COMMERCIAL AND CORPORATE LAW – The Senate indicates that for board members’ liability for unsubmitted accounting documents, the administrator must specifically prove how the missing documentation affects creditors’ ability to recover debts REAL ESTATE AND CONSTRUCTION – The court recognized that the municipality had reasonably ordered the demolition of a fence and gates illegally built […]
Legislative Review May 22–28, 2026 Lasīt vairāk »
COMMERCIAL LAW AND CORPORATE LAW – Decision to terminate association’s activities revoked after election of new board REAL ESTATE AND CONSTRUCTION – Amendments to the Apartment Ownership Law ENERGY – Planned strengthening of wind power plant supervision regulations– AST to conduct stability test of synchronous compensator and battery operation in Latgale REGULATED LAW – Public
Legislative Review May 15–21, 2026 Lasīt vairāk »
ENERGY – Amendments to the Law “On Environmental Impact Assessment”– Calculator developed for calculating emissions and NRT for filling stations– Energy Sector Review – April 2026 REGULATED RIGHTS – Amendments to the Law on Accessibility of Goods and Services will introduce definitions in line with the European Union Directive – Amendments to the Law on
Legislative Review May 8–14, 2026 Lasīt vairāk »
Recently, the State Revenue Service (SRS) published a clarification regarding the frequency of tax invoice issuance for long-term services. The question arose in connection with land lease agreements concluded for a period of 12 months or, in some cases, even 60 months. Specifically, it was assessed whether, in a situation where a lease service is
When should a VAT invoice be issued for long-term services? Lasīt vairāk »
COMMERCIAL AND CORPORATE LAW – Dismissal of a cooperative society’s board and recognition of the election of a new board as lawful– Annulment of the decision to terminate an association’s activities after regularizing the board composition ENERGY – The Cabinet of Ministers (CM) supports the developed support program for strengthening energy infrastructure– The Cabinet of
Legislative Review May 1 – May 7, 2026 Lasīt vairāk »
Latvian transfer pricing regulations stipulate that transactions between related parties, regardless of their country of residence, must comply with the arm’s length principle, ensuring the same economic result as in comparable transactions with unrelated parties. Although this principle is well-known in the business environment, consistent compliance in practice is often hindered by objective circumstances—unavailability of
Transfer Pricing Adjustments: What You Need to Know in the Context of 2026 Lasīt vairāk »
REAL ESTATE AND CONSTRUCTION – Updates the construction standard for electronic communication networks ENERGY – Regulations on requirements for the independence of the electricity distribution system operator– SPRK has approved system connection rules for electricity distribution and transmission systems – Two environmental impact assessments for wind farm parks approved – Informative report adopted on the
Legislative Review April 24–30, 2026 Lasīt vairāk »
COMMERCIAL AND CORPORATE LAW – Annual LIFE Programme Info Day REAL ESTATE AND CONSTRUCTION – Clarified Requirements for Planning and Construction of Electronic Communications Infrastructure– Regulation to be Clarified Regarding Municipalities’ Right to Demand Fixed-Term Lease Agreements ENERGY – Clarification of EU Cohesion Project Implementation Conditions– Changes in the Composition of the “CONEXUS” Council LABOUR
Legislative Review April 17–23, 2026 Lasīt vairāk »
COMMERCIAL LAW AND CORPORATE LAW – Planned amendments provide for the exclusion of inactive and outdated sole proprietorships and farms from the register REAL ESTATE AND CONSTRUCTION – Amendments to construction regulations specify which building elements are to be included in the building area– Amendments to building energy efficiency regulations introduce EU directive requirements ENERGY
Legislative Review April 10–16, 2026 Lasīt vairāk »
COMMERCIAL AND CORPORATE LAW – Implementation of EU Directive requirements for the supervision of financial conglomerates and exchange of information REAL ESTATE AND CONSTRUCTION – New amendments will facilitate the consolidation and demolition of telecommunications engineering networks– Construction work will be able to start on one phase in parallel with the design of another phase–
Legislative Review March 27 – April 9, 2026 Lasīt vairāk »
