News
Navigating Leadership in the Baltics: Povilas Sadaunykas’ Journey
Povilas Sadaunykas has been at Leinonen for a little over a year but has already made his mark. In this interview, we discussed his dynamic…
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…
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.…
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…
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…
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…
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…
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…
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…