On 17 September, Latvia’s Parliament is considering a 10% turnover tax for very small first-time economic activity with annual turnover of up to €12,000. Payment would be withheld automatically through a dedicated business income account, but strict eligibility rules mean that a breach could raise the effective rate to 25%.
A Latvian SIA may use an apartment as its registered office. We explain when the owner’s permission is needed, what constitutes a legal basis and what happens if the company cannot be reached at the address.
The legal structure of a business affects the owners' liability, taxation, capital requirements and future development. This guide compares a standard Latvian SIA, a reduced-capital SIA, self-employed business activity and the individual merchant model, while also explaining payment-account, beneficial-owner and registration requirements.
Eiropas Komisija ir publicējusi jaunākās ekonomikas prognozes 2026. gadam, paredzot mērenu, bet stabilu izaugsmi eirozonā.