News

In the world of financial and accounting services, trust is the most important currency. Numeri aims to be a highly valued partner in the financial sector, offering services that are not only high-quality but also responsible and transparent. Preventing money laundering and terrorist financing, as well as conducting thorough risk assessment and mitigation, are therefore integral parts of our daily work. To keep pace with regulatory developments and further strengthen our internal processes, we partnered with Complok, whose up to date risk assessment platform supports us perfectly.

If the question how to develop employees' digital skills without significantly increasing training budgets resurfaces in your company from time to time, one practical solution is state‑funded digital skills training, available through Latvia's STARS skills management platform. This opportunity is relevant not only for individuals, but also for employers who want to systematically develop their teams' competencies.

Scaling a new-ish company often comes down to making the right moves with limited time and budget - investing in the essentials, validating your value proposition and growing without overstretching cash flow. At this stage, business incubation support in Latvia can become a valuable springboard for growth. Through this state-supported LIAA programme, entrepreneurs gain access not only to funding, but also to practical knowledge, mentoring and a strong business ecosystem across Latvia.

Over the past year, Numeri Latvia has devoted special attention to technological solutions that reduce manual work for both the client and the accountant, making collaboration faster, more transparent and more secure. A significant role in this process has been played by the partnership with MONEO Latvia and their powerful solution MONEO GO, which has now become a practical everyday work tool, changing the cooperation model between the accountant and the entrepreneur. Read how Jeļena, Numeri Senior Accountant, successfully helped implement the solution for our client - the Pharmacists' Society of Latvia - and what the client's experience has been working with the platform.

On 19 February, the MONEYVAL sixth round mutual evaluation report on Latvia was published confirming that the country’s system has been significantly strengthened which is especially important in the context of reputation, the investment environment and the stability of the financial sector. However, the report is equally important for both local entrepreneurs who operate as subjects of the AML law and others.

From 18 February, the State Revenue Service (SRS or VID) has introduced a new early access mobile app "Mans VID". It allows residents to conveniently and securely use the most popular tax services on their smart devices. The app has been developed to simplify the handling of everyday tax matters and to make communication with SRS more accessible for both residents and entrepreneurs.

Supporting a global technology and consulting company across Estonia, Latvia and Lithuania is not a routine payroll engagement. It's a coordination task between systems, reporting standards, local compliance frameworks and international expectations. Here's how we did it for the client, a global tech giant.

As of 18 February, the former Latvian e-services platform of the Investment and Development Agency of Latvia (LIAA) Business.gov.lv becomes a centralized digital environment for state aid, licenses, permits and other business-related e-services. Business.gov.lv transformation marks a significant milestone in the development of the country's digital services, ensuring unified access to more than 600 services, thus significantly facilitating the business environment in Latvia.

On 10 February 2026, the European Investment Fund (EIF) together with Estonia, Latvia and Lithuania announced the establishment of the Baltic Innovation Fund 3 (BIF 3) with a value of 225 million EUR. However, for entrepreneurs the most important question is not only the size of the fund but rather how the fund will affect capital availability and business growth opportunities in the Baltics in the coming years.

The submission of the voluntary annual personal income tax return in Latvia on 1 March is approaching, giving Latvian residents the opportunity to recover overpaid personal income tax (PIT). If during you have worked, studied, received medical treatment, donated or made pension savings in 2025, submitting a return may result in a real refund deposited into your bank account.

The summer student employment program, implemented every year by the Latvian State Employment Agency (NVA), will one again offer employers the opportunity to attract motivated young people with state co-financing, while also contributing to the development of the future workforce. The acceptance of applications for implementing the student employment program in summer 2026 will begin from 23 February to 15 March.

The EU Pay Transparency Directive requires all EU Member States to implement new pay transparency laws by June 2026 aiming to promote fair pay through transparency before hiring, employee rights to pay information, objective pay structures and mandatory gender pay gap reporting. For businesses operating in the Baltics, the core rules will be similar, but the way Estonia, Latvia and Lithuania are implementing them differs in scope, pace and regulatory approach.