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Accounting services in Latvia

About accounting

Absolutely every business in Latvia is obliged to keep the books, submit monthly, quarterly and annual reports, calculate and pay taxes to the state budget and respond in a timely manner to requests from the tax service. 
You will need a local specialist or a company that has a license and a certificate of professional liability insurance for bookkeeping, calculation and calculation of taxes – all these accounting services are the task of the ACCOUNTANCY LATVIA team. Reporting and communication with the tax authorities takes place in the electronic declaration system (EDS), in Latvian. Accounting services in Latvia are one of the key activities of ACCOUNTANCY LATVIA.


  • Licensed Accounting Service Provider

  • Professional liability insured

  • Member of the Latvian and International Association of Accountants

  • Working languages: Russian, English, Latvian

ACCOUNTANCY LATVIA company provides accounting outsourcing in Latvia on a turnkey basis

Depending on the needs and goals of your business, we can provide the following services:

  • Accounting: full or incomplete cycle

    (for example, property accounting, debtors/creditors, bank/cash desk, etc.);

  • HR, personnel movements, wages, temporary personnel

    (for example, payroll calculation and accounting, hiring and firing, business trips, vacations, office work);

  • Preparation and submission of tax returns

    (for example, report on VAT, wages, corporate income tax, excise tax, etc.);

  • Preparation and submission of annual financial reporting

    (for example, balance sheet, profit or loss statement, balance sheet appendices, cash flow statement, management report, etc.);

  • Representing the interests of the client in dealing with auditors and/or government bodies;

Collectively, we serve more than 50 companies different in size and activity types. In addition to the standard set of accounting services, we can also offer you the following services:
  • Revision and audit

    (legislative (mandatory) audit and internal audit).

  • Business plans and forecasts

    (for personal purposes and for the purposes of obtaining financing).

  • Commercial real estate management

    (management, leasing, administration, purchase/sale)

  • Business evaluation

    (When buying or selling a business/assets)

Find out how much accounting services for your business will cost

    Scope of the company

    Region of the company’s activity

    How many people work in the company

    How many pages does a company’s bank statement have? (on the average)

    What experience do we have in accounting?

    ACCOUNTANCY LATVIA, a licensed supplier, has been providing accounting services since 2015. Since 2017, it has been a member of the Latvian Accountants Association (LRGA). Professional liability insured. At the moment, we serve more than 50 companies and about 20 different types of activities in service. Accounting in ACCOUNTANCY LATVIA complies with the laws and regulations of the Republic of Latvia, complies with European standards (IFRS), complies with the requirements of the law to prevent the legalization of illegally acquired funds and the financing of terrorism, and a personal data protection system has been developed. In addition to accounting specialists, we also have tax consultants and lawyers, therefore, we can provide our clients with one-stop support in any accounting, financial, tax and/or legal matters.


    Still have any questions?

    We will advise You and explain all the nuances.