News

3 days ago

7 Common VAT Mistakes in Latvia (and how to Avoid Them)

Value added tax (VAT) is a type of consumption tax used in the European Union (EU). While VAT in Latvia is paid by the final…

Continue reading
4 days ago

What do you Need to Know About Public Holidays in Latvia as a Foreign-Owned Business?

Boasting reduced corporate tax rates, outstanding trading infrastructure and three special economic zones supporting corporate growth, Latvia is a popular EU base for foreign-owned businesses.…

Continue reading
June 2, 2024

PAYMENT OF DIVIDENDS AND THEIR TAXATION

THE PROCESS Dividend is an instrument how the company distributes the profits to its shareholders. For a shareholder (business owner) the dividends are the ultimate…

Continue reading
February 21, 2024

Digitalize Your Business Payrolls With E-invoice In Latvia

Undoubtedly, invoicing is the most important and foremost task for every business when it comes to streamlining everything. It helps the business owners & managers…

Continue reading
February 19, 2024

Navigating Cross-Border Payroll and Taxation in Latvia

In our modern world, where businesses often cross borders, understanding payroll and taxation in different countries is becoming essential. With businesses frequently operating beyond their…

Continue reading
February 16, 2024

Explaining Latvia’s Per Diem: Why It Doesn’t Show on Pay Stubs

One of the most frequently asked questions from our clients has been, “Why isn’t per diem reflected on pay stubs?” In this article, we’ll explain…

Continue reading
February 8, 2024

How to define salary correctly in a contract 

An employment contract must be entered into in writing prior to the commencement of work.  The amount of remuneration and the time of disbursement must…

Continue reading
January 23, 2024

Leinonen Latvia is looking for KYC Specialist

Leinonen Latvia is seeking for a dedicated KYC Specialist to join our AML compliance team in Riga. This role is crucial in managing KYC procedures…

Continue reading
January 23, 2024

Leinonen Latvia is looking for AML Specialist

Leinonen Latvia is actively seeking an AML Specialist to join its team in Riga. This important role focuses on strengthening our anti-money laundering efforts across…

Continue reading

Get in Touch