EU tax and accounting advice, from advisers who live in Riga.
Balt Partners is an independent, English-speaking advisory firm based in Riga. We advise non-EU businesses on company structure, Latvian taxation, EU VAT and OSS, bookkeeping and tax residency. You make the decisions. Our job is to make them clear.
- 0% on retained earnings; 20% only on distributed profits. Latvian statutory law since 2018. We explain what it means for your numbers.
- Advice before paperwork. EU VAT, OSS and selling on Amazon Europe all depend on the structure, so that decision comes first.
- Clear guidance on tax residency. Latvia recognises more than one path. We lay out the conditions, you pick what fits.
- Bookkeeping organised from Riga, with an adviser who knows your file.
Dozens of entrepreneurs advised since 2023, across Europe and beyond.
An advisory firm with its feet on the ground in Riga.
No resellers, no call centres. We live here, and we made the move ourselves.
A team that lives here
Our advisers are in Riga, not in a call centre three time zones away. We speak English and French, and we know how Western European entrepreneurs think because we sat in your seat.
Tax, accounting and structuring under one roof
One firm covers the whole picture: company structure, Latvian taxation, EU VAT and OSS, monthly bookkeeping. We organise the books and keep the strategy honest.
One adviser, start to finish
You get a single point of contact who knows your file, from the first call through your first year of operations. No ticket queues, no retelling your story to a stranger.
Four things people get wrong about an EU company in Latvia.
The beliefs we hear every week, and what the law actually says.
Free, 20 minutes, no commitment
Four steps, and you stay in charge at every one.
We advise and prepare the file; you sign and file as the owner, and decide at every step.
Advisory call
20 minutes to understand your business and map the EU structure it needs: Latvian taxation, EU VAT and OSS, bookkeeping and tax residency.
Day 1Written recommendation
You receive our advice in writing: suggested company structure, tax setup, timeline and a firm quote. You decide with the full picture in front of you.
Within 48hCompany and accounting
If you go ahead, we prepare the company formation file for you to sign and file as the owner, help you open a business account with a Latvian bank and organise your bookkeeping.
Once you approveOngoing advice
Bookkeeping organised, EU VAT and OSS filings followed, and an adviser you can call when a tax question comes up.
Every monthRiga, the city our advisers call home.
A modern EU capital with direct flights across Europe, fast internet everywhere and a growing English-speaking community. We advise on it because we live in it.
Why our advice so often points to Latvia.
Three EU-facing options side by side. One combines EU membership, EU VAT and OSS access, and 0% on retained earnings.
| 🇬🇧 UK | 🇪🇪 Estonia | 🇱🇻 Latvia | |
|---|---|---|---|
| Tax on retained earnings | 25% | 0% | 0% |
| Tax on distributed profits | 25% + dividend tax | 20–22% | 20% |
| EU + Schengen | ✗ | ✓ | ✓ |
| Eurozone | ✗ | ✓ | ✓ |
| EU VAT & OSS access | Partial, post-Brexit | ✓ | ✓ |
What they say.
"Clear advice, my decision."
The EU VAT and OSS registration let me invoice European clients and sell on Amazon Europe. Every option was laid out with the trade-offs attached. Nobody pushed. I decided at my own pace.
"Straight answers, every time."
What kept me was the clarity: before each step, I knew exactly what it meant for my EU VAT setup and my books.
"The honest comparison."
I came weighing several EU routes for my European contracts and marketplace sales. They walked me through the trade-offs and Latvia won on the facts: inside the EU, inside Schengen, EU VAT and OSS ready, set up in English. I signed and filed everything as the owner.
The six objections we hear all the time.
Is a Latvian SIA a standard EU company?
A SIA is Latvia's standard private limited company, incorporated under national and EU law. Latvia has been an EU member since 2004, joined the Eurozone in 2014 and the OECD in 2016. It gives you an EU-established entity for EU VAT, OSS and single-market trade, like a company formed in any other member state. Our advice works within that framework.
Do I have to live 183 days a year in Latvia?
Not necessarily. Latvian law recognises more than one path to tax residency, and the 183-day count is only one of them. A declared address held year-round is another route the law provides for. On the call, we go through the conditions that apply to your case, in plain terms, so you can decide.
What does an EU company in Latvia cost, and how is it taxed?
Corporate tax is 0% on retained earnings and 20% on distributed profits, Latvia's statutory framework since 2018. Our firm fees for company formation, EU VAT and OSS setup and bookkeeping are laid out in the written recommendation you receive after the call, with no surprises.
What if I want to leave Latvia later?
You can close your Latvian company whenever you choose. Double-tax treaties between Latvia and most EU countries handle the transition cleanly, and we advise on the exit the same way we advise on the entry.
Why Latvia for an EU entity?
Latvia combines EU, Schengen, Eurozone, OECD, NATO and EEA membership with EU VAT and OSS access. It offers 0% on retained earnings and 20% on distributed profits, and the Tax Foundation ranks its tax system 2nd most competitive in the OECD (2025 index). Our English-speaking advisers work from Riga. That said, our advice depends on your case, and sometimes the honest answer is that Latvia isn't it.
How long until I'm operational?
It depends on your case. The Register of Enterprises and the bank set their own processing times, so we map your timeline on the call and put it in your written recommendation.
Ready to hear what we'd advise?
Book 20 minutes with an English-speaking adviser based in Riga. If Latvia is the wrong fit for your case, we'll say so in the first 5 minutes. No commitment.
Book my free callFree · 20 minutes · Response within 24 hours