Report on Expert Seminar on Accounting with R Birojs on “the new (2018) tax law and its implications on business"

CanCham provided an expert seminar on “the new (2018) tax law and its implications for your business" with a presentation by Dzintra Renigere of R Birojs (see and to present and explain the recent changes at the Riga Business School, 11 Skolas iela, on Monday, November 13th, 2017. The new tax laws and regulations which come into effect on January 1st, 2018 have recently been passed by the Government and will seriously impact the financial management of most companies.

The seminar was meant to provide an overall view of upcoming changes for further discussion, and included changes which affect: 

  • Limited liability companies: Corporate income tax, salary taxes (social insurance and personal income tax), VAT (PVN).
  • Microenterprise tax payer companies: Microenterprise tax.
  • Self employed persons:  Personal income tax, social insurance.

Besides changes to regulations, the main message was that taxes are being increased.

The presentation can be downloaded from CanCham 171113 - LV 2018 Tax reform by R Birojs.

Please feel free to contact Dzintra Renigere at Dzintra is prepared to address specific questions.

We thank the Riga Business School for the opportunity to use their facilities for this presentation.

For pictures, see

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