
Precise and timely management of payroll and related taxes is a cornerstone of stability and compliance for any company. In the Republic of Moldova, where labor and tax laws change dynamically, maintaining impeccable processes in this area is not just an obligation but a strategic advantage. Our company offers comprehensive services, freeing you from administrative burdens and guaranteeing full compliance with all regulatory requirements.
Why Accurate Payroll and Tax Management Is Critically Important
Effective management of payroll and tax deductions ensures:
- Full Compliance: Helps you avoid fines and penalties from state authorities by adhering to all labor and tax laws.
- Financial Transparency: Provides accurate reporting on personnel expenses, which is key for budgeting and financial analysis.
- Employee Trust: Timely and correct payment of salaries and deductions increases team loyalty and motivation.
- Process Optimization: Allows for efficient management of time and resources, reducing administrative work.
- Risk Minimization: Prevents errors that could lead to tax disputes or labor conflicts.
Our Payroll and Tax Services
We offer a full range of services that covers all aspects of payroll management and related taxes and deductions.
Payroll Calculation and Administration
- Monthly Payroll Calculation: Accurate calculation of gross and net salaries, including bonuses, premiums, vacation pay, and sick leave, in accordance with the labor laws of the Republic of Moldova.
- Preparation of Payroll Statements: We generate detailed payroll statements for each employee.
- Deduction Management: We calculate and administer all mandatory and voluntary deductions (taxes, social contributions, medical contributions, union dues, etc.).
Taxes and Contributions from the Payroll Fund
- Calculation of Taxes and Contributions: We accurately calculate all taxes and mandatory insurance contributions payable by both the employer and the employees.
- Preparation and Submission of Declarations: We timely prepare and submit all necessary tax declarations and reports to the State Tax Service, the National Social Insurance Fund, and the National Health Insurance Company.
- Payment Control: We monitor payment deadlines and advise on the correct remittance of taxes and contributions.
HR Administration
- Preparation of Employment Documents: We prepare and register employment contracts, addenda, and orders for hiring, transfers, changes in conditions, and termination of employment.
- Leave and Sick Leave Management: We administer all types of leave (annual, unpaid, maternity) and sick leave certificates.
- Maintenance of Personnel Files: We maintain and update employee personal files in accordance with legal requirements.
- Preparation of Certificates: We prepare various certificates and documents related to employees’ work activities.
Consultations and Support
- Expert Consultations: We provide up-to-date consultations on all matters related to labor and tax legislation concerning payroll and personnel.
- Representation During Inspections: We prepare for and provide support during inspections by state authorities (Tax Service, Labor Inspectorate, social funds).
- Process Optimization: We offer recommendations to optimize your internal HR and payroll processes to increase efficiency and reduce costs.
Why Choose Us?
Our specialists have deep knowledge and extensive experience in the labor and tax legislation of the Republic of Moldova. We guarantee accuracy, confidentiality, and a personalized approach to each client’s needs. By choosing our comprehensive HR and payroll services, you gain a reliable partner who will ensure impeccable financial management for your business, allowing you to focus on strategic development.