Compliance criteria

To be eligible for the payment of the micro-enterprise text, the micro-enterprise has to comply with the following criteria:

• shareholders (if any) are natural persons. Shareholders in a limited liability company who are natural persons are also board members;
• the turnover in a calendar year does not exceed LVL 70,000;
• the number of employees at any time does not exceed five. Absent employees or discharged employees are not included in the number of employees.

Consequently, the aforementioned persons may choose to pay the micro-enterprise tax if they comply with the criteria regarding shareholders, turnover and the number of employees.

Posted in: [:lv]Mikrouzņēmumu nodoklis [:en]Microenterprise tax [:ru]Micro налог