I Introduction
We thank you for the trust placed in our services and our Team. We suggest you read this article which may be of interest to you if you are planning to set up a company in Latvia.
You will mainly find the following resources:
- The presentation of our services
- How are companies in Latvia taxed?
- What are the corporate tax rates in Latvia?
- What are the tax advantages for companies in Latvia?
- How can companies in Latvia reduce their taxes?
- What are the deadlines and procedures for paying corporate taxes in Latvia?
- The advantages of using FIDULINK services from registration to the development of your company in Latvia
II. Presentation of FIDULINK Services
The whole FIDULINK team, thank you for having thought of us to present the taxes for information only [may change according to the evolution]. We confirm that we can support you in the tax management of your company registered in Latvia, through the annual monitoring of your accounts for your company registered in Latvia and its start-up.
Here is a brief summary of the history and areas of expertise of the FIDULINK study.
The main objective of our Consulting firm in Latvia [Experts, lawyers, accountants] is to create a solid relationship with our clients and provide a unique service in terms of quality and speed. We are constantly looking to improve the experience of our customers.
Excellence in support within everyone's reach, to enable everyone to achieve their full potential through their professional project.
Our consulting firm in Latvia specializes in company formation, accounting monitoring as well as administrative support and development in Latvia for entrepreneurs from all over the world. With our experience of more than 14 years of company creation services, we facilitate the life of entrepreneurs, offer effective and fast professional care in various commercial and financial operations for local and foreign companies. We can also provide legal assistance to our clients for the development and implementation of new business in Latvia.
III. Objectives of this article for support with FIDULINK
We understand that you need Latvian corporate tax advice and legal support to achieve the following goals:
In this article you will find explanations about the taxes for your company that will be registered in Latvia
IV. How are companies in Latvia taxed?
In Latvia, corporations are taxed according to a corporate income tax system. Latvian companies are taxed on their taxable profits at a rate of 15%. Companies registered in Latvia may also be taxed on their dividends at a rate of 15%. Companies registered in Latvia may also be taxed on their non-taxable profits at a rate of 5%.
V. What are the corporate tax rates in Latvia?
- In Latvia, companies are taxed at a flat tax rate of 15% on their taxable profits.
- Companies founded in Latvia that make taxable profits of less than EUR 40 are taxed at a reduced rate of 000%.
- Companies registered in Latvia that make taxable profits in excess of EUR 100 are taxed at a rate of 000%.
- Companies in Latvia that make taxable profits in excess of EUR 500 are taxed at a rate of 000%.
- Companies in Latvia that make taxable profits in excess of EUR 1 are taxed at a rate of 000%.
VI. What are the tax advantages for companies in Latvia?
Companies in Latvia benefit from numerous tax advantages.
Companies locating in Latvia can benefit from a corporate income tax rate of 15%, which is one of the lowest rates in Europe.
Latvian companies can also benefit from a very favorable dividend tax regime, with a dividend tax rate of 5%.
Companies registered in Latvia can also benefit from a very favorable capital gains tax regime, with a 0% capital gains tax rate.
Companies incorporated in Latvia can also benefit from a very favorable interest tax regime, with a 0% interest tax rate.
Finally, companies registered in Latvia can benefit from a very favorable royalty tax regime, with a 0% royalty tax rate.
VII. How can companies in Latvia reduce their taxes?
Companies in Latvia can reduce their taxes by adopting specific tax measures. The first measure consists in benefiting from the tax reductions offered by the Latvian government.
These reductions are available to companies that invest in research and development projects, hire workers with disabilities or commit to reducing their carbon emissions.
In addition, companies registered in Latvia can benefit from tax reductions by opting for special tax regimes.
These schemes are designed to encourage companies to invest in specific sectors, such as innovation and technology.
Companies incorporated in Latvia can also benefit from tax reductions by opting for special tax regimes for low-tax companies.
Finally, companies registered in Latvia can benefit from tax reductions by opting for special tax regimes for companies with low tax rates.
These schemes are designed to encourage companies to invest in specific sectors, such as innovation and technology.
Companies incorporated in Latvia can also benefit from tax reductions by opting for special tax regimes for low-tax companies.
IX. What are the deadlines and procedures for paying corporate taxes in Latvia?
In Latvia, companies are required to pay their taxes on specific dates and according to specific procedures.
Latvian companies must pay their taxes at the end of the month following the end of the accounting year.
Companies registered in Latvia must submit their tax declarations and tax payments to the Latvian Tax Administration.
Companies incorporated in Latvia can pay their taxes by bank transfer, check or credit card.
Latvian companies must also provide additional information to the Latvian Tax Administration, such as information about their activities and income.
Companies incorporated in Latvia must also provide information about their employees and expenses.
Companies registered in Latvia must also provide information on their activities and income to the Latvian Tax Administration.
Companies incorporated in Latvia must also ensure that they are in good standing with the tax laws and regulations in force in Latvia.
Finally, companies in Latvia that do not respect tax payment deadlines and procedures may be subject to penalties and fines.
X. What are the advantages of passing the LegalTech FIDULINK?
Team Fidulink offers a variety of benefits for entrepreneurs who wish to set up their own company in Latvia. The main advantages are:
– Full assistance for the creation and management of your company in Latvia. Fidulink Consultants help you navigate the process of developing your company in Latvia and ensure that all stages are taken into account. We take care of everything, for your peace of mind. Our specialists guide you to obtain the best tax management solutions by informing you about the changes, the current taxes… You will be surrounded by experts, lawyers, accountants according to your needs.
– Tools and resources to help you manage your company in Latvia. Fidulink consultants offer tools and resources to help you manage your business, understand laws and regulations, and find clients.
– Advice and tax knowledge to help you make informed decisions for your company in Latvia. Fidulink Consultants offer advice and knowledge to help you make informed decisions and ensure your business is on the right track.
– Support services to help you manage your company in Latvia. Fidulink Consultants offers support services to help you manage your company tax-wise and ensure that you are always up to date with the latest information and best practices.
XI. Contact our experts now to find out about our services for companies in Latvia
You can contact us via WhatsApp and Telegram or our internal support by going to our website homepage www.fidulink.com.
You can contact us by email: info@fidulink.com
All our contacts are present on our home page of our website. We invite you to visit it. We would love to hear from you, regarding your custom project in Latvia.
We are at your disposal to answer all your questions and help you set up your company in Latvia. Do not hesitate to contact us if you need help.
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