and good management practices.
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                            ESG audit
                            Our auditors review and certify sustainability reports in line with international standards.
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                            Sustainable investments
                            We help investors conduct analysis of companies they’re interested in, examining environmental topics, corporate social responsibility and good governance practices.
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                            Sustainable tax behaviour
                            Our international taxation specialists define the concept of sustainable tax behaviour and offer services for sustainable tax practices.
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                            ESG manager service
                            Your company doesn’t necessarily need an in-house ESG manager. This role can also be outsourced as a service.
 
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                            Recruitment services – personnel search
                            We help fill positions in your company with competent and dedicated employees who help realize the company's strategic goals.
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                            Recruitment support services
                            Support services help to determine whether the candidates match the company's expectations. The most used support services are candidate testing and evaluation.
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                            Implementation of human resource management processes
                            We either assume a full control of the launch of processes related to HR management, or we are a supportive advisory partner for the HR manager.
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                            Audit of HR management processes
                            We map the HR management processes and provide an overview of how to assess the health of the organization from the HR management perspective.
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                            HR Documentation and Operating Model Advisory Services work
                            We support companies in setting up HR documentation and operational processes with a necessary quality.
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                            Employee Surveys
                            We help to carry out goal-oriented and high-quality employee surveys. We analyse the results, make reports, and draw conclusions.
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                            HR Management outsourcing
                            We offer both temporary and permanent/long-term HR manager services to companies.
 
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                            Digital strategy
                            We help assess the digital maturity of your organization, create a strategy that matches your needs and capabilities, and develop key metrics.
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                            Intelligent automation
                            We aid you in determining your business’ needs and opportunities, as well as model the business processes to provide the best user experience and efficiency.
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                            Business Intelligence
                            Our team of experienced business analysts will help you get a grip on your data by mapping and structuring all the data available.
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                            Cybersecurity
                            A proactive cyber strategy delivers you peace of mind, allowing you to focus on realising your company’s growth potential.
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                            Innovation as a Service
                            On average, one in four projects fails and one in two needs changes. We help manage the innovation of your company's digital solutions!
 
            
With everything else that is happening in the world, the pandemic era is starting to fade from memory. But remote working is here to stay. That is borne out by the new Occupational Healthcare and Safety Act that entered into force on 19 November 2022, which lays down a more specific framework for employee and employer responsibilities in remote work arrangements.
The classic example is that of an employee sitting under a palm tree clattering away at their keyboard when a coconut hits them on the head. It’s an urban legend but in practice quite a thorny, real problem. How so? Such an accident used to be counted as an on-the-job accident according to the previous regulation. The new act however lays down the rules for organizing telework, which should avoid such absurdities.
First of all, an employee who is fond of working from home is no different from an employee who defies morning rush hour traffic to show up at the office. The employer must also ensure that the remote worker has appropriate work equipment, conduct regular health checks, pay compensation for sick days and investigate on-the-job accidents. However, the legislation provides for exceptions in the employer’s obligations that acknowledge that the employer has limited options in certain aspects of organizing work being done from home.
Risk assessment is not enough
One such employer obligation is to conduct a workplace risk assessment. The risk assessment must be based on the nature of the work, use of the workstations and work equipment, and risks related to the organization of work. If an employee is working from different locations (home, summer house, café or foot of a palm tree), the employer cannot in reality check all potential remote locations or assess risks there. Interviews, photos, video footage other documents, if possible, on-site inspections are possible. Yet without employee consent, risk assessments cannot be conducted in their home, because right to privacy is enshrined by the Constitution. Employers can draw up the obligatory risk assessment questionnaire, which must be filled in by every employee before they are cleared for remote work. The most general option is to recognize the risks related to remote work in a generalized form in the risk analysis. As to preparing the workplace risk assessment, we recommend consulting experts who can recommend measures for avoiding or mitigating health risks to employees.
Before clearing employees for remote work, employers must proceed from the risks and their health impacts and measures for avoiding harm to health. For office workers, that means instructions on the ergonomically correct work positions and techniques from electricity and fire safety requirements and instructions for refraining from contaminating the environment etc. It is wise to lay these down in the instructions in the internal work procedures or prepare as a separate set of remote work guidelines. It is particularly important to devote attention to measures for preventing risks associated with remote work. The corresponding supervision should be continued regularly to ensure that employees have sufficient knowledge for ensuring safe remote work.
Remote work locations to be furnished by mutual agreement
The parties must agree on how to design and furnish the remote work location. Essentially it is an agreement on who will buy a suitable desk and chair and other necessary office furniture. The employer does not have the furnish a location suitable for remote work if it already exists in the employee’s home, summer house or other location or the employee is willing to provide their own work location. Nor does the employer have to design a remote work location outside the employee’s place of residence, such as a library or café. To sum up, those interested in working remotely should consider that employers do not have to furnish remote work locations at the demand of the employee and employers do not have the right to demand the same of the employee. If the parties fail to reach agreement on furnishing a remote work location, then working remotely should not even be under discussion.
To balance the employer’s obligations, the employee is obliged to ensure, in line with the employer’s guidelines, safety and suitable work conditions in their own work location. The employee’s occupational health and safety obligations do not release the employer of appropriate liability, except for limitation of liability if the employer has done its utmost but the employee has disregarded the guidelines. All of the above means that if the employer has instructed the employee to avoid sitting beneath a palm tree while working remotely and the employee ignores this, the employer cannot be held liable for any injury suffered due to a falling coconut or failure to prevent an on-the-job accident.
If you have similar challenges and questions, please contact our specialists.
 
                                         
                                         
                             
                                     
             
                                        