Blog & Resources

Category: Taxation
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...

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...

Tax reporting in Latvia

Tax reporting in Latvia

A lot of businessmen decide to open a company in Latvia because of the congenial tax climate, especially for holdings. Nevertheless, entrepreneurs should be aware that there are some peculiarities of the Latvian tax legislation that they will definitely face...

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...

Join BBCRiga and let’s take your business to new heights

Contact