Covid-19, whats important


 Our office keeps up with all the latest news in the country at this difficult time. We offer you to look at the information that matters most to us.

For companies suffering from the covid-19 crisis there will be – downtime compensation to their employeesand extension of the tax payment deadline.

For entrepreneurship and employees in all sectors – faster refund of VAT overpayment upon submission of the declaration, extended deadlines for submitting annual reports and payers of PIT may no longer make advance payments from 1 January 2020. Once paid, it is possible to recover overpaid tax.

Additional support tools – possibility to agree with the credit institution on changes in the payment schedule,a credit guarantee on existing liabilities deferred by up to two years, with a maximum guarantee of up to 10 years and a maximum of 50% and  soft loans and interest rate loans to finance new working capital up to EUR 1 million.



March 19, 2020

About action during emergency

In the light of the statement by the World Health Organization of 11 March 2020 that coronavirus disease 2019 (COVID-19) has been confirmed as pandemic and based on the state of emergency declared in Latvia by the Cabinet of Ministers until 14 Apr...


February 24, 2020

2nd place in 2019 for client referral index

In the end of january was this year’s first European Law Firm meeting,that was held in Greece capital city Athens, this meeting was organized by KSP Consulting.


January 29, 2020

End of 2019 deal

At the end of 2019, we took part in a state-run complex transaction involving the purchase of a building with land We represented the interests of the buyer, conducted the research process, negotiated with the sellers, ensured the execution ...


October 30, 2019

Annual JUREX conference dedicated to business disputes in international transport industry

An annual conference organized by JUREX (a member of the European Law Firm Alliance in Lithuania) covered  business disputes in the transport sector. Transport companies often face difficulties due to the employees  and business partners ...


July 12, 2019

Improvements and challenges within the arbitral institution

On 3 July, the Latvian Chamber of Commerce and Industry (LCCI), in cooperation with the Ministry of Justice, held a discussion on “Current Challenges and Improvements in the Functioning of Arbitration Institutions”, which assessed the ...


May 24, 2019

The road to the Netherlands

The Netherlands for a long time has been a reliable Latvia’s partner in economy, culture and education. Latvian Chamber of Commerce and Industry partnered with European Law firm members KLOTINI SERGIS and Holla Advocaten (Netherlands) in org...