Baltic assist - Tailored Outsourcing Solutions

We support companies belonging to international groups. We offer our know-how in a rapidly changing environment along with regulations and local jurisdictional complexity that vary from country to country. At the same time, we help your business to mitigate possible non-compliance risks, achieve success and control on the overall case. The increasing level of technologies allows us to offer our clients to streamline workflows and simplify operations by choosing us as a global provider, which would be responsible for simplifying and centralizing the management of your corporate entities around the globe.

Our expertise

Accounting and bookkeeping services for multinational companies

We offer day-to-day accounting support for your business units (home and abroad) and enable you with a unified way of reporting for all your business departments regardless of the specifics that apply to those countries' accounting and tax legalization. We would ensure your accounting compliance with accounting standards and international regulations.

Our management services include accounting, bookkeeping, financial reporting and consolidation, assistance with financial audit and internal control, VAT registration and administration, bank account management, financial statement preparation, cash management, and more.

Financial statement grouping and consolidation of the parent and subsidiaries in a unique report

We develop and prepare a unified report template that would have the same format accounting for all your group units and companies by creating bridges between local financial data and standardized group accounting. The use of financial statement grouping of the parent and subsidiaries in unique reports enables you to have stand-alone and group data in one file. This is a key element in making the overall analysis and comparison effective, comparable and understandable regardless of the specifics that apply to the accounting and tax legalization of various countries where your business operates. 

This unified data allows multinational companies' management to be more effective in the decision-making process, assess each unit's financial situation and, if needed to, adjust management strategy.

Global tax compliance services

Baltic Assist Finance executives can help you align with current local and national tax developments, prepare, manage and execute tax fillings within a rapidly changing regulatory environment worldwide, and administrate your direct and indirect taxes. 

We offer the following global tax compliance services:

  •       Tax registrations, records maintenance and tax return filings;
  •       Ongoing statutory tax compliance;
  •       Tax advisory regarding local and international tax legislation;
  •       Corporate income tax return and compliance;
  •       Excise taxes and customs duty compliance;
  •       Value Added Tax compliance;
  •       EC Sales and Intrastat.
  •       Personal tax and social security compliance
Global payroll services

We ease the overall payroll function within your multinational corporation by processing your payroll needs accurately, on time, and in all countries where your business operates. We can help you standardise payroll data, ensure compliance with local labour laws, and pay international teams accurately and on time. Our payroll team would take care of compliance with local regulations and procedures (documentation, declarations, payments to local tax authorities and other related parties). 

We can provide a fully managed, standardised payroll service wherever you operate. 

Our global payroll services include:

  •       Dedicated global payroll coordination team/single contract;
  •       Global data validation and reporting;
  •       Integration with client HR and finance systems;
  •       In-country payroll processing (gross to net calculations, sickness and holiday processing, payslip production, tax liability calculations, statutory fillings and reporting);
  •       Preparations of global payments.
Global treasury and cash management

Our team help you to centralize operations of global treasury services instead of having financial staff in each country locally. By centralizing treasury functions, we ensure that multinational corporations optimize global cash flow management and working capital (worldwide control and forecast of cash flow, financing, banking) and make timely payments to their vendors and partners while mitigating potential financial risks. 

We can undersee these Global treasury and cash management tasks:

  •       Select the right treasury software;
  •       Determine the best level of centralization vs. decentralization of global treasury functions;
  •       Choose cost-effective payment methods;
  •       Use cost-competitive exchange rates for global payments;
  •       Forecast cash flow needs;
  •       Establish cash controls for enterprise risk management;
  •       Strategize and perform decision-support functions.

Let your company grow with our management services for multinational corporations.

Corporate secretarial services

Baltic Assist can take care of all the different obligations, procedures, requirements and administrative tasks in each foreign country. We can ensure that your multinational company would comply with all post-incorporation requirements such as payroll tax, pension, further registration with state authorities and other requirements. 

We can help you with the following tasks: 

  •       Filing annual accounts and tax returns with local authorities;
  •       Completing standard legal procedures for directorships, shareholders, entity names and registered addresses;
  •       Drafting customary legal documents;
  •       Managing communications with investors and employees;
  •       Maintenance of books and records;
  •       Constant tracking of entity registrations and compliance deadlines;
  •       Alerts for local regulatory and legal changes.
Single Point of Contact (SPOC)

We can be your single and central point of contact between you and your other service providers. This means we act as the primary liaison, consolidating communication, streamlining processes and ensuring seamless coordination between different functions or service areas (including payroll, HR and local GAAP compliance). In such a way, you avoid the risk of fragmented, misleading communication, lack of accountability, and complexity to operate within a high number of different parties.

Business entity incorporation and liquidation services

Starting or closing a business in a foreign jurisdiction is quite a complex matter. Related obligations, procedures, requirements, and deadlines can differ significantly from country to country. Baltic Assist can support you in the incorporation and liquidation of your portfolio entities. We can take care of the full process to make it as smooth as possible.

Let your company grow with our management services for multinational corporations.

Finance transformation

By ensuring compliance with local accounting and tax requirements, Baltic Assist can help your multinational company deliver finance transformation projects that would benefit the whole group of your entities. We can assist you in reviewing and optimising finance processes, implementing methods of internal controls and various checks, and mitigating the risks of non-compliance with local accounting requirements in each foreign country.

Let your company grow with our management services for multinational corporations.

International regulatory compliance services

Local regulations in each country significantly increase the risk of non-compliance and possible troubles in the future.

Baltic Assist can be your strategic partner to avoid possible risks of non-compliance and ensure that your actions and procedures across your entire group are in line with local requirements. 

We are ready to help you with the following regulatory compliance tasks:

  •       Evaluation of your current regulatory standing across every country and help to solve the country-specific issues, if any;
  •       Monitoring supranational regulatory schemes and the innumerable pieces of local legislation that give them the force of law;
  •       Monitoring and reporting across all your regulatory obligations locally and globally.
Finance function & global finance control

We help you to create finance functions by assessing and providing insights into the finance organization, strategy, technology and processes. Finance function assurance services include:

  • Reporting and consolidation process;
  • Account reconciliations;
  • Finance systems assessment;
  • Analysis and follow-up on key metrics;
  • Assessing whether the performance of the various local business units aligns with the strategy and aims of the whole organization across the group.

Also, our resource would be the main point of contact for all finance-related matters in the regions. 

Our finance professionals make sure to bring together financial control and business control, consolidate- the financial data reported by all your local business units and make sure that information is compliant with IFRS and internal accounting standards.

Pricing

Startups & SMEs
BASE
Starting at 38 € per hour
Team of Accountants
Financial Planning & Consulting
System Setup & Integration
AI Tool Integration & Management
Large Enterprises
Pro

Custom Project
Corporate Finance Consulting
Digital Transformation
Financial Forecasting
RPA Consulting

Dedicate your tasks to our Financial Management Experts

Dedicate your tasks to Baltic Assist and experience the benefits of our comprehensive administration services, including specialized financial management services. Our team functions as an extension of your workforce, dedicated and explicitly chosen for your project. We excel in strategic coordination, compliance and legal support, operational efficiency, risk management, and global talent management.
Additionally, we manage financial operations for SMEs and specific finance functions for corporate clients, ensuring that all aspects of your financial setup are expertly handled.

Steps to get your project up and running

1. Evaluation of workload

First, our financial executives evaluate your current accounting setup and offer a solution.

2. The offer

We sign an agreement, review relevant legal policies and decide on the start date.

3. Introduction to the team

We introduce you to the team who will be responsible for the project. We present new solutions if needed.

4. Providing accesses

We set up access to relevant platforms for our team — for example, accounting systems, banks, payroll software, etc.

5. Project analysis

We analyze your financial operations and agree on work instructions defining the exact tasks, procedures and deadlines so the partnership is fully transparent and data protected.

6. Project start

Our financial team starts a full operation on the agreed tasks and provides continuous suggestions for automation and process streamlining.

Read more about Financial Services

Introductory call

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