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Manufacturing functional models in Latvia

Manufacturing functional models in Latvia There are many reasons why select Latvia as a place for establishing the manufacturing facilities for the production for the needs of the group. Among other advantages we may [...]

What is shared service center?

What is shared service center? A shared service center is specially created unit in the legal structure of  the companies group, to which a certain business function or several functions are transferred throughout the organization, [...]

Latvian transfer pricing documentation requirements

Latvian transfer pricing documentation requirements The amendments to the Taxes and Duties Act regarding the transfer pricing mandatory requirements, which entered into force on 1 January 2013 introduced new Section 15.2 “Taxpayer’s duty to submit [...]