The VAT (value added tax) number is essential for companies that carry out transactions in the EU territory or whose turnover reaches a certain threshold. Registration of a VAT number provides a number of advantages:
✅ Compliance with legislation— companies with a turnover of more than EUR 40 000 are required to register as VAT payers.
✅ International trade— The VAT number allows you to legally transact with other EU companies.
✅ VAT reporting options— companies can recover VAT on the company's expenses.
✅ Reliability for cooperation partners— a company with a VAT number is perceived as a serious player in the market.
✅ Competitiveness— VAT payers have access to more advantageous cooperation opportunities.
How to get a VAT number in Latvia?
The process of registering a VAT number includes several stages, but with our support it will go quickly and without complications:
✅ Consultation— assistance in determining whether a company needs a VAT number.
✅ Preparation of documents— preparation of all necessary documents for submission to the State Audit Office.
✅ Submission of application— assistance in the successful completion of the registration process in the State Revenue Service.
✅ Communication with the VID— if necessary, we help answer additional questions.
✅ Obtaining a VAT number— after approval, the company is entered in the register of VAT payers of the VID.