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Do all companies need to comply with international sanctions?

by Katrīne Pļaviņa, Attorney-at-law, Latvia

As of 2016, the execution of national and international sanctions in Latvia is governed by the Law on International Sanctions and National Sanctions of the Republic of Latvia (the Law). It instructs accountants, lawyers, consumer lenders and other companies to...

If you intend to sell your business – good planning pays off

by Gints Vilgerts, Partner, M&A, Latvia

If you want to sell your business for the highest possible price, you need to do your homework. Usually the to-do list is clear, but the list may become longer after receiving the first comments from potential buyers and advisors....

Seller’s liability in M&A transactions

by Vairis Dmitrijevs, Head of M&A, Latvia

Publication in magazine Bilances Juridiskie Padomi / No. 5 (71), May 2019 Contractual Limitations of Seller’s Liability in Business Sales Transactions (M&A) If the buyer timely prepares agreement terms that are acceptable to him or are in line with the established...

VAT Registration – just like the Morse Code. Myth or truth?

by Viktorija Kristholde-Lūse, Tax Expert, Latvia

Although it is possible to apply for the value added tax (VAT) taxpayer status at the time of submitting company registration documents to the Company Register, in practice such registration is impossible. This is due to the rather aggressive practice...

Related Experience

Providing legal assistance to one of the largest Latvian glass manufacturers in a cross-border dispute with Italian company regarding the delivered goods. On 26 June 2019 the court satisfied client’s request to ensure the claim by seizing the debtor’s financial means in Italy.

Representing a marine insurance company in litigation against a Latvian retailer regarding the retailer’s failure to pay for the delivered goods according to United Nations Convention on Contracts for the International Sale of Goods.

Representing a Latvian top 15 company in an ongoing collective dispute with several trade unions. The dispute concerns the interpretation of the rules that determine the amount of compensation that employees may claim in case of business trips or work travel trips.

Representing the client before the State Employment Inspectorate regarding alleged discrimination of employees on the grounds of family status. The case shall clarify, whether employees must issue health insurance to employees, who are on parental leave.

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