First Steps for Entrepreneurs

 Published: 16.03.2021. 14.52

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! In 2021, a number of significant changes in tax administration will take effect.
Information is currently being updated in English. Up-to-date information is available on the Latvian version of our website.

We apologise for any inconvenience!

If you have decided to start your own business, you should assess your wishes and possibilities because the type of the economic activity you choose and the expected turnover you plan will determine the form of registering your economic activity as well as the types, amount and the procedure of administration of the taxes to be paid to the state. Please note that the requirements of the Law on Accounting apply to everyone who performs any type of business. Commercial companies must delegate the maintenance of their accounting to a person competent in accounting issues.

Where is it possible to obtain information?

At any SRS Customer Service Centre all over Latvia.
By applying for an in-depth consultation[1] in person;
By calling the SRS information number - 67120000;
Under the section Contacts.

[1] Information available in Latvian