At Midarius, we specialise in helping companies of all sizes – local and foreign – with accounting in Latvia and the full process of company formation in the country. Whether you’re already trading or considering entering the Latvian market, our dedicated team ensures your operations are financially sound, compliant and positioned for growth.
Bookkeeping & Ledger Maintenance
Full bookkeeping and ledger maintenance
Financial Statements & Reporting
Preparation of monthly, quarterly, and annual financial statements
VAT & Intrastat Compliance
VAT registration and VAT returns, including Intrastat reporting
Corporate Tax Compliance
Corporate income tax filings and ongoing tax compliance management
Payroll & Employment Taxes
Employee payroll, social security contributions, and employment tax compliance
Management Reporting & KPIs
Management reports and KPI dashboards for business decision-making
Outsourced Accounting Services
Outsourced accountant service — expert support without hiring in-house
Accounting Advisory & Optimisation
Advisory services including accounting system set-up, process optimisation, and internal controls
Legal Structure & Tax Strategy
Advising on the optimal legal form (e.g., SIA – limited liability company) and tax structure
Company Registration
Preparation and submission of registration documents to the Register of Enterprises of the Republic of Latvia
Tax Registration
Assistance with obtaining tax registrations, including VAT and employer taxes
Bank Account Setup
Support with opening bank accounts with local or international banks
Accounting & Compliance Setup
Setting up accounting systems, initial bookkeeping, and compliance frameworks
Who we help?
Local Businesses
Local Latvian entrepreneurs seeking outsourced accounting support
International Investors
International investors setting up operations or a branch presence in Latvia
Growth & Digital Companies
Holding companies, trading companies, e-commerce businesses, and startups looking to scale
Cross-Border & Multilingual Operations
Companies requiring multilingual reporting, international consolidation, or cross-border tax advisory
Why choose Midarius?
Licensed Local Presence
Licensed and registered in Latvia, with an established local presence in Riga
Latvian Tax & Regulatory Expertise
Deep understanding of Latvian tax laws, bookkeeping standards, and regulatory filings
International & Multilingual Experience
Multilingual team experienced with foreign-owned companies, cross-border operations, and EU/EEA markets
Flexible & Secure Engagement Models
Flexible service formats from full outsourcing to advisory support, with strict confidentiality and data security standards
Why Choose Midarius
Licensed & Accredited
Certified under Latvian law, fully compliant with professional standards.
Local & International Expertise
Multilingual support for Latvian and foreign-owned businesses.
Fully Digital via MANAKABATA
Secure online platform for data, documents, and workflows — fast, paperless, transparent.
Clear Pricing, Proactive Updates
Upfront fees, regular communication, smarter decisions with lower tax risk.
Secure & GDPR-Compliant
Encrypted systems, strict confidentiality, full regulatory compliance.
End-to-End Financial Support
From setup to bookkeeping, tax planning, and audits — all in one place.
Ready to grow your business in Latvia?
Let Midarius handle your accounting, tax, and compliance — so you can focus on what matters most.