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Amendments to the Latvian VAT act Jul 20

As of 1 July 2016, Latvia has introduced amendments to the VAT Law on special VAT treatment of cereals and industrial crops supplies. Henceforward, consignee will pay VAT on domestic supplies if the transaction will take place between VAT payers in Latvia. The adopted amendments are aimed to reduce VAT fraud in cereals industry.

High Quality Accounting, Payroll and Professional Advisory Services in 11 countries


Eastern Europe and Scandinavia offer a considerable number of investment and business opportunities

There are multiple reasons for business to invest in Eastern Europe. Some companies are attracted by growing economies and the increasingly wealthier middle class. Others simply want to reduce costs or benefit from the relatively skilled labor force. However, as the level of cross border transactions increases, companies want to monitor and control their financials more intensively. A reliable accounting partner becomes a valuable asset.

We have been helping international companies for years in the region. Our accountants and advisors are familiar with the issues that arise in challenging market environments. We will help you discover the full potential of your target markets.

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About Leinonen
Leinonen is a Finnish-owned private accounting and advisory company, which was established in 1989. Now after two decades, Leinonen Group is serving international customers in multiple challenging markets. Read more ›
Mr. Leinonen

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