EU VAT guide – Latvia

The standard VAT rate in Latvia is 21%. VAT reporting frequency is monthly, quarterly, or yearly.
Cross-border electronically supplied services are subject to VAT. The tax authority is the State Revenue Service, and the reporting currency is EUR.
There are different VAT rates in Latvia: 21% for standard rate, 12% for reduced rate (applies to accommodation services, passenger transport services, and medicines), 5% for reduced rate (applies to books, newspapers, and other periodicals in printed versions), and 0% for zero rate (applies to intra-community supply of goods and export of goods to non-EU countries).
The VAT registration threshold for resident businesses is EUR 50,000, while there is no registration threshold for non-resident businesses.
The EU-wide harmonized threshold for intra-EU distance sales of goods and B2C supplies of services is EUR 10,000.
Non-EU established suppliers of electronically supplied services have no registration threshold.

Country guides