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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.

Virtual Assistant Services to Invoice

  • Administrative support
  • Email management
  • Calendar scheduling
  • Data entry
  • Research
  • Customer support
  • Social media

Invoice Requirements in Latvia

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

Payment Terms

Retainers paid monthly in advance. Hourly billed bi-weekly or monthly.

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Payment Methods in Latvia

Bank TransferCredit CardPayPalCash

Virtual Assistant Invoice Tips

  • Track hours with descriptions
  • Group tasks by category
  • Include time tracking report
  • Reference retainer hours
  • Note overtime

Frequently Asked Questions

What tax rate applies to virtual assistant 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 virtual assistants in Latvia?

Common payment methods in Latvia include: Bank Transfer, Credit Card, PayPal, Cash. Retainers paid monthly in advance. Hourly billed bi-weekly or monthly.

What should virtual assistant invoices include in Latvia?

Your invoice should include: Registration number, PVN number if registered, Client details, Invoice number. For virtual assistant services specifically, also include: Administrative support, Email management, Calendar scheduling.

How should VAs track and bill time?

Use time tracking software. Provide detailed reports with invoices.

Should VAs offer retainer packages?

Yes, retainers provide stable income. Offer 10, 20, or 40 hour packages.

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.