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Latvia

Corp Tax: 20%Setup: 150 EURIncorporate: 5 daysData Quality: 47%

Tax Rates

Corporate Tax

20%Verified Aug 58067

Effective Corporate Rate

25%

Capital Gains

Personal Income (Top)

36%Verified Aug 58067

VAT

21%Verified Aug 58067

VAT Reduced Rates

12%, 5%, 0%

Dividend Withholding

0%Verified Aug 58067

Tax System

System Type

territorial

Foreign Income Taxed

CFC Rules

YesVerified Aug 58067

Transfer Pricing

mediumVerified Aug 58067

TP Documentation Required

Yes

Incentives

IP Regime

NoneVerified Aug 58067

Crypto Tax

capital gains

Crypto Rate

25.5%

Participation Exemption

Available

Covers Dividends

Yes

Covers Capital Gains

Yes

International

Total Treaties

63Verified Aug 58067

Double Tax Agreements

Key Partners

Germany, United Kingdom, United States, China, Poland, Lithuania, Estonia

Exit Tax