Latvia

Effective 1 September 2026, the Latvian Cabinet of Ministers Regulation No. 509, dated 25 August 2026, “Regulations on Prohibited Industrial Goods for Import into Latvia,” enters into force. This measure aligns with European Union sanctions packages targeting the Russian Federation and the Republic of Belarus in response to the ongoing aggression against Ukraine. The regulation […]

On 1 September 2026, the State Revenue Service (VID) released its monthly legislative review summarizing all tax-related normative acts adopted or entering into force during August 2026. The review covers regulations issued by the Cabinet of Ministers, the Ministry of Finance, and VID itself, providing legal references, adoption dates, and effective dates. Key highlights include

Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice. Source: Read Official Announcement

On 25 August 2026, the Public Benefit Commission (Sabiedriskās labuma komisija) held its 16th session and adopted a decision recommending that the State Revenue Service grant public benefit status to 122 organizations. This status, governed by the Public Benefit Organizations Law, confers significant tax advantages, including exemption from corporate income tax on qualifying income, eligibility

Effective 24 August 2026, new technical and operational requirements apply to light commercial vehicles with a maximum gross weight between 2.5 and 3.5 tonnes engaged in international freight transport or cabotage operations. The rules, derived from EU Regulation 2020/1056 and transposed into Latvian law via Cabinet Regulation, mandate the installation of smart tachographs (version 2),

Following amendments to Latvian legislative acts, the import of live animals, fish, plants, firewood, forage, and dairy products from Russia and Belarus is prohibited into the European Union’s single market. The restriction aims to prevent the introduction of animal diseases and pests that could threaten local agriculture and biodiversity. Customs authorities at EU border checkpoints

Latvia’s border authorities have published guidelines specifying which items are prohibited from importation when traveling from countries outside the European Union. The restrictions encompass agricultural products, certain foods, live animals, cultural artifacts, and unprocessed goods that pose risks to national biosecurity, plant health, and animal welfare. Travelers must declare all goods at customs checkpoints, with

The Social Affairs Commission has endorsed a recommendation for the State Revenue Service to implement procedures for granting social enterprise status to qualifying organizations. This status provides tax benefits and regulatory advantages for businesses operating in the social economy sector. The commission’s recommendation follows stakeholder consultations and aims to strengthen the legal framework supporting social

Due to technical issues, access to the Electronic Declaration System (EDS) may be restricted, potentially affecting connected systems including EMDAS, EMCS, OSS, and DEMINIMIS. These disruptions could impact customs clearance processes and tax compliance operations for multinational businesses operating within the European Union. The restrictions underscore the critical dependence on digital infrastructure for cross-border trade