News
VAT guidelines for services related to real estate, issued by Latvian Tax Administration
In March 2015 the Latvian State Revenue Service (SRS) has published VAT guidelines “For determining the place of supply of real estate related services”. SRS…
New amendments to the Micro-enterprise Tax Law
Micro-enterprise tax law provides that starting from 1 January 2015 micro-enterprise tax rate for micro-enterprise turnover exceeding EUR 7000 is increased from 9% to 11%.…
There will be a new law on Annual report and Consolidated annual report
The draft law of the Annual report and Consolidated annual report has been developed and published. It must be approved by 20 July 2015, as…
Deadline for the introduction of new requirements for cash registers is extended
Although initially, the Cabinet of Ministers decided that the procedure for the use of electronic devices and equipment for tax and other payment registration and…
Seminar on changes to the Labour and tax laws – 23.02.
The seminar will take place on February 23, from 10.00 to 13.00. Entrance fee – € 25. On the seminar venue we will inform you…
Introduction to EURO process in Latvia
This has already happened: Latvia was invited to join the Eurozone by the European Union in the summer of 2013. The exchange rate was confirmed…
Significant changes every existing company has to make after the EURO introduction
Registered equity, Articles of Association, the Shareholders Register and the Register of Enterprises after the introduction of Euro in Latvia There are two parallel processes…
news for 2014 November
Forthcoming changes in the personal income tax law in Latvia According to the draft law the following changes will take place on the 1st of…
New requirements for reports on employees
If an employee’s occupational code has changed, the employer must submit information to the SRS about the new occupational code within the next month. For…