TMF Latvia helps organisations invest and operate safely in the country. Our Riga-based team delivers accounting, finance, tax compliance, payroll and HR administration and corporate secretarial support. Following TMF Group’s acquisition of Nordgain in Latvia, we now offer enhanced financial management, transaction processing and specialised support for regulated entities, including EMIs and investment structures. We help businesses remain compliant, reduce risk and streamline multi‑jurisdictional operations.
Key sectors in which we work: real estate, Shared Service Centres (SSC) or Business Service Centres (BSC), logistics, manufacturing, Virtual Asset Service Providers (VASP), hospitality, restaurants, retail, trade, fintech, aviation.
Key local expertise
Accounting & tax compliance
End‑to‑end statutory accounting, tax compliance, reporting and regulatory submissions tailored to Latvian and international requirements. We support:
Statutory accounting
VAT and CIT filings
Annual financial statements and group reporting
Compliance with Latvian regulations and IFRS
End‑to‑end statutory accounting, tax compliance, reporting and regulatory submissions tailored to Latvian and international requirements. We support:
Statutory accounting
VAT and CIT filings
Annual financial statements and group reporting
Compliance with Latvian regulations and IFRS
Payroll & HR administration
Comprehensive payroll and HR administration delivered by local specialists to ensure accuracy, confidentiality and compliance with Latvian labour requirements. We manage:
Payroll calculations and payslips
Social security declarations
Employment documentation and onboarding
Comprehensive payroll and HR administration delivered by local specialists to ensure accuracy, confidentiality and compliance with Latvian labour requirements. We manage:
Payroll calculations and payslips
Social security declarations
Employment documentation and onboarding
Financial management & reporting
Management accounting, budgeting, forecasting and performance reporting to support decision‑making and operational visibility. We offer:
Financial management, including monthly management accounts
KPI dashboards and budget cycles
Advisory services from senior finance professionals
Management accounting, budgeting, forecasting and performance reporting to support decision‑making and operational visibility. We offer:
Financial management, including monthly management accounts
KPI dashboards and budget cycles
Advisory services from senior finance professionals
Global entity management (GEM)
Corporate secretarial, governance and entity lifecycle management to support compliance across Latvia and multi‑jurisdictional structures. We assist with:
Incorporations and statutory changes
Directors’ registers and shareholder updates
Annual reporting obligations and governance support
Compliance and alignment with Latvian corporate law, including registered office services, corporate filings, document retrieval and ongoing governance maintenance
Corporate secretarial, governance and entity lifecycle management to support compliance across Latvia and multi‑jurisdictional structures. We assist with:
Incorporations and statutory changes
Directors’ registers and shareholder updates
Annual reporting obligations and governance support
Compliance and alignment with Latvian corporate law, including registered office services, corporate filings, document retrieval and ongoing governance maintenance
Office locations
Riga
TMF Latvia
Marijas 2A Novira Plaza Riga, 2nd floor LV-1050 Riga, Latvia
With 13,000 colleagues in 125+ offices across 87 jurisdictions, we provide critical administrative services that help clients invest and operate safely around the world.
