Find an answer instantly.

The only thing you need to do is get in touch. Call us, write on WhatsApp or use the contact form. We’ll find out your needs and suggest the concrete next step. The first conversation is completely free and without obligation – its purpose is to understand how we can help.

Usually 15–30 minutes. In that time we clarify your situation, tell you about the most suitable solutions and answer your initial questions. It takes place on a video call or by phone – whichever is more convenient for you.

Yes – all our services are fully remote. We work with clients from all over Europe. Documents are signed electronically, communication happens via email and WhatsApp, and document exchange via cloud services. You never need to come to Latvia.

No documents are needed for the first call. All you need is a clear idea of what you want to achieve – whether that’s forming a company, optimising taxes or starting accounting. We’ll discuss the document list after it’s clear what we’ll be doing.

We work both with companies (limited companies, sole proprietorships, associations) and with private individuals – for example, regarding income declarations, capital gains or foreign income. If you’re not sure, just write – we’ll tell you if we can help.

The choice depends on several factors: planned income, type of activity, division of liability and tax burden. A sole proprietorship (IK) has a simpler structure with lower costs, but the entrepreneur is personally liable with their private assets. A limited company (SIA) provides limited liability and often offers better tax efficiency at higher income levels. We calculate both options and give a concrete recommendation.

Once we have all the necessary documents and information – usually 3–5 business days. With expedited registration (paying an additional state fee to the Commercial Register) – 1–2 business days. We organise everything when preparing the documents – you just need to sign with eParaksts or your eID card.

Yes, entirely. Documents are signed remotely with the Latvian eParaksts or eID card – no physical presence is needed. If you don’t have an eParaksts, we’ll tell you how to get one – the process is simple and takes 15–20 minutes.

Everything needed to create the company is included: legal form consultation, preparation of articles of association and formation documents, assessment of VAT registration necessity, submission to the Commercial Register, and initial accounting system setup. Additionally, the state fee for the Commercial Register must be paid – it’s not included in our fee because it’s a direct payment to the state.

Opening a bank account is a separate process carried out by the bank, not by us. However, we do advise on which banks or fintech solutions (e.g., Revolut Business, Wise) are currently the most convenient option for your company profile. We help prepare the necessary documents for the bank application.

Compulsory VAT registration applies if the company’s or business operator’s VAT‑taxable transactions exceed €50,000 over the previous 12 months. However, it is often advantageous to register voluntarily earlier – especially if you work with VAT payers or plan substantial capital investments. We’ll assess what’s most beneficial in your case.

CIT (Corporate Income Tax) – paid by companies (e.g., limited companies) on earned profit. In Latvia, CIT is applied only to distributed profit (dividends) – 20% or effectively 25% of the amount paid out.

PIT (Personal Income Tax) – paid by natural persons on their salary, royalties, dividends and other income. Rates differ depending on the income source and amount.

Yes – both for private individuals (PIT declaration) and for companies (CIT annual report). We prepare, check and submit them to the State Revenue Service (VID) electronically. We often find forgotten deductions that repay the service fee several times over.

The micro-enterprise tax regime allows micro-businesses to pay a unified tax of 25% of turnover (up to €40,000 per year), covering both CIT and social contributions. It can be advantageous in specific situations, but not always – especially if the company plans to grow or has employees. In a consultation we’ll evaluate whether this regime is more beneficial for you than the general one.

Yes. We help both to prepare for a VID inspection (audit) and represent the client in correspondence and discussions with the inspectorate. Initially we provide an assessment of the risk situation and suggest a strategy. In most cases, proper documentation and timely responses resolve the situation without penalties.

From the very first day of the company’s registration. A limited company (SIA) is obliged to keep accounts in accordance with Latvian legislation regardless of turnover. Sole proprietorships (IK) may use simplified bookkeeping if they meet certain criteria. Likewise, any company registered as a VAT payer sees a significant increase in compliance obligations.

Yes – and this is one of the most common situations clients come to us with. The takeover includes a review of previous period data, identification of errors, and transfer of data to the new specialist’s systems. We ensure data continuity and order, and take care of communication with the previous accountant if necessary.

We work with the most popular platforms available on the Latvian market – Horizon, iSeries, as well as cloud solutions. The choice depends on the company’s size and specific requirements. Integration with e‑commerce tools (Shopify, WooCommerce), invoicing systems (Xero, InvoiceOcean) and bank exports is tailored individually.

At the end of each month you receive a structured report – income, expenses, profit, tax liabilities and a comparison with the previous period. The report is sent by email in digital format. If you have questions, your specialist is available via WhatsApp.

Yes – preparation of the annual report is included in the full accounting service. It covers the balance sheet, profit or loss statement, cash flow statement and notes. Submission to the Commercial Register is done electronically on our side – you only need to sign with eParaksts.

You are assigned a single personal specialist who knows your entire situation. When you contact us via WhatsApp or email, you never speak to a stranger – always to “your” person. We reply on average within 4 hours on business days. Documents are exchanged via a secure cloud platform.

All documents are stored in a secure cloud environment in EU data centres – in compliance with GDPR requirements. Access is limited to you and your specialist. At any time you can request a full data export or deletion. We do not share your data with third parties without your written consent.

Every client has a main specialist and at least one colleague who is familiar with the situation and can take over. You are informed in advance about any absence, and you know whom to contact. Deadlines are met regardless of the specialist’s whereabouts.

For company formation – a fixed fee from €150 (one‑off), regardless of the time spent. For tax consultations – an hourly rate from €75, and before the consultation we estimate how many hours will be needed. For accounting (coming soon) – a monthly subscription from €100, depending on the volume of transactions. Hidden or unexpected costs – €0.

Yes – we don’t believe in holding on to clients with contract clauses. For ongoing services (e.g., accounting), the cooperation can be terminated with 1 month’s prior notice. For one‑off services (e.g., company formation), no further obligation exists. We believe clients are retained by quality – not by paperwork.