Annual Income Declaration Submitting the annual income declaration (GID) is mandatory for persons engaged in economic activity and the self-employed. Self-employed individuals must complete section D3 in the EDS system when submitting their GID.
The most important about the Micro-enterprise Tax (MUN) regime Micro-enterprise taxpayers can be individuals conducting economic activity, sole traders, individual enterprises, as well as farm or fishing holdings. Conditions: the expected annual turnover must not exceed €40,000, and there must be no plans to switch to VAT payer status (i.e., before reaching the VAT registration threshold).
Is VAT Registration Required When Importing Goods? Reader asks: An individual – a self-employed person who is a personal income tax payer – makes jewelry. They purchase the necessary materials (beads, hooks, and threads) from online platforms such as Temu.com and Etsy.com. In such a case, is it necessary to register as a value-added tax (VAT) payer? Is VAT registration required in Latvia if the materials are purchased from countries outside the European Union (EU)?
When does a self-employed person in Latvia need to register as a VAT payer? After becoming self-employed, you've probably asked yourself: do I need to become a Value Added Tax (VAT) payer, and when is the right time? Read this article to find answers to the most common questions self-employed individuals have regarding VAT payer status!
Self-Employed Income During Parental Leave in Latvia Andrika Stretinska, Senior Expert at the Methodological Management Department of Benefits, State Social Insurance Agency Reader asks: A self-employed person is currently on parental leave. It is planned that each month, they will receive money into their account as a percentage of previously sold books. From time to time, this person would also like to create personalized orders for clients. Can a self-employed individual, who simultaneously...
21. October, 2026
