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Expatriate Management
Working in France
Working in Iceland
Working in Italy
Working in Latvia
Basic Facts
Staying in Latvia: Regulations for EU Citizens and Other Special Countries
Staying in Latvia: Regulations for Non-EU Citizens
Types of Visas to enter Latvia
Health Care System in Latvia
Education System in Latvia
Recognition of Foreign Qualifications in Latvia
Housing in Latvia
Tax System in Latvia
Investing in Latvia
Useful Links for Working in Latvia
Working in Macedonia
Working in Portugal
Working in Romania
Working in Spain
Working in Croatia
Working in Argentina
Working in Brazil
Working in Chile
Working in Japan
Working in Mexico
About co.systems consulting
Useful weblinks
Tax System in Latvia
In Latvia the taxation procedures are regulated by "Law on Taxes and Duties" adopted on February 2, 1995. Generally, this law is everywhere applicable, unless the specific laws on taxes such as "The Law on Value Added Tax", "The Law on Corporate Income Tax" or law conventions specify other conditions. The taxes are divided into direct and indirect.

The direct taxes are:
- Personal income tax 25% more
- Mandatory social security contributions 35, 09% more
- Enterprise income tax 15% more
- Microenterprise tax 9% from turnover more
- Real estate tax 1, 5 % from the cadastral value of property more
The indirect taxes are:
- The value added tax 22% more
- Exercise tax
- Electricity tax
- Tax on cars and motorcycles
- Vehicle operating tax
- Company car tax
- Customs duty

Other taxes:

- Natural resources tax
- Gambling and lottery tax
Overview of Latvian taxes
For the foreigners to avoid the double taxation the amount of Latvian Income Tax can be reduced to that paid in the corresponding foreign country. Note! The according tax payment should be certified by a foreign tax-collection institution! Learn more about tax convention here and about the procedures of applying for tax relief here. Download the list of the countries with which Latvia has signed the tax convention here.
co.systems
consulting GmbH


Tel
+43 (1) 89 22 544
+43 (1) 30 88 133

Fax
+43 (1) 30 88 144

Email
office@expat-management.at