EconomyPublished: 31 October 2026 at 15:10
Business starters in Latvia to be able to pay a 10% micro-enterprise tax from 1 April 2027
A new 10% micro-enterprise tax will take effect in Latvia on 1 April next year. It is intended for individuals whose annual turnover does not exceed 12,000 euros.
A new micro-enterprise tax with a rate of 10% will come into force in Latvia on 1 April next year. It is aimed at people starting out in business, and it comes with simple rules for paying the tax.
Who is eligible
The tax, levied on turnover, can be paid by individuals whose annual turnover does not exceed 12,000 euros. Two further conditions apply: the person must not employ other workers and must not carry out any other economic activity.
Simpler payment
Business starters will also have straightforward rules for paying the tax. The source does not give further details on how the tax will be calculated and paid.
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