VAT registration in Latvia: when it is mandatory
When VAT registration becomes mandatory, and when it pays to register voluntarily.
Updated:
Threshold: EUR 50,000 a year
Registration is mandatory when taxable turnover in a calendar year exceeds EUR 50,000. Fixed assets and intangible investments are not counted.
The 10% margin
If you exceed the threshold by no more than 10% (EUR 5,000), you may defer registration until the end of the year.
When you must register regardless of turnover
- Acquisitions of goods from other EU countries above EUR 10,000 a year
- Before receiving paid services from foreign platforms such as Amazon or Etsy
- Other cases set by law
Voluntary registration
If your customers are VAT-registered or you buy a lot with VAT, voluntary registration often pays. We calculate it for your situation.
Deadlines and amounts can change. Check vid.gov.lv and ur.gov.lv before deciding, or ask us.
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