Payroll service for companies

Who needs payroll services?

Outsourcing payroll services is suitable for companies that want the peace of mind that salaries are paid correctly and on time, without errors and without your team spending time crunching numbers. This way, you can focus on your business, knowing that payroll is running reliably in your company.

Is the service suitable for businesses of all sizes?

Yes. We offer payroll services to companies regardless of their industry or size.

What does payroll include?

Payroll is much more than just calculating wages. Our services cover everything you need: payroll, reporting, statutory declarations and other payroll-related processes. We always tailor the whole package to suit your business needs, whether you are a small self-employed person or a larger company.

What happens if the legislation changes?

Our experts actively monitor legal changes to ensure that payroll always remains in compliance.

We handle all payroll

With our payroll service, we take care of all monthly payroll, preparation and submission of tax returns, sending out salary statements, and vacation and compensation calculations.

All you need is input, such as working hours, absences, and employee changes. We'll take care of the rest.

Number of employees and price

Payroll cost depends on the number of employees and starts at 11 euros per employee per month. The price includes the entire monthly process: payroll accounting, declaration preparation, salary notifications and necessary reporting. The final cost depends on the size of your company, the software you use and whether payroll also includes other types of remuneration, such as performance bonuses or international payments.

Foreign workers and international salaries

If your company has employees abroad or you pay salaries to employees in several countries, standard Estonian-centric payroll is not enough. We have experience with cross-border payroll, including Taxation of employees working in Finland or receiving wages from Estonia for a Finnish company. We know the rules of both countries and can avoid a situation where the same fee is taxed incorrectly or twice.

Tax returns and deadlines

Payroll accounting involves statutory deadlines. Timely submission of tax returns to the Tax and Customs Board is an important part of payroll. Grow ensures that declarations are submitted on time and in a correctly formatted format, so you are not responsible for any delays or declaration errors.

Data security and confidentiality

Salary data are among the company's most sensitive data, including personal data, bank account details, and salary-related information. We ensure that data access is only granted to those professionals who directly deal with your payroll, ensuring that the data is handled confidentially and securely.

Switching from your current service provider to us

If your current payroll service isn't meeting your expectations, we make it easy for you to switch providers. We'll take over the necessary data, history, and settings to ensure a smooth and seamless transition.

Payroll yourself, with your own payroll accountant or as a service?

There are three ways to organize payroll: do it yourself with payroll software, hire your own payroll accountant, or outsource payroll as a service.

Payroll software calculates based on the data entered, but the user is responsible for the correct data and tax decisions. Therefore, the software does not replace the payroll accountant, but is their working tool.

When does it make sense to outsource payroll?

Outsourcing payroll makes sense if payroll takes up too much time in a company or if there is a concern about its accuracy. Typical situations are:

• the company is hiring its first employee and has no payroll experience;
• the number of employees is increasing and holiday pay, benefits and bonuses must be calculated every month;
• the company pays salaries to employees working abroad or in several countries;
• the payroll accountant leaves or becomes ill and there is no replacement;
• The current service provider does not meet expectations.

If one of these describes your situation, feel free to ask for a quote!

How to choose a payroll service provider?

When choosing a payroll service provider, it is worth considering what you will be responsible for, what the service provider does, and how payroll data is protected. It is worth asking the following before signing a contract.

1. What's left for me to do? A good provider will say exactly what the company provides (working hours, absences, changes) and what the provider does (accounting, declarations, payslips, vacation pay calculation).
2. What software is used? Payroll software must be compatible with the company's accounting program so that payroll data moves between systems automatically.
3. How is salary data protected? Payroll data includes personal information and bank account details, so ask who has access to it and how the data is protected.
4. What is included in the price? Ask if the price includes declarations, salary notifications, and reporting, and what additional charges apply, such as performance fees or international payments.
5. How does the transition happen? A good provider will take over your data, history, and settings to make the transition smooth and seamless for you.