Latvia Tax and Filing Calendar 2026
An overview of the recurring State Revenue Service (VID) deadlines that matter most to a business in Latvia: VAT, payroll taxes, corporate income tax, and the annual report. Save or print this as a reference; deadlines are reviewed once a year.
This calendar applies to companies with a calendar financial year (1 January - 31 December). If your company uses a different financial year, adjust the dates accordingly. Keeping up with these deadlines and filing on your behalf is part of what our accounting outsourcing service covers.
Deadlines checked against VID: 2 September 2026.
Quick reference - monthly deadlines
| What | Filing deadline | Payment deadline |
|---|---|---|
| VAT return | Day 20 | Day 23 |
| Employer's report (payroll) | Day 17 | Day 23 |
| Corporate income tax (CIT) return* | Day 20 | Day 20 |
*Only for months in which profit is distributed or another taxable event occurs - see the section below.
All dates refer to the preceding month. If a deadline falls on a weekend or public holiday, it moves to the next working day.
VAT return
A registered VAT payer must submit the VAT return through the Electronic Declaration System (EDS) within 20 days of the end of the taxation period. Payment is due within 23 days of the end of the taxation period.
The taxation period is normally the calendar month. Smaller VAT payers, whose taxable turnover in the previous year did not exceed the set threshold, may apply to file quarterly instead - the same 20/23-day rule then applies to the quarter as a whole.
A return must be filed even if no taxable transactions took place during the period. A nil return is mandatory, not optional.
The annual VAT summary return (VAT 4) is due by 1 May of the following year.
Source: VID, "Due Dates for Filing Returns and Making Tax Payments" (VAT section).
Payroll taxes - the employer's report
An employer that pays salaries must submit the employer's report by the 17th of each month, covering the previous month. The report includes employee income, personal income tax (IIN) and mandatory state social insurance contributions (VSAOI).
The calculated tax and contributions must be paid into the unified tax account by the 23rd of the same or following month, depending on the pay date.
Unified tax account details:
- Payee: State Budget (VID)
- Registration No.: 90000010008
- Account number: LV33TREL1060000300000
For payroll set-up and ongoing filing, see our payroll services in Latvia, or check take-home pay with the salary calculator.
Source: VID, "Due Dates for Filing Returns and Paying Taxes" (PIT section, Employer's report).
Corporate income tax (CIT)
Latvia's CIT system has a feature that sets it apart from most EU countries: tax is not charged on profit retained in the business. A 0% rate applies to reinvested profit. The 20% rate (grossed up by a coefficient of 0.8, which works out to roughly 25% of the amount actually paid out) applies only to the share of profit that is distributed as dividends, or used for purposes not directly related to business development.
In practice, this means:
- If a company does not distribute profit, no CIT return is required for that month.
- If profit is distributed (dividends), or another taxable event occurs (for example, expenses unrelated to economic activity), the return must be filed and the tax paid by the 20th of the following month.
- CIT advance payments were abolished on 1 July 2018.
Source: VID, "Corporate income tax".
Annual report
The filing deadline depends on company size, under the Law on Annual Reports and Consolidated Annual Reports:
| Company category | Deadline | In 2026 (for the 2025 financial year) |
|---|---|---|
| Micro and small companies | 5 months after year-end | 1 June (31 May falls on a Sunday, so the deadline moves) |
| Medium and large companies, and consolidated reports | 7 months after year-end | 31 July |
These dates apply to companies with a calendar financial year. If your financial year differs, calculate the deadline from your own year-end.
The deadline has two conditions, not one - this is often missed. The law requires the annual report to be filed within one month of its approval and within five months of the financial year-end. Both conditions must be met.
In practice, for a micro or small company filing on 31 May: the shareholders' meeting must approve the report by 30 April at the latest. A company that approves on 20 May and files on 31 May has met the five-month rule but breached the one-month rule.
Source: Law on Annual Reports and Consolidated Annual Reports, Section 97(1); VID FAQ on annual report submission.
For a full walkthrough of company size categories, audit requirements and late-filing penalties, see Annual Report 2026: Key Information for Business Owners.
Personal annual income tax return
Not a company obligation, but worth including as a reminder for board members and staff: the mandatory annual income tax return for the previous year must be filed between 1 March and 1 June. It can still be filed or amended voluntarily for up to three years after the deadline.
E-invoicing - the deadline ahead
Structured electronic invoices have been mandatory in transactions with state and municipal institutions since 1 January 2025. The obligation for business-to-business transactions will take effect on 1 January 2028 (the deadline was extended by amendments to the Accounting Law passed on 5 June 2025).
Frequently asked questions
What happens if the VAT return is filed late?
VID may issue a warning or a fine, and will calculate late-payment interest on any unpaid tax. A nil return must still be filed on time, even with no transactions to report.
Do we need to file a CIT return if profit isn't distributed?
No. If there is no taxable event in a given month, no return is required for that month - except for the return covering the last month of the financial year.
What's the difference between the filing and payment deadlines?
For most taxes (VAT, payroll), the filing deadline comes first (17th-20th), and payment follows later (23rd). CIT is the exception: both deadlines fall on the 20th.
Where are taxes paid?
Most taxes are paid into the unified tax account, rather than into separate accounts for each tax type.
Would rather not track all these dates yourself?
SMAIDA tracks the deadlines and files your VAT, payroll and CIT returns, plus the annual report, on your behalf. It's all included in accounting outsourcing.
Note: This material is for information only and is based on publicly available VID information as checked on 2 September 2026. For specific decisions, please consult your own accountant or lawyer.
Published: 2 September 2026.
← All articles