Bookkeeping and accounting

Professional bookkeeping services for business and private entrepreneurs


Professional accounting support for companies and individuals.  Entrust bookkeeping to professionals with 15 years of experience!

Accounting company BBCRiga – full responsibility for confidentiality, accuracy and timely execution of services

BBCRiga is a reliable accounting outsourcing partner that values punctuality and confidentiality.

The accounting company BBCRiga has been operating in the Latvian financial market for more than 15 years and during this time has gained valuable experience in servicing various clients. Outsourcing of accounting services has become a more common solution for many businesses today. Saving costs, focusing on core business functions, and resolving performance issues are major factors in using outsourcing. Both small companies and many leading organizations are using bookkeeping outsourcing to drive transformational change and improve business outcomes.

We are professionals in our field, a reliable accounting firm with an individual approach to each client. Briefly about the company:

  • Team: Our main asset is our team. We have zero personnel turnover, all our accountants work in-house on a regular basis.
  • Experience: 15-year experience of work in various sectors of business. Please see the main list of sectors below.
  • Individual approach: each client shall have a separate accountant who will be responsible for the client from the moment of collection of source documents until reporting.
  • Quality control: chief accountant monitors the accountants’ work and all tax accounts are submitted only after relevant verification and validation.
  • Sinergy: due to the fact that we have in-house accountants and lawyers with different areas of expertise the majority of the client’s tasks are solved within one office.
  • Insurance: we insure our accounting responsibility and in case of mistakes the insurance company covers the client’s losses (this, however, has never occurred)
  • Due diligence: we are very serious about the new legislation requirements with regard to anti money laundering and tax evasion. In 2019 we created an internal compliance department that monitors the clients’ transactions, which allows us to minimize our own and clients’ risks.
  • Flexible pricing: determining the price, we take into account many factors and always find the golden mean, in which cooperation is beneficial to both parties.


    Providing accounting services, we immerse ourselves in the intricacies of our clients’ business and strictly monitor the correctness of paperwork, advise on tax issues and perform our work at the highest level. Consultation of an accountant is available to our client at any convenient time.

We provide accounting services for clients from various industries

On a regular and long-term basis, we work with the following branches:

  • export and import operations with any commodity groups (accounting methods do not change in any way in relation to the type of commodity)
  • retail trade (children products, apparel, household appliances, tobacco products)
  • trading of goods and services on the Internet
  • production (medical supplies, alcoholic drinks)
  • transportation and logistics business
  • public catering
  • IT
  • education
  • and other

As of 2020 our portfolio of clients comprises about 100 active clients.

Accounting services from BBCRiga company. How we work

The accounting company offers its clients full-fledged accounting support, i.е. full accounting of the company.

Accounting services include the following services:

  • enter all data into accounting software, which includes incoming/outgoing invoices, downpayments, bank transactions, cash journal documents, fixed assets, etc.
  • payroll: calculate salaries, leave allowances, illness payments implementing relevant documentation
  • prepare and file tax reports to EDS of the State Revenue Service (which includes VAT declarations, notifications about mandatory social security contributions, personal income tax, income tax on enterprises and other reports);
  • prepare and submit annual financial statements, which includes declarations on income tax on enterprises
  • verify the transactions with regard to their compliance with the agreements and regulations of the Latvian Republic
  • prepare monthly financial statements for the needs of the internal control of the clients
  • participate in the topic-specific checkups and tax audits initiated by the State Revenue Service or the client, prepare and deliver necessary information
  • prepare letters, applications, notifications and other documents for submission to the State Revenue Service and other state and self-governmental institutions
  • participate in the process of preparation by the sworn auditor of the conclusion about the client’s business activity
  • prepare and submit statistic reports (Intrastat reports, statistic reports, reports to the bank of Latvia, etc)
  • modulate the reports, if needed
  • prepare advance reports
  • give additional consultations on the client’s business activity
  • provide other legal services.

Accounting services are provided for all types of taxation. Professional and high-quality accounting service is a guarantee of success in business development.

Accounting services and advice

Accounting advice

Accounting advice is an important part of accounting support. Our professional accountants, with many years of experience, will help you find the best solution for your particular situation and answer any question related to accounting.

Call us by phone or fill out the form and our team will study your situation, give answers to all relevant questions and provide a plan for further action. We will definitely help you to solve any issue related to bookkeeping.

What we do not do

  • we do not maintain a warehouse records: we do not perform warehouse taking on behalf of the client. With all the will in the world and even for a separate remuneration it is virtually impossible to accomplish. Stock record and accounting are two separate, although closely connected, tasks.
  • we do not break the law: for us long-term and sustainable work is more important than hit-and-run strategy that is why we do not only break the law ourselves, but also do not work with the clients that focus on aggressive methods of tax planning.

Accounting services. How does cooperation work

In the end of the accounting period (month/quarter/year) the client delivers the source documents to the accounting department. Normally, these include: bank statement for the accounting period, incoming and outgoing invoices, agreements and data for salary accounting to the personnel.
1. The accountant processes the information, enters all data into the accounting software 1С and, if needed, requests explanations or missing documents from the client.
2. After processing of all information, tax books are generated and downloaded to the system of electronic declaration of the State Revenue Service. Tax books are submitted directly by the accountant and are signed by him/her.
3. We inform the client about payable taxes and terms of payment
4. Subject to individual agreeement with every client, we deliver to the client the accounting information necessary for management accounting.

What are our prices for accounting services?

The exact price of accounting services depends on many factors, such as industry, turnover, regions, taxation system, number of employees, number of documents, and so on and so forth. To receive an individual offer and familiarise with the contract for accounting services, please contact our managers. One thing is for sure – our prices for accounting services will not disappoint you.

Our services

For Legal Entities

Offering comprehensive accounting services since 2007, our experienced team ensures complete compliance with Latvian legislation and tax requirements. We aid small and medium-sized businesses in reducing costs, maximizing profits, and mitigating risks through outsourced accounting. For foreign investors, we provide quality accounting services and valuable tax and legal consultation. Trust us for expert financial assistance

For Individuals

Our tailored accounting services in Latvia support self-employed individuals, individual merchants, and private individuals. Navigating complex tax laws can be challenging; rely on our experienced team to meet all Latvian tax requirements. With outsourcing, save time on tax monitoring and training, focusing on your business. We ensure accurate reports for residents and non-residents, offering expert advice on taxes and legalities. Trust us for compliant and reliable accounting.

Payroll services

Simplify Payroll in Latvia with Our Expert Services. Don't risk errors in Latvian labor law and tax calculations. Our proficient team ensures accurate payroll administration, tax calculations, and reporting, fully compliant with regulations. We handle vacation, sick leave accounting, and address labor law and tax queries. Trust us for timely and error-free payroll, ensuring employee satisfaction.

Tax advice

Expert Tax Guidance for Businesses in Latvia. Navigating the ever-changing landscape of Latvian tax legislation can be daunting. Rely on our knowledgeable team to provide accurate and up-to-date tax advice. From individual to company taxation, we offer tax planning, return preparation, and timely updates on legislative changes. Avoid fines and liabilities – consult our experts.

Trust the professionals - we've been providing accounting services for over 15 years!