April 2, 2022

International Payroll – Successfully operating globally with minimal reputational risk

Money is a sensitive matter and managing employee salaries should always be handled with the utmost care, confidence, and punctuality. When expanding your business, international…

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March 2, 2022

Our thoughts are with everyone affected by the events taking place in Ukraine.

Our thoughts are with everyone affected by the events taking place in Ukraine. 🇺🇦 We denounce the war in Ukraine started by the Russian government…

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February 22, 2022

5 Important Aspects to Consider When Going Global with Your Business

Over 25 years of experience has brought us hundreds of clients along the way wanting to expand their businesses abroad. Being good or maybe even…

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January 18, 2022

Baltic tax rates from 1 January 2022

  Estonia Latvia Lithuania Corporate income tax (CIT) rate CIT is payable upon profit distributions (the deemed profit distribution). The CIT rate is 20%, calculated…

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December 15, 2021

Amendments to the VAT, PIT and State Social Insurance law as of 2022

Amendments to the VAT Law Reduced VAT rate On 4 December 2021, the President promulgated the amendments to the VAT Law adopted on 15 November…

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December 2, 2021

Employment collective agreement and additional employee benefits without tax liabilities  

On 15 November 2021, the Parliament [Saeima] passed amendments to the Law “On Resident Income Tax”. Along with these amendments becoming effective on 1 January…

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November 4, 2021

State aid for companies affected by the COVID-19 crisis

Special crisis measures (working capital grant, wage subsidies, working capital loan, loan holidays guarantee, etc.) are available for companies whose activities have been significantly restricted…

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