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Our news We were recognized for long-term cooperation
In the end of 2022, Grant Thornton Baltic received the Partner Excellence Award from its cooperation partner, the global business services provider ADP, for 15 years of excellent cooperation in payroll processing for ADP clients in the Baltic countries.
Payroll Home
Our news We were recognized for long-term cooperation
In the end of 2022, Grant Thornton Baltic received the Partner Excellence Award from its cooperation partner, the global business services provider ADP, for 15 years of excellent cooperation in payroll processing for ADP clients in the Baltic countries.
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Transaction advisory We advised OÜ Rannu Seeme in the transaction of the exit of a shareholder
Grant Thornton Baltic's transaction advisory team helped OÜ Rannu Seeme develop the conditions for the exit of the partner, including advising on the execution and formalization of the transaction.
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HR management Sink or swim: well-organized HR work also gives a smaller company a competitive advantage.
Employees are the greatest asset of any company, upon which competitive advantage is built - but they are also one of the largest cost factors. Every business leader should think about on whether we are doing all we can, to preserve this investment and whether we are making the most of our employees' potential.
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Case study We advised German company RAUMEDIC
Grant Thornton Baltic OÜ advised German company RAUMEDIC AG on the acquisition of aktsiaselts A&G. RAUMEDIC AG is a leading developer and manufacturer of systems and components and a partner to medical and pharmaceutical industries. Core business of aktsiaselts A&G is production of medical supplies.
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      • Sink or swim: well-organized HR work also gives a smaller company a competitive advantage.
      • Grant Thornton Baltic's family of sworn auditors has expanded!
      • For the e-Governance Academy, an internal auditor is seen as a good colleague
      • Internal auditors help keep companies trustworthy
      • An outside set of eyes gives additional assurance
      • We were recognized for long-term cooperation
      • How The Manager Can Support Recruitment Processes
      • We advised OÜ Rannu Seeme in the transaction of the exit of a shareholder
      • Tartu musketeers – one for all and all for one
      • Grant Thornton supports pharma company’s IPO
      • Let the coconuts fall where they will. Remote work is now more precisely regulated
      • The formula for successful recruitment: salary alone isn’t tempting enough
      • Last season was crowned with success
      • We advised a venture capital fund’s investment into the start-up Qualitista
      • We advised the importer of Audis on the sale of a stake
      • Taxation of employee share plans
      • Deleting a branch of a foreign company from the Commercial Register
      • A new partner at Grant Thornton Baltic
      • Recruitment as a company’s calling card
      • Selling a company in hard economic times is harder but not impossible
      • Negative net assets and related issues
      • Three decades on a path of growth
      • The Commercial Register will get a separate act and the Commercial Code will be amended
      • We advised a venture capital fund’s investment into the start-up Jobbatical
      • What is due diligence?
      • Clampdown on crypto companies creates a shortage of auditors
      • Internal audit set to become compulsory in local governments
      • Behind and in front of the lens – let’s get acquainted!
      • The future of ESG (Environmental, Social, and Governance) reporting explored
      • Mandatory sustainability reporting for large companies
      • IFRS Interim Example Financial Statements 2022
      • Amendments to Employment Contracts Act enter into force on 1 August
      • Good work gets deserved recognition
      • Grant Thornton Baltic supports accounting client in becoming publicly listed
      • Another start-up goes public, with an assist from Grant Thornton Baltic
      • Planning and communication are front and centre in crisis management
      • Our auditors’ work receives top rating
      • Opening the door to diverse talent
      • Six important questions about whistleblowing
      • Developments in Estonia on the global minimum tax front
      • Creating competitive advantage through sustainability
      • Towards a sustainable business
      • COP26 provides a turning point for mid-market companies
      • Some useful advice on declaring income
      • Grant Thornton Baltic provides support for Airobot’s public market debut
      • The experience of a businessman who sold his life’s work: how to get top dollar from the Chinese
      • The ABCs of hiring a new employee
      • Keeping hand on the global business pulse
      • Key changes in tax legislation in the Baltics in 2022
      • Changing the perception of whistleblower as martyr means new obligations for companies
      • A sworn auditor who seeks challenges and excitement at work and leisure
      • We advised German company RAUMEDIC
      • Know the rules for video surveillance
      • A properly formed supervisory board can be the key to the business take off
      • Grant Thornton Baltic helps Hepsor to make its stock market debut
      • Amendments to transfer pricing regulation put more focus on profit shifting
      • Changes were made to the regulations of tax havens
      • VAT reduction possible on bad debts from 2022
      • We advised international insurance broker Howden on entering the Estonian market
      • Chief accountants and CFOs: don’t forget an important task before Christmas!
      • Child leave system to change next year
      • Example Financial Statements 2021
      • Audit your auditor
      • The key to profitable business: data-based decision-making
      • Audit, review or neither?
      • Turning a blind eye to data protection can end up costing millions
      • Whistleblowing and reporting misconduct
      • Processing of employees’ personal data in the context of the coronavirus pandemic
      • Transfer pricing in case law: use of comparison data to determine transfer price
      • Deadline for workplace risk assessments is approaching
      • Inclusively leading through change
      • Tips for maximizing the longevity of a family business
      • What future awaits the Automotive Industry?
      • 3 suggestions on how to return to normal working life
      • European tax reform brings savings to companies
      • Key changes in tax legislation in the Nordic Baltic region in 2021
      • Attention, packaging undertakings!
      • Transfer pricing: OECD supplements guidance on financial transactions
      • Key business questions facing technology companies in 2021
      • New guide provides tips for conducting a public procurement to contract for audit services
      • Error-strewn data in the Commercial Register
      • Streamlining accounting and auditing of packaging reports
      • Anastasia Borovaja: “Working to make sure both the team and customers are satisfied!”
      • Easy tips for turning data into a goldmine
      • Aivar Kangust: entrepreneurs could be less hesitant to ask for advice
      • Survey: the risk of money laundering is recognized, but no action is taken
      • What possibilities do employers have to stay afloat in a crisis?
      • Home offices have been the biggest game-changer in employment relationships
      • The Estonian Auditors’ Association has made suggestions for development of the Commercial Register.
      • Financial advisory: we advised Stell Eesti AS on the acquisition of Kyyrix OÜ
      • Financial advisory: analysis of the energy networks
      • Women, men and equality
      • Global transfer pricing guide – new tool for international companies
      • Transfer pricing in case law: Finnish tax authority vs. A Oy
      • Key changes in tax legislation in the Baltics in 2021
      • Key changes in taxation of temporary agency work came into force
      • Annual reports – an unsung marketing method
      • Listed companies get extension for complying with new requirement
      • 2021 We have a new Head of Legal Services
      • Consolidation and Brexit
      • Let’s open the cookies(jar)
      • Whats up with WhatsApp?
      • We advised BlackFin on its investment in financial start-ups
      • Why determine the value of assets at a company and how to choose the right method?
      • What is the difference between a good and a mediocre financial manager?
      • Marge Litvinova | 5 questions for the Head of People & Culture
      • IT audit – it may look like an expense, but in real life, it’s savings
      • Streamlining accounting and auditing of packaging reports
      • Assurance and advisory services: Amserv Grupp AS
      • Increased outsourcing is grist for our mill
      • Grant Thornton Baltic has new partners in Estonia and Lithuania
      • Transfer pricing 2020 – three problems and three solutions
      • The ever-saturating sphere of e-commerce: how to stay alive and prosper?
      • Remote working leads the concept of employment injury to absurd
      • Riin Veidenberg has been awarded the qualification of a certified internal auditor
      • Information security audit helps a company save money
      • Transmission of personal data to the US – mission impossible?
      • Pillar II: In October, the ball is in the hands of pension collectors
      • Comparison: best customer relationship management (CRM) software 2020
      • Superficiality in assessing consumer creditworthiness – unintentional mistake?
      • Anyone involved in business may be involved in money laundering
      • Business plan and financial forecasts: Milrem Robotics Type X
      • Unemployed people can temporarily work, and their benefits increase
      • A race for digital business models
      • A five-year leap in two months: remote work as a new norm
      • Collecting debts during the crisis
      • The activities of companies in preventing money laundering are being scrutinized
      • Prosecuting offenders will be easier and the penalties will be bigger in the future
      • Internal auditor: in-house or service provider?
      • Overcoming the crisis through strategic repositioning and business model innovation
      • Our experience: the main shortcomings in preventing money laundering
      • Business plan Business plan as the backbone of the companyas the backbone of a company
      • Distributing non-declared equity contributions are not automatically subject to income tax
      • Remote authentication – a possibility to carry out a notarial transaction from home
      • How to account for the Unemployment Insurance Fund's temporary subsidy?
      • Auditor’s liability and insurance
      • How will the new situation affect accounting and auditing?
      • Maili Torma, a data protection specialist at Grant Thornton Baltic, received the ISO27001 lead auditor certificate.
      • New paternity leave system comes into effect from 1 July
      • How to use a crisis situation to improve risk management?
      • Entrepreneur's plan B: re-establishing business through reorganization
      • Commercial Code: the minimum nominal value of a share in private limited company shall become one cent
      • The debtors are not obliged to submit bankruptcy petitions in the coming months
      • How to organize a general meeting of shareholders regarding to COVID-19?
      • Is the emergency situation a force majeure, which exempts from fulfilling contracts?
      • How to apply for employee benefits from temporary subsidy program?
      • There are opportunities for labour cost savings
      • Latvia and Lithuania: government support for businesses affected by COVID-19
      • Grant Thornton Baltic advises AS Baltika in reorganization proceedings
      • Tax payments in emergency situation (as of 24.04.2020)
      • Surety and loans from KredEx
      • Who and under what conditions receive unemployment benefit?
      • Who ensures that remote workers have a healthy working environment?
      • Towards a sustainable business
      • Should the influence of the coronavirus be recognized in the 2019 financial statements?
      • Managing your company liquidity and cash flow during a crisis
      • How to protect copyright in employment relationships?
      • What can employers do to minimize losses from coronavirus?
      • We evaluated Graanul Invest's factories in Estonia, Latvia and Lithuania
      • Estonian entrepreneurs are passing the torch to a new generation
      • 5 ideas for getting more benefits out of the work done by auditors
      • Important fact to remember when selling your shareholding in a company
      • The workforce crisis not relenting: now is the time to recruit for tomorrow
      • 2019 was the most successful year in recent times
      • Key changes in tax legislation in the Baltics in 2020
      • A pay raise for employees returning from childcare leave?
      • Bottlenecks in the Electricity Market Act from the perspective of electricity undertaking
      • Alongside optimism, possible dangers also lurk for farmers
      • Remote work – securely flexible?
      • How to seek the return of a contribution transferred to the registrar’s account upon founding a private limited company?
      • The CFO as the company’s digital innovation leader
      • Cash equivalents in IAS 7
      • Max Headroom, and IAS 36 impairment disclosures
      • Time to set goals and compile a budget
      • Change in recognition of operating lease agreements in accounting
      • Stock-taking helps prevent and detect fraud
      • Why is it a good idea to have your company’s financial statements audited?
      • What ensures a good auditor-client working relationship?
      • A no-deal Brexit
      • Some guidelines for stock-taking
      • Why are companies still taking the phishing bait?
      • 15 years in Tartu
      • What is a source document?
      • The nine steps for determining transfer pricing
      • A local government establishes a position of internal auditor – what is the next step?
      • Calculation of parental benefit to change starting 1 September
      • Grant Thornton Baltic advised investors who acquired ISS Estonia
      • Don’t forget to dismiss your temporary employee after the contract ends!
      • Lithuanian company EUGESTA aqcuired well-known Estonian coffee equipment vendor
      • How to make a company grow in speed of Formula 1?
      • Influence of start-ups on the Estonian economy just keeps increasing
      • When an employment relationship ends in discord
      • How much does internal audit cost?
      • What happens if a company gives a loan to a board member or shareholder?
      • GDPR in Lithuania
      • The other data protection topics in addition to the GDPR
      • Why do we need the GDPR?
      • Secure your company’s best performing digital assets!
      • The General Data Protection Regulation – 12 months later
      • Processing of personal data in employment relations
      • Working on public holidays must be paid at double the rate
      • What if your accountant isn’t working a few cubicles away?
      • Transaction advisory: Balti Spoon OÜ acquires Polish veneer factory
      • The formula for rapid growth
      • The ice has finally started moving
      • A very successful year for Grant Thornton
      • Want total certainty? Ask for advice!
      • A new crisis or the new normal?
      • Untapped opportunities for Estonian online sellers
      • It is time to submit the INF 14 parts I-III!
      • Occupational safety obligations of employer are getting a bit easier
      • Changes in employment register filings
      • Changes to Commercial Code make doing business easier
      • Key changes in tax legislation in the Baltics in 2019
      • 8 reasons to outsource payroll
      • Why manage people instead of money and financial results?
      • Grant Thornton Baltic's payroll service received an international award
      • United Motors to acquire Peugeot and Hyundai distributor
      • How to acquire a company so you won’t regret it later?
      • The overlooked side of employer branding
      • Is your company managed based on a competitive strategy?
      • New rules on VAT will simplify e-commerce
      • Estonian companies prefer outsourcing payroll
      • A formula for alleviating workforce problems
      • Is the workload for accountants rising again?
      • Innovation and how to manage it
      • Taxation of the digital economy still unclear
      • The General Data Protection Regulation – five months of chaos!
      • New guide on transfer pricing
      • It can’t get any better
      • Obligation to disclose data regarding beneficial owners
      • A reference for preparing annual reports
      • 5 steps to company's GDPR compliance
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      • Obligation to publicly disclose beneficial owners of companies
      • Two addresses for Estonian companies managed from abroad
      • Gender balance and other ways of increasing diversity
      • Why is it good to map data and create a data inventory
      • Party in 2018, hangover in 2019?
      • A reminder about preparing holiday schedules
      • New global CEO takes office
      • Estonian companies managed from abroad must designate contact person
      • Grant Thornton Baltic helping to make Estonia more successful
      • Is a new wave of Estonians emigrating for work about to begin?
      • Major changes in tax legislation in 2018
      • Reminder: main changes in tax legislation in 2017
      • LEI code – new obligation for companies that hold securities
      • Grant Thornton’s data protection officers at your service
      • When a cyber criminal breaks into the house
      • Military vehicle maintenance company was sold to the Finns
      • Basic income tax exemption requires cooperation
      • Changes to be introduced to resolution of labor disputes
      • Case study
      • General Data Protection Regulation
      • Passing the torch smoothly in a family business
      • Estonia taking over EU Presidency: great opportunity to foster digital technology innovation
      • Private sector involved in developing Estonia’s e-residency programme
      • Locking down the value of data
      • Optimism of entrepreneurs is record high
      • Estonia’s entrepreneur of the year: the biggest risk is laziness
      • Handling cash – requirements that tend to be forgotten
      • A bronze medal for Estonia’s female execs!
      • Changes in internal audit standards
      • The trend in the Year of the Rooster – ethics and fraud in companies
      • Preparing an annual report and changes in the rules
      • Employees posted to Estonia must be registered with the Labour Inspectorate
      • Confusion over the future EU-Britain trade relations
      • Key tax changes in the Baltic states
      • Changes in internal audit standards
      • Payment of dividends
      • Packaging companies to begin undergoing checks
      • Management judgments in financial statements
      • Fraud cases with VAT payments
      • Will businesses start planning taxes differently?
      • Which companies have to audit this year’s annual report?
      • Transfer pricing guide
      • Learn about indirect taxes in various countries
      • Landmark German ruling points up challenges of international tax law
      • What lies ahead for the hotel business: revolution or decline?
      • Who will gain from the change in the threshold for registration as VAT payer?
      • Attention, management board members
      • Management board member agreements and employment contracts
      • Insecurity growing in every corner of the world
      • What should be the criteria for choosing outsourcing service?
      • Money is a bigger motivator for female executives than for male counterparts
      • Reminder: important day arrived for creditors and credit intermediaries!
      • Building tomorrow's $bn businesses
      • Key tax changes in the Baltic states
      • The tourism sector is wobbling on its feet
      • Three possible business exit strategies
      • A growing trend – outsourcing payroll accounting
      • Are clients moving to the web, lock, stock and barrel?
      • A reminder about preparing annual reports
      • IBR Growth Barometer
      • First anniversary of e-residency program
      • IASB releases new Standard on leases
      • Documenting transfer prices to keep tax risks under control
      • BEPS
      • Company cars and VAT
      • Documentation of transfer prices
      • Voluntary imposition of VAT on an immovable
      • Commercial register scrutinises companies' equity
      • Review of transfer prices
      • Protection of business secrets
      • A tale of two balance sheets
      • VAT on electronically-supplied services
      • Digital e-residency card
      • Term 'own use of a passenger car' is retired
      • Tax changes 2014-2015
      • New procedure for tax exemptions
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