Hire and pay employees in
Latvia, hassle-free

With Deel, your business can easily hire employees in Latvia. No more worrying about local laws, complex tax systems, or managing international payroll. Deel takes care of everything in 150+ countries.

The average onboarding time frame in Latvia is 3 days with Deel.

Currency

Euro (EUR)

Capital

Riga

Official Language

Latvian

Payroll Cycle

Monthly

Onboard, pay and manage employees in Latvia with Deel.

Usually, to hire in Latvia, your business needs an entity. That means a local office, an address registered as a subsidiary, and an account with a local bank. All of this, plus navigating regional benefits, payroll, tax, and HR laws, can take months.

Deel lets you hire employees in Latvia quickly, easily, and compliantly. We even automate tax document collection, payroll, benefits, and more. For your existing direct employees, we can manage your entire payroll operation from end-to-end.

Download the Guide

All the necessary benefits for Latvia
built right in

Deel allows you to provide localized benefits for employees in Latvia within minutes. All in one manageable online dashboard.

  • Public Health Care
  • Private Healthcare - Unisure (optional)
  • Private Healthcare - Allianz (optional)
  • Global Life Insurance - Allianz

Our quickstart guide to hiring in Latvia

Navigate the tabs below to learn everything you need to know about hiring an employee in Latvia

Minimum Wage Requirements

The minimum monthly salary in Latvia is €700 for 2024 and is set to increase gradually until 2028: 

  • 2024: €700
  • 2025: €740
  • 2026: €780
  • 2027: €820
  • 2028: €860

Individual Income Tax

From January 1, 2025, individual income tax is calculated based on progressive tax rates ranging from 25.5% to 33%. 



Gross Annual Income

Tax Rate

Up to €105,300

25.5%

Over €105,300

33%

Payroll Cost

The employer cost is generally estimated at 23.59% of the employee salary. 
  • Employer Social Security Contribution - 23.59%
  • Health and Safety training - EUR 5
  • Business risk fee per employee - €0.36

Please note: the Employer Social Security Contribution rate may change if the employee receives a retirement/disability/service pension from the state.

These costs are provided as estimates and are intended solely for general informational purposes. To fully comprehend all associated costs and fees related to the terms of any employment agreement for this country, please contact our Sales team for a quote.

Overtime Pay & Maximum Hours

Overtime payment is mandatory. Hours outside of standard work hours are considered overtime. Employees can work a maximum of 8 hours of overtime per week. 

Overtime cannot exceed 48 hours per month and 200 hours per year. For additional hours, employees are paid a minimum supplement of 100% of the hourly or daily wage rate.
Standard working hours are eight hours per day, 40 hours per week. The standard workweek is from Monday to Friday. 
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Hiring in Latvia, hassle-free

With Deel, your business can easily hire employees in Latvia with our EOR solution. If you have an entity, our Global Payroll solution takes care of payroll and compliance for your direct employees. Our 250+ in-house experts handle everything from managing local laws, complex tax systems, or your payroll in Latvia and 150+ countries.

Group (8)

Starting at 599 USD

Management fee

Group (9)

23.59%

Estimate Employer Cost

*of employee salary

Want to learn the cost of hiring an employee in Latvia?

View our Employee Cost Calculator
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