VAT Registration in Latvia

VAT Number Registration in Latvia

vat-registrtion-in-latvia

We offer VAT number registration in Latvia for the following legal entities:

  • Latvian companies (SIA);
  • Branches of the foreign companies in Latvia (ĀK Filiāle Latvijā);
  • Foreign companies;

Registration with the Register of VAT taxable persons in Latvia is handled by the State Revenue Service – SRS (VID) and it takes up to 10 business days from receipt of an application. If the SRS inspectors have some additional questions, they will send a request for further information. Under certain circumstances, the aforementioned term may be extended.

We also suggest a simultaneous applying for a registration with Electronic Declaration System (EDS) due to the fact that declarations and reports shall be filed electronically in Latvia.

Current VAT rate in Latvia is 21%. Reporting period – a month, a quarter, or 6 months.

What is included in the service of VAT number registration?

  • Preparation of an application and other related documents;
  • Filing the documents to the SRS on client's behalf;
  • Communication with the SRS inspectors on client's behalf;

For more information on prices, please follow the link.

Below are the conditions for mandatory registration with the Register of VAT taxable persons in Latvia:

  • Latvian company: if total amount of VAT taxable transactions equals or exceeds EUR 50 000 within 12-month period;
  • Latvian company: if total amount of goods purchased from any EU member state exceeds EUR 10 000 during the current calendar year;
  • Foreign EU VAT payer: if such company is purchasing or supplying goods from the EU in the territory of Latvia;
  • Foreign EU VAT payer: if such company is supplying goods or providing services, which are subject to VAT in the territory of Latvia, being liable for the VAT payments to the State budget in accordance with the Law;
  • Foreign EU VAT payer: if such company is supplying goods, which are subject to excise duty in Latvia, to a non-resident VAT payer or to a person, who is not a VAT payer regardless of the value of the excisable goods;
  • Foreign EU VAT payer: if such company is selling goods remotely and supplying them to Latvia on condition that total amount of the supplied goods equals or exceeds EUR 35 000 during the current calendar year;
  • Foreign EU VAT payer: if such company is supplying goods to a non-resident VAT payer or to a person, who is not a VAT payer and the goods are being mounted or installed;
  • Third country VAT payer: if such company is carrying out VAT taxable transactions in the territory of Latvia, being liable for the VAT payments to the State budget;
  • Branch of a foreign company in Latvia: if it is taking part in supplying goods or providing services in Latvia on parent company's behalf;

Contact Us

UNITED AGENTS ​

Tel: +371 26133646
Tel: +371 28223563
Email: info@unitedagents.eu
Address: 76/78 Matīsa St. Rīga, LV-1009, Latvia

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