Everything in one place • Remote • Transparent prices
Company Registration, Accounting and Tax Consulting in Latvia
From company registration to day‑to‑day accounting — we take care of everything so you can focus on what matters.
Response time
4h
average response time on business days
Starting price
€150
company formation — one‑time fee
Operating model
100%
remote — you never need to come in person
Hidden costs
—
fixed price — you always know what you’ll pay
What we do
Everything your business really needs
Each service is tailored to the specific need — no unnecessary extras. Click a card to see details and price.
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We work with:
Startups
E-commerce
IT consultants
E-residents
Foreign entrepreneurs
- Limited company (SIA) or sole proprietorship (IK) — we help choose the optimal legal form based on planned income
- Preparation and completion of all formation documents
- Registration with the Commercial Register — fully remote using eParaksts
- Assessment of VAT registration necessity
- Board member liability and risk consultation
- Initial accounting system setup included
- Comprehensive analysis of VAT, CIT, PIT and other taxes for your situation
- Personalised legal optimisation strategy with concrete figures
- Preparation and submission of annual income tax declarations
- Support and representation during tax authority audits
- Tax aspects of international transactions and e‑residency
- Written summary with concrete recommendations after the consultation
- Personal accountant — always the same person
- Day‑to‑day transaction recording
- Tax returns included
- Payroll included
- Monthly financial reports
- Provided under VID outsourced accountant license No. AGL0003801
04 / Payroll
Payroll and HR
Accurate payroll calculations, social contribution accounting, employment contracts and everything related to personnel administration under Latvian law.
Included in the accounting serviceHow our cooperation works
From first contact to result
A simple, transparent process — no surprises and no unnecessary bureaucracy. Every step is clear from the start.
01
First conversation
15 min without obligation — we assess the situation and your needs
02
Strategy
The optimal legal and tax model for your specific case
03
Documents
We prepare and submit — ready in 3–5 business days
04
Setup
Accounting system, bank account, necessary registrations
05
Ongoing support
Personal specialist — reachable, responsible, concrete
Before and after
How things change
Most of our clients arrive with one of these problems — and leave with a clear solution and confidence.
Before Balansis
Uncertainty and wasted time
- Confusion about the legal form and tax structure
- Document errors and registration delays
- An accountant who explains nothing and can’t be reached
- Sudden tax surprises at the end of the year
- Time and energy spent on bureaucracy, not on your business
With Balansis
Clarity and peace of mind
- A clear plan and the optimal legal form from day one
- Correct documents — ready in 3–5 business days
- A personal specialist — WhatsApp ~4h, email within 24h
- Proactive tax planning all year round — no surprises
- Everything remote — you focus on your business
Frequently asked questions
Answers to the most common questions
Didn’t find your answer? Write directly to us — WhatsApp ~4h, email within 24h.
Usually 3–5 business days after we receive all necessary documents and information. With the expedited procedure — 1–2 days (with an additional Commercial Register state fee).
No — the entire process is fully remote. Documents are signed electronically with eParaksts or an eID card. You don’t have to visit any office.
Yes — that’s one of the most common questions. We’ll analyse your planned income, type of activity and calculate the tax burden for both options so you can make an informed decision.
A fair concern. Before any data is shared we sign a data processing agreement (GDPR). All client data is stored on EU servers with strictly limited access. The founder is personally accountable for confidentiality — this is not an anonymous service.
We meet online in a video call or assess the situation in writing. After the consultation you receive a written summary with concrete recommendations — no generic phrases.
No. You can use a single service (e.g., just company formation) with no further obligation. For ongoing cooperation, the relationship can be terminated with 1 month’s prior notice.
Your personal specialist is reachable on WhatsApp and by email. WhatsApp replies average ~4 hours; email replies come within 24 hours, on business days. Nothing stands in the way — just write.
We believe clients stay because of quality — not contract clauses. Ongoing engagements can be terminated with 1 month's notice and no exit fees. If something isn't working, reach out directly — most issues are resolved in a conversation.
First conversation free
Tell us about your business
The first conversation is free and without obligation. Tell us about your situation — we’ll help you understand the possibilities and offer a concrete next step.
- WhatsApp: +371 24 332 439
- info@balansis.lv
- WhatsApp ~4h, email within 24h on business days