A VAT refund guide to Latvia

How to get VAT Refunds from Latvia for your business
Businesses registered in countries outside of Latvia can claim VAT refunds on any costs incurred in Latvia.
The below information details the requirements needed to be eligible for a VAT refund. This includes claimable expense types, Latvia VAT rates, deadlines and claiming periods.
Latvia

Which countries have reciprocity with Latvia?

All EU countries, Iceland, Monaco, Norway, Switzerland, the United Kingdom

For a more detailed explanation on what reciprocity means within the scope of VAT, click here:

What expenses are claimable in Latvia?

Entertainment

Entertainment
0%
Hotels & Accommodation
12%
Restaurants
21%

Events

Conferences, Trade Shows & Exhibitions
21%
Training Courses & Seminars
21%

Travel Related

Car Rental
21%
Fuel
21%
Public Transport
21%
Taxis
21%

General Expenses

Goods
21%
Inter-company charges
21%
Office Expenses
21%
Marketing Costs
21%
Professional Fees & AP invoices
21%

Additional Information

How far back can your business claim VAT from Latvia?
January - December of previous year for all countries
What’s the foreign VAT deadline in Latvia?
30 September for all countries
How long does it take to receive a VAT refund from Latvia?
Depending on the complexity of your application and the capacity at the VAT authority, it can take up to 6 months for EU businesses and up to 9 months for Non-EU businesses to receive a VAT refund from Latvia

Need help with your VAT refund from Latvia?

You don’t have to do this alone. We’ve been helping companies reclaim foreign VAT refunds for over 20 years. We have the knowledge and technology to process your refunds quicker as well as attend to any unforeseen VAT authority queries that may arise.

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