News
Employers can pay 70% of salary during idle time and other changes in application of Labor law norms related to mitigating consequences of Covid-19
On May 7, 2020 Amendments in the Law On Measures for the Prevention and Suppression of Threat to the State and Its Consequences Due to…
Fixed-term changes in the enforcement of civil liabilities due to expansion of the Covid-19
On 12 March 2020, the Cabinet of Ministers of the Republic of Latvia declared emergency situation in the territory of the Republic of Latvia until…
Hoping for the best, preparing for the worst – a business guide to surviving the corona pandemic
A healthy economy is the lifeblood of a nation, but in a situation where borders are closed, events cancelled and socialising heavily curbed, many industries…
Reduction of number of employees and collective redundancy
In regard to the spread of Covid-19, on 13 March 2020, an emergency situation was announced in the Republic of Latvia effective until 14 April…
Employment of foreigners in Latvia
The article reflects the most significant steps to be taken, as well as explains the process of obtaining a temporary residence permit for foreigners in…
Withholding tax on transactions with non-residents
In transactions with non-resident legal persons it is necessary to ascertain whether the remuneration of the transaction is subject to the withholding of the corporate…
Tax news January 2020
VAT Law On 1 January 2020, amendments to the VAT Law become effective. Delivery of goods to a warehouse in the EU Member State. Value…
Termination of Employment Relations if the Employee Lacks Adequate Occupational Competence for Performance of the Contracted Work
It is permitted to terminate employment contract only in the cases and in accordance with the procedure determined in the Labour Law. If the employee…
What does termination of company’s activity by the Register of Enterprises means?
Pursuant to the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing the Register of Enterprises of Republic of Latvia (hereinafter –…