Micro-enterprise registration services in Latvia

The micro-enterprise regime is designed specifically for entrepreneurs, offering a simplified, cost-effective way to operate your business. With benefits like a flat 25% tax on turnover up to EUR 50,000, quarterly filings instead of monthly burdens, and no mandatory audits, this regime lets you focus on what matters most – growing your business – while keeping administrative hassles and costs to a minimum.

Advantages of a micro-enterprise

Here’s what makes this option so attractive:

  • Simplified Taxation: Pay a single 25% tax on your turnover, with no complicated calculations or advance tax payments, improving your cash flow.
  • Reduced Administrative Burden: File reports just four times a year and skip the expense and stress of annual audits.
  • Cost Savings: Enjoy a competitive tax rate that keeps more money in your pocket compared to traditional tax regimes.
  • Flexibility: Pause or resume your micro-enterprise status as your business needs evolve, giving you control over your operations.
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Requirements

To take advantage of this regime, your business must meet a few straightforward requirements:

  • Turnover Limit: Annual turnover must not exceed EUR 50,000.
  • Workforce Size: Employ up to five individuals (including yourself if applicable).
  • Eligible Entities: This includes individual merchants, individual enterprises, farms, fish farms, and natural persons registered as economic activity performers with the State Revenue Service (SRS).

Our registration services

Registering as a micro-enterprise might seem overwhelming, especially if you’re unfamiliar with Latvian regulations or pressed for time. That’s where we step in. Our expert team specializes in making the process fast, accurate, and stress-free. We’ll:

  • Ensure your application meets all legal requirements.
  • Handle the paperwork and submit it before the critical December 15 deadline for the upcoming year.
  • Provide personalized guidance based on our extensive knowledge of Latvian business laws.

Why risk missing out or making costly mistakes? Let us take the burden off your shoulders and get your micro-enterprise up and running smoothly.

Contact us

Take the first step toward a more efficient, profitable business in Latvia. We’re here to make it happen—get in touch today!