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Latvia Tax Information

21% PVN

PVN (VAT) is 21% standard, 12% for gas/heat, 5% reduced. Registration above €40,000. Source: State Revenue Service Latvia.

Product Manager Services to Invoice

  • Product strategy
  • Roadmap planning
  • User research
  • Prioritization
  • Sprint planning
  • Stakeholder management
  • Launch planning

Invoice Requirements in Latvia

Registration number
PVN number if registered
Client details
Invoice number
PVN breakdown
Total in EUR

Payment Terms

Monthly retainer or project-based. Day rates for interim roles.

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Payment Methods in Latvia

Bank TransferCredit CardPayPalCash

Product Manager Invoice Tips

  • Reference deliverables
  • Include research
  • Document roadmaps
  • Note sprints
  • Track launches

Frequently Asked Questions

What tax rate applies to product manager invoices in Latvia?

Latvia has 21% PVN. PVN (VAT) is 21% standard, 12% for gas/heat, 5% reduced. Registration above €40,000. Source: State Revenue Service Latvia.

What payment methods are common for product managers in Latvia?

Common payment methods in Latvia include: Bank Transfer, Credit Card, PayPal, Cash. Monthly retainer or project-based. Day rates for interim roles.

What should product manager invoices include in Latvia?

Your invoice should include: Registration number, PVN number if registered, Client details, Invoice number. For product manager services specifically, also include: Product strategy, Roadmap planning, User research.

How to price PM services?

Retainer for ongoing, project for initiatives, day rate for interim.

What deliverables?

Roadmaps, PRDs, research reports, sprint plans, launch docs.

What PVN rates apply in Latvia?

Latvia has 21% standard VAT, 12% for gas and heating, 5% for medical products and books. Zero-rated exports.