Blog & Resources

Category: Latvia
How to liquidate a Latvian company

How to liquidate a Latvian company

Different situations occur and you might need to liquidate a company in Latvia. It is a complicated issue so we have decided to create a separate article to describe the procedure, ins and out you will face. What is the liquidation of a company? Liquidation of a...

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...

How can you open a bank account in Latvia?

How can you open a bank account in Latvia?

Difficulties many do not tell you about During the process of Latvian companies registration and purchasing, our clients often ask how they can open a bank account in Latvia. The main peculiarities you should be aware of are requirements for non-residents and more...

Compulsory audit of the annual report in Latvia

Compulsory audit of the annual report in Latvia

We have already mentioned Latvian tax accounting in one of our previous articles. There are some reports that have to be submitted during the activity of any company in Latvia. We would also like to give some ideas of the certified external audit of the...

Advance tax payments in Latvia

Advance tax payments in Latvia

You already know that there is such a practice in Latvia to make advance tax payments (please read our article about tax reporting in Latvia). Cases when you have to pay taxes in advance According to Latvian tax legislation, a company has to pay taxes in...

Holding regime in Latvia

Holding regime in Latvia

Income Tax Law of Latvia was amended in 2013. These amendments have fostered a brand new investment climate and helped Latvia to become the best country for starting a holding company. What is a holding entity? During business development and territorial expansion,...

Advantages of remote accounting maintenance in Latvia

Advantages of remote accounting maintenance in Latvia

How can you get accounting maintenance in Latvia of good quality? One of the most important pillars of a business is the correct and well-timed accounting. All reports should be submitted on time to the appropriate institutions. It is not always efficient to hire...

Buying a ready business in Latvia and its advantages

Buying a ready business in Latvia and its advantages

Instead of registering a company in Latvia from scratch, you have an alternative option that can be used i.e. to buy a business with ready documents. To check the advantages of running a business in Latvia, please refer to our previous articles. If you would like to...

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