Blog & Resources

Category: Accounting
VAT Registration in 2025: New Rules and What You Need to Know

VAT Registration in 2025: New Rules and What You Need to Know

Starting in 2025, new Value Added Tax (VAT) registration rules will come into effect, impacting both businesses and self-employed individuals. To avoid unexpected tax liabilities and potential penalties, it is essential to understand who is required to register in the...

Frequent Accounting Mistakes and How to Avoid Them

Frequent Accounting Mistakes and How to Avoid Them

Accounting plays a key role in successful financial management for any company. Accounting errors can lead to a misrepresentation of the company's financial position, which in turn can lead to incorrect management decisions and financial losses, as well as affect the...

How to Choose Accounting Software for Your Business

How to Choose Accounting Software for Your Business

Choosing the right accounting software is a crucial step for optimizing the financial management of any business. Automating processes, ensuring data accuracy, and saving time are just some of the advantages of making the right choice. In this article, we will discuss...

How to Choose an Outsourcing Accounting Firm in Latvia

How to Choose an Outsourcing Accounting Firm in Latvia

Accounting is an important part of any business. It ensures compliance with regulatory requirements and helps you make sound financial decisions. However, accounting can be a time-consuming and complex process that requires specialized knowledge and skills....

Cost of Accounting Services: How to Avoid Overpaying

Cost of Accounting Services: How to Avoid Overpaying

Accounting services are an integral part of running a business for any company in Latvia. Every manager asks themselves the question, how to choose the right accountant and not overpay for accounting services? In this article, we will consider 5 main factors that you...

Accounting Services in Latvia: Where to Start?

Accounting Services in Latvia: Where to Start?

Accounting is an integral part of running a successful business. For aspiring entrepreneurs, understanding the fundamentals of accounting can be a crucial factor in making informed decisions and ensuring financial stability. This article will delve into the key...

Advantages of running a business in Latvia

Advantages of running a business in Latvia

During strategical planning of business development, businessmen sooner or later come to question of tax load, logistics and human resources optimization. A lot of European entrepreneurs choose Latvia to solve these issues because of the vast possibilities this...

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