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Why It’s Beneficial to Enter into a Legal Services Agreement Instead of Hiring a Lawyer
...profitable: Cost Optimization Maintaining a lawyer entails not only a regular salary but also taxes, social contributions, office space expenses, training, vacation pay, sick leave, and other expenses. In contrast,...
Important changes in the Latvian tax legislation in 2018
...tax reform, which will change 9 taxes from 15 existing ones. The most ambitious changes are stipulated in the laws on personal income tax (PIT), on the tax of solidarity,...
Tax system for entrepreneurs in Latvia
In Latvia, the tax system for entrepreneurs depends on the chosen form of activity and tax regime. Below are the taxes in Latvia as of 03.07.2025. Main taxes for individual...
Does the bank inform the tax authority when cash has been withdrawn from the account of a foreign company?
...the signs of suspiciousness set in the Law on Taxes and Duties. Based on the Article 2 of the above-mentioned Regulations, the subject, i.e. the bank is obliged to immediately...
Import and export of cultural objects to Latvia
...cultural objects over 200 years old worth 18,000 euros and more – you must present an importer statement. Duties and taxes When entering Latvia from a country that is not...
The most popular grounds for obtaining a residence permit in Latvia
...that in a year, during the annual registration of the residence permit, the OCMA will take into consideration the amount of taxes the Latvian company has paid to the Latvian...
Obtaining residence permits – practice overview
...economic year the company has paid taxes to the state and local government budget in the amount of at least 20000 LVL.NB!a) investment shall be made after July 1, 2010;b)...
Legal relations in the field of construction
...customer or the contractor; preparation of various types of agreement to resolve the dispute; assistance in the organization of expert opinions on the quality and scale of the work carried...
The gas supplier set an “astronomical” amount due to damage to the meter! Is it legal?
...in an offense and resolve a dispute with a gas supplier on mutually beneficial conditions. The requirement presented by the supplier is only the opinion of one of the parties...
Unwanted people: How to Dismiss an Employee
...company not only faces considerable expenses and involves itself into a long troublesome trial but also (which is the most annoying thing!) does not resolve the main problem: the unwanted...
