Latvia has experienced a downturn in the business environment


Since 2019, the advantages of the microenterprise tax payer were to be taken by 693 people, and the number of people who lost this status is four times as high – 2860, according to the State Revenue Service.

These data show that the number of active taxpayers with a microenterprise is about 40 thousand and was not affected by either an increase in the tax rate to 15% of the company’s net turnover, or a decrease in the net turnover ceiling from 100 thousand euros in 2017 to 40 thousand in 2018.

As taxpayers with a microenterprise interviewed by the Diena Bizness newspaper noted, “everything is bad for a bad dancer,” and those who really work and whose services are in demand can always find a solution.