Mandatory requirement for Companies to sing up for an official electronic address from 1 January 2023

24.05.2022  | 

According to the Clause 5 (1) 2), of the official electronic address law, from 1 January 2023 all companies have to use electronic address (hereinafter – “the e-address”). It is possible to register the e-address already now. From the day of registration of the e-address or from 1 January 2023, whichever is earlier, all further official correspondence with state and municipal institutions will happen not through the legal address but through this e-address.

Only the persons, who have legal rights to represent the company, i.e., Members of the Board or procurers can register the e-address. Later, use of address can be delegated to any other person. In order to register the e-address a person that has legal rights to represent the company needs to have a Latvian personal code and any of the following e-identification tools:

  1. mobile app eParaksts mobile; or,
  2. eID card; or
  3. foreigner’s eID card; or
  4. eParaksts card for legal persons.

The e-address can be registered in the internet page, using qualified electronic identification tools – eID card, eParaksts card, eParaksts mobile or eIDAS.

If the person who has the right to represent the company does not have a Latvian personal code, he or she needs to apply to the Latvian Office of Citizenship and Migration Affairs.

For your convenience we have prepared a Step-by-step instruction for registering e-address.

Categories: Business, Insights

Smart quotes in Excel

20.04.2021  | 

Opening double quote – Alt+00147

Closing double quote – Alt+00148

Categories: Blog
Tags: ,

New joint account for tax payments

11.03.2021  | 

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
IBAN: LV33TREL1060000300000
Categories: Blog, Business, Insights

Subsidies offered for companies whose turnovers suffered from Covid-19

2.03.2021  | 

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 companies

Subsidy can be claimed for the months, where turnover has decreased by at least 20% as compared to the average of turnover for August, September and November 2020and also by at least 30% as compared to the respective month of 2019 or 2020.

Deadline for applying

The subsidies can be applied for by 15 June 2021.

There are certain conditions the company should comply with for applying for the subsidy.

Categories: Blog, Business, Clients, Insights

Pop Out reply in Outlook

10.12.2020  | 

Ctrl + O

Categories: Blog, Employees, Facebook, Insights
Tags: ,