All articles

Tax debt guide

Taxpayers may submit a motivated written application to the SRS requesting that the SRS adopt a decision on voluntary payment

Financing options for a small business in Latvia

A federal survey taken in 2019 found that 44% of small business owners borrowed money to cover costs. “There's no

Liquidation or Termination of Activities of a Sole Trader in Latvia

An individual merchant at liquidity or termination of the action is expected to apply to be excluded. This application is

Reasons to outsource an accountant

Depending on the size of a company, accounting services can be outsourced to professionals working for business support services providers.

Everything you need to know about European Economic Interest Grouping (EEIG) in Latvia

European Economic Interest Grouping (EEIG) is established on a contract of formation between at least two companies or legal persons

Transferring property from one foundation to another

A foundation may be set up by a set of people, legal structures, or associates with akin ambitions commonly spelled

Change of the equity of a Stock Company in Latvia

The introduction of the Euro in Latvia made capital companies carry out nominal changes (changes in the share capital to

Guide on buying a business

You may want to think about purchasing a business if you want to start your own business without having to

Food and beverage production market overview in Latvia

Latvia is one of the greenest nations in Europe and has one of the largest percentages of land used for

Support for public benefit organizations

An important advantage of public benefit activity is that it helps society, specifically, in many different ways. This includes charitable

Starting a Pharmaceutical Business in Latvia

Latvia's medical services sector is heavily influenced by the government. The state owns all of the key hospitals and rehabilitation

Taxation in free ports and Special Economic Zones in Latvia

Latvia has three Special Economic Zones (SEZ) and two free ports: Rezekne SEZ, Liepaja SEZ, Latgale SEZ, Riga free port,

Latvian Limited Liability Company Preliminary check for documents

The preliminary approval of the documents is the first step of the draft operation and the accompanying documents previous to

Changing the principal activity of an association

An association is said to be a nonprofit organization formed by a union of people with similar interests looking to

Changing the Legal Address of a Stock Company in Latvia

Changing a company’s registered address in Latvia can be changed on two bases; either through the company’s application or the