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Non-Certified World Language Text Translation
Applicable country/region: WORLD - Global
- English-speaking advisor
- Global local setup support
- Tailored service assessment
Response within 1 working hour on business days. We confirm applicability and estimated fees first.
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Chinese Mainland Corporate Client
Chinese Mainland Corporate Client
Frequently Asked Questions
About Latvia
Latvia offers a strategic Baltic location with EU and eurozone membership, 20% corporate tax with zero tax on reinvested profits, a multilingual workforce, and strong IT and logistics sectors.
View Complete InformationLatvia Tax Brief
- General CIT Rate
- 20 (only payable when distributing profits).
- CIT Return Due Date
- The tax deadline is one month. If taxpayers are allowed to pre-order proof documents quarterly, the tax period is one quarter. The return is filed by the 20th day of the month after each tax period; a period with no taxable object needs no return, except the one covering the last month of the financial year, which is always filed.
- CIT Payment Due Date
- If there is a tax base, the tax payable should be paid on or before the 23rd day of the next tax filing period each month.
- CIT Estimated Payment Due Date
- No estimated CIT payment.
- Resident Withholding Tax (Dividend/Interest/Royalty)
- NA
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 0/0/0
- General VAT Rate
- 21
- General Capital Gain Tax Rate
- Capital gains are constrained by the normal corporate income tax rate.
- Composite Effective Average Tax Rate
- 17.00%
- Composite Effective Marginal Tax Rate
- 0.00%

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