The Value Added Tax (VAT) Law and Cabinet Regulation No. 1514 set out the procedure by which a Latvian VAT payer can request a refund of VAT paid in another European Union Member State. This procedure applies in situations where a Latvian company has paid VAT in another Member State for goods or services (e.g., […]
COMMERCIAL LAW AND CORPORATE LAW – Amendments to the Law “On the Register of Enterprises of the Republic of Latvia”– Senate: Distinction between the performance of a contract for client acquisition intermediation and advice or recommendation REAL ESTATE AND CONSTRUCTION – Amendments to Cabinet Regulations No. 693 “Construction Normative LBN 200-21, General Requirements for Buildings”
Legislative Review March 20–26, 2026 Lasīt vairāk »
COMMERCIAL AND CORPORATE LAW – The Senate recognized that the court erroneously declared insolvency proceedings, ignoring an existing dispute over obligations REAL ESTATE AND CONSTRUCTION – Amendments to Cabinet Regulation No. 500 “General Construction Regulations”– Amendments to Cabinet Regulation No. 156 “Procedures for Market Surveillance of Construction Products” ENERGY – Amendments to Cabinet Regulation No.
Legislative Review March 13–19, 2026 Lasīt vairāk »
COMMERCIAL AND CORPORATE LAW – The Senate refers preliminary questions to the CJEU to determine whether a service provider’s exclusive rights exclude market competition or whether the factual circumstances of the specific situation must also be analyzed REAL ESTATE AND CONSTRUCTION – Amendments to Cabinet Regulation No. 384 “Building Code LBN 405-21 on Technical Inspection
Legislative Review 01.03.–12.03.2026 Lasīt vairāk »
For several years now, the State Revenue Service (SRS) has been actively recovering companies’ tax debts from the transferees of these companies. Specifically, in cases where it can be established that a company (tax debtor) has been acquired, i.e., everything necessary for the continuation of the respective economic activity without significant changes has been transferred
Change in Practice Regarding Business Transfers Lasīt vairāk »
REAL ESTATE AND CONSTRUCTION – Constitutional Court begins reviewing a case on the deletion of lease rights registered in the Land Register for state-owned real estate– Municipality is not obliged to coordinate building permits with land tenants ENERGY – Amendments to the Energy Law– Kuldīga Old Town Preservation and Protection Law– Amendments to the Public
Legislative Review February 20–26, 2026 Lasīt vairāk »
When the SRS addresses related party loans, the central issue is almost always the interest rate. In practice, a seemingly simple approach is often used: to compare the loan interest rate with the average indicators published by the Bank of Latvia and, if it exceeds the “average”, to make tax adjustments. The Senate of the
For a long time, loans to board members, shareholders, and other related parties were perceived in business practice as a low-risk issue. They were not at the top of the State Revenue Service (SRS) priorities, and many companies concluded based on this: “if no one has asked anything so far, then everything is fine.” This
Loans to Board Members and Related Parties: A Risk Coming into Focus Lasīt vairāk »
REAL ESTATE AND CONSTRUCTION – The Law on Building Rights for Residential Rental Houses has been promulgated, according to which multi-apartment rental houses can be built on land owned by the state or municipality– Senate: Co-owners’ consent for construction work is not tied to a specific form of expression of will– Municipality’s duty to observe
Legislative Review February 12–19, 2026 Lasīt vairāk »
As of October 1, 2026, the procedure by which a thermal energy producer sells its produced thermal energy to a district heating system operator will change. These changes are included in the amendments to the Energy Law, which the Saeima supported on February 12 with a clearly defined objective: to address price fluctuations in the
