Latvia Accounting Services<\/h1><\/span><\/div><\/div><\/div>BREICIS is a company that specializes in tax services: tax structuring projects, tax issues, business evaluation, including assessment of non-tangible properties, drawing up transfer price documents.<\/p>\n<\/div>
<\/i>+371 29 274 911<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div>200<\/p>\n<\/div>
Happy Customers<\/p>\n<\/div><\/div><\/div>
10<\/p>\n<\/div>
Years of Experiences<\/p>\n<\/div><\/div><\/div><\/div><\/div>
![](\"https:\/\/breicis.com\/wp-content\/uploads\/2025\/05\/business-about-2.jpg\" "\\"business-about-2\\"")
<\/span><\/div><\/div><\/div>![](\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27960%27%20height%3D%27550%27%20viewBox%3D%270%200%20960%20550%27%3E%3Crect%20width%3D%27960%27%20height%3D%27550%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\")
<\/div><\/div>Our accounting services in Latvia include both everyday accounting services and complex business activity support services, including relevant legal, tax planning, and other services.<\/p>\n
We have been offering accounting services since 2012 and we are proud to maintain a dedicated team of qualified accountants. Our team also includes experienced tax consultants who specialize in company formation<\/a>, business structuring<\/a>, and a wide array of other tax-related issues<\/a>, creating a seamless synergy within our departments. The accounting practice is led by Art\u016brs Breicis who is a member of the Latvian Tax Consultants<\/a> Association and a member of the Association of Chartered Certified Accountants (ACCA)<\/a>.<\/p>\nIt\u2019s worth noting that the new Accounting Law<\/a> came into force in 2022, encompassing provisions related to the licensing of outsourced accountants and the establishment of the outsourced accountant registry.<\/p>\n<\/div><\/i>+371 29 274 911<\/span><\/a><\/div><\/div><\/div><\/div><\/div>We are registered in the outsourced accountant registry of accounting service providers (Reg.No.: 40103493286). This registry holds information about accounting service providers who have been granted a license by the State Revenue Service to operate as outsourced accountants. It includes details about the responsible outsourced accountant, the professional civil liability insurance policy, and any updates regarding the status of the issued license, such as suspensions or cancellations.<\/p>\n
The accounting services aligned with tax compliance, legal support, and transfer pricing constitute a wide range of our professional services. We differentiate ourselves from competitors in extensive experience in cross-border transactions. Our services include ensuring compliance with accounting requirements for permanent establishments of foreign companies, VAT compliance<\/a>, and payroll compliance<\/a> for non-residents. Accounting services are usually inter-related with the decision-making, therefore, our specialists are always keen to support you with relevant tax and legal information. We have extensive experience in accounting services, taxes, and commercial law.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/span>Our daily accounting services in Latvia include:<\/h3><\/span><\/div><\/div><\/div>\n- Supplying accounting services for the companies with local and foreign capital and permanent establishments or branches in accordance with regulatory enactments of legislation of the Republic of Latvia;<\/li>\n
- Tax accounting, drawing up and submitting tax reports for state institutions;<\/li>\n
- Representation in the State Revenue Service and other state institutions;<\/li>\n
- Drawing up and submitting VAT returns;<\/li>\n
- Drawing up annual reports;<\/li>\n
- Statistics report for the Central Statistical Bureau, Bank of Latvia;<\/li>\n
- Annual tax returns;<\/li>\n
- Drawing up statements and reports for the members or shareholders.<\/li>\n<\/ul>\n<\/div><\/div><\/div>
![](\"http:\/\/breicis.com\/wp-content\/uploads\/2023\/10\/BREICIS_accounting_2.jpg\" "\\"BREICIS_accounting_2\\"")
<\/span><\/div>We are easy to reach \u2013 BREICIS<\/a> is located at Aspazijas Boulevard 24 in the heart of Riga, right beside the Grand Hotel Kempinski and directly across from the Latvian National Opera.<\/p>\n<\/div><\/i>+371 29 274 911<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/span>taxation planning<\/h3><\/span><\/div><\/div><\/div>Eiusmod tempor incididunt ipsum ut labore dolore magna aliqua. Ut enim minim veniam duisy ipsum sed quis.<\/p>\n<\/div><\/div><\/div>
![\"Latvia](\"https:\/\/breicis.com\/wp-content\/uploads\/2020\/09\/132526715_s-e1696943694967.jpg\" "\\"Latvia")
<\/span><\/div><\/div><\/div>We provide the company\u2019s finance audit (reviews) and related services in cooperation with qualified auditors:<\/p>\n
\n- Audit or review the company\u2019s financial statement;<\/li>\n
- Inspection of the internal control system;<\/li>\n
- Inspection of the company\u2019s reorganization;<\/li>\n
- Inspection of reports on liquidation of the company.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div>
All previously mentioned services are provided in accordance with International revision standards and laws of the Republic of Latvia.<\/p>\n<\/div><\/div><\/div>
<\/div><\/div><\/div><\/div>![](\"http:\/\/breicis.com\/wp-content\/uploads\/2023\/10\/BREICIS_accounting_3.jpg\" "\\"BREICIS_accounting_3\\"")
<\/span><\/div><\/div><\/div><\/div>Reliable Accounting Services in Latvia<\/p>\n<\/div>
<\/div><\/div><\/div>![](\"http:\/\/breicis.com\/wp-content\/uploads\/2023\/10\/BREICIS_accounting_4.jpg\" "\\"BREICIS_accounting_4\\"")
<\/span><\/div><\/div><\/div><\/div>Accurate and Timely Accounting Services<\/p>\n<\/div>
<\/div><\/div><\/div>![](\"http:\/\/breicis.com\/wp-content\/uploads\/2025\/06\/BREICIS_accounting_100-1.jpg\" "\\"BREICIS_accounting_100\\"")
<\/span><\/div><\/div><\/div><\/div>Personalized Accounting Services<\/p>\n<\/div>
<\/div><\/div><\/div><\/div><\/div><\/i><\/i><\/span> Accounting services for legal entities<\/span><\/a><\/h3><\/div>\nAccounting services for legal entities in Latvia<\/h2>\n
Each company carrying out business activities in Latvia should prepare and maintain accounting records. Accurate accounting is one of the most important conditions for a company\u2019s development. Accounting should reflect the entire economic activity of the enterprise, which influences the condition of the company\u2019s assets and liabilities In accordance with the Latvian Accounting Law, accounting should be conducted in the Latvian language and kept in the territory of Latvia. As of 1 January 2014 accounting should be done in euro. Accounting documents must be provided to the State Revenue Service on request, for example, in case of the tax audit. Responsibility for accounting rests with the board of the company.<\/p>\n
Annual report preparation<\/h3>\n
The reporting year includes 12 months and usually coincides with the calendar year. In case if a new enterprise is established, the first reporting year may include a shorter or a longer period, but no longer than 18 months. Companies have to prepare an annual statement in accordance with the Act, which includes the following sections:<\/p>\n
BREICIS is a company that specializes in tax services: tax structuring projects, tax issues, business evaluation, including assessment of non-tangible properties, drawing up transfer price documents.<\/p>\n<\/div>
200<\/p>\n<\/div>
Happy Customers<\/p>\n<\/div><\/div><\/div>
10<\/p>\n<\/div>
Years of Experiences<\/p>\n<\/div><\/div><\/div><\/div><\/div>
<\/span><\/div><\/div><\/div>Our accounting services in Latvia include both everyday accounting services and complex business activity support services, including relevant legal, tax planning, and other services.<\/p>\n
We have been offering accounting services since 2012 and we are proud to maintain a dedicated team of qualified accountants. Our team also includes experienced tax consultants who specialize in company formation<\/a>, business structuring<\/a>, and a wide array of other tax-related issues<\/a>, creating a seamless synergy within our departments. The accounting practice is led by Art\u016brs Breicis who is a member of the Latvian Tax Consultants<\/a> Association and a member of the Association of Chartered Certified Accountants (ACCA)<\/a>.<\/p>\n It\u2019s worth noting that the new Accounting Law<\/a> came into force in 2022, encompassing provisions related to the licensing of outsourced accountants and the establishment of the outsourced accountant registry.<\/p>\n<\/div> We are registered in the outsourced accountant registry of accounting service providers (Reg.No.: 40103493286). This registry holds information about accounting service providers who have been granted a license by the State Revenue Service to operate as outsourced accountants. It includes details about the responsible outsourced accountant, the professional civil liability insurance policy, and any updates regarding the status of the issued license, such as suspensions or cancellations.<\/p>\n The accounting services aligned with tax compliance, legal support, and transfer pricing constitute a wide range of our professional services. We differentiate ourselves from competitors in extensive experience in cross-border transactions. Our services include ensuring compliance with accounting requirements for permanent establishments of foreign companies, VAT compliance<\/a>, and payroll compliance<\/a> for non-residents. Accounting services are usually inter-related with the decision-making, therefore, our specialists are always keen to support you with relevant tax and legal information. We have extensive experience in accounting services, taxes, and commercial law.<\/p>\n<\/div><\/div><\/div><\/div><\/div> We are easy to reach \u2013 BREICIS<\/a> is located at Aspazijas Boulevard 24 in the heart of Riga, right beside the Grand Hotel Kempinski and directly across from the Latvian National Opera.<\/p>\n<\/div> Eiusmod tempor incididunt ipsum ut labore dolore magna aliqua. Ut enim minim veniam duisy ipsum sed quis.<\/p>\n<\/div><\/div><\/div> We provide the company\u2019s finance audit (reviews) and related services in cooperation with qualified auditors:<\/p>\n All previously mentioned services are provided in accordance with International revision standards and laws of the Republic of Latvia.<\/p>\n<\/div><\/div><\/div> Reliable Accounting Services in Latvia<\/p>\n<\/div> Accurate and Timely Accounting Services<\/p>\n<\/div> Personalized Accounting Services<\/p>\n<\/div> Each company carrying out business activities in Latvia should prepare and maintain accounting records. Accurate accounting is one of the most important conditions for a company\u2019s development. Accounting should reflect the entire economic activity of the enterprise, which influences the condition of the company\u2019s assets and liabilities In accordance with the Latvian Accounting Law, accounting should be conducted in the Latvian language and kept in the territory of Latvia. As of 1 January 2014 accounting should be done in euro. Accounting documents must be provided to the State Revenue Service on request, for example, in case of the tax audit. Responsibility for accounting rests with the board of the company.<\/p>\n The reporting year includes 12 months and usually coincides with the calendar year. In case if a new enterprise is established, the first reporting year may include a shorter or a longer period, but no longer than 18 months. Companies have to prepare an annual statement in accordance with the Act, which includes the following sections:<\/p>\nOur daily accounting services in Latvia include:<\/h3><\/span>
\n
<\/span><\/div>taxation planning<\/h3><\/span>
<\/span><\/div><\/div><\/div>\n
<\/span><\/div><\/div><\/div><\/div><\/span><\/div><\/div><\/div><\/div><\/span><\/div><\/div><\/div><\/div><\/i><\/i><\/span> Accounting services for legal entities<\/span><\/a><\/h3><\/div>
Accounting services for legal entities in Latvia<\/h2>\n
Annual report preparation<\/h3>\n
![\"Accounting](\"https:\/\/breicis.com\/wp-content\/uploads\/2023\/10\/6-200x133.jpg\")
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n![\"Payroll](\"https:\/\/breicis.com\/wp-content\/uploads\/2023\/10\/8-200x200.jpg\")
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><\/div><\/div>![\"Accounting](\"https:\/\/breicis.com\/wp-content\/uploads\/2023\/10\/Accounting-services-for-permanent-establishments-and-branches-400x325.jpg\")
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n![\"Accounting](\"https:\/\/breicis.com\/wp-content\/uploads\/2023\/10\/7_1-200x200.jpg\")
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