Insights

New joint account for tax payments

11 March 2021 | 

From 2021, a new joint account for tax payments is introduced. Also, payment deadline for all taxes has been set as 23rd date of month. Requisites for the new bank account for tax payments: Beneficiary: Valsts Kase Beneficiary’s reg. Nr.: 90000010008 Beneficiary’s Bank: Valsts Kase SWIFT: TRELLV22 IBAN: LV33TREL1060000300000

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Subsidies offered for companies whose turnovers suffered from Covid-19

2 March 2021 | 

Companies whose turnover suffered as a result of Covid-19 can apply for subsidies for the period from November 2020 through May 2021. Subsidy size For months of 2021, 60% (for months of 2020: 30%) of total gross salary paid in August, September and November 2020. Maximal total subsidy size – EUR 100,000 per month. Eligible

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Company liquidation procedure

10 May 2018 | 

Overview of company liquidation procedure

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Requirement to register a business location (struktūrvienība)

1 March 2018 | 

Companies have to register in SRS each location where they conduct business. This means that if a company has any operations outside its legal address, it needs to register it in SRS as a business location.

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Instructions for execution of tasks in Electronic Declaration System

1 February 2018 | 

How to approve documents prepared by your accountants using you internet bank authorisation data, how to submit applications, grant EDS rights, and other actions in EDS.

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