Managing your business’s accounting can be challenging, especially with the various regulations and requirements set by the Latvian Tax Office (aka: Valsts ieņēmumu dienests (VID)). At BL Grāmatvedība, we aim to provide you with all the support and information you need to navigate through your accounting duties without extra stress.

Stay Compliant with Ease

According to the latest guidelines, enterprises are required to maintain their accounting records using a double entry system. However, smaller businesses such as individual merchants, farming, and fishing enterprises with a turnover not exceeding 300,000 euros can opt for a simpler entry system. Additionally, associations, foundations, and religious organizations with a turnover below 40,000 euros can also use this simplified approach.

Here’s how BL Grāmatvedība can help you:

  1. Expert Guidance: Our team of professionals provides clear, truthful, and timely accounting services. We ensure that your financial statements give a true and fair view of your business’s financial position and results.
  2. Free Accounting Software: The Ministry of Economics, in collaboration with various stakeholders, offers free accounting software for micro-enterprises. This software includes essential registers and is designed to simplify your accounting processes. For more details, check the Ministry of Finance’s website.
  3. Comprehensive Support: From preparing your annual financial statements to ensuring compliance with all regulations, we handle every aspect of your accounting needs. Our goal is to make your accounting straightforward and stress-free, allowing you to focus on growing your business.

Contact Us for Support

If you have any questions or need assistance with your accounting, please contact our main accountant, Lāsma Barskovica at +371 29211857. We are ready to provide you with all the necessary information and support to become a valued member of BL Grāmatvedība.

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