All articles

Change of legal address of Sole trader in Latvia

A sole trader is a person who runs a business venture alone, therefore in Latvia changing the legal address of

How to grow small businesses

A tiny business must work hard to expand. It is among the most difficult obstacles that individuals must overcome to

Required licenses for the manufacturing industry in Latvia

Manufacturing is the process of creating or producing goods employing labor, equipment, instruments, pharmacological or microbiological treatment, or composition. The

Biomedicine market industry overview in Latvia

Of the three Baltic States, Latvia unquestionably stands out as a biomedical pioneer. Given the recent rapid rise of Latvian

Change of the board of a Stock Company in Latvia

The process and steps involved while making changes to the composition of the Board of a Stock Company (AS) are

Reasons to invest in Latvia

One of the finest possibilities for people looking to invest abroad is Latvia. This scenario primarily exists because it directly

Personal income tax rates in Latvia

Residents of Latvia are subject to Latvian income tax on their international earnings. On their income from Latvian sources, non-residents

Guide on labeling of excisable goods

During importation, labeling harmful or forbidden goods makes the customs procedure much quicker. It also functions as an alcohol or

Procuration of a European Company in Latvia

A procuration is an act of appointing a person or an entity as a representative of oneself or a company.

VAT payment deadline

Companies must complete Tax invoices and make settlements on schedule or risk fines. The VAT revenue is generally due one

Latvian branch office change of legal address

The registered office may be changed to another address in the territory of Latvia or another address in the territory

Latvian Limited Liability Company divestiture with establishing a new company

A limited liability company (LLC) is a corporation that acts in numerous aspects like limited cooperation. The LLC elects to

Amendments to the articles of association of a European Company in Latvia

The term amendments include any form of change; addition, deletion, and edition. With reference to the Articles of Association specifically,

Mandatory State Social Insurance (SSI) Contribution

According to the modifications made to the Law on State Social Insurance as of 2017, the minimal levy from state

Solidarity tax in Latvia

The solidarity tax incentive is a returnable revenue compensation for middle-income and low-income families. As it is calculated premised on