Latvia
Northern Europe · LV · 63 treaties
What are the main tax rates in Latvia?
Latvia has a 20% corporate tax rate, a top personal income tax rate of 31.4%, and a standard VAT of 21%.
Tax profile
| Corporate income tax | 20% |
| Withholding — dividends | 0% |
| Withholding — interest | 0% |
| Withholding — royalties | 0% |
| VAT / GST (standard) | 21% |
| Personal income (top rate) | 31.4% |
| Capital gains | 25.5% |
| Tax system | Worldwide |
| Residency threshold | 183 days |
| Exit / departure tax | Yes |
| CFC rules | Yes |
| Transfer pricing | Oecd Aligned |
| Digital nomad visa | Remote Work Visa (Long‑stay visa for employment with foreign employer) |
| Digital services tax | none |
| Global minimum tax (Pillar 2) | None |
Common questions
- How long does it take to become a tax resident in Latvia?
- You can become a tax resident in Latvia after residing there for 183 days.
- Does Latvia have a digital nomad visa?
- Yes, Latvia offers a visa for digital nomads.
- What is Latvia's capital gains tax rate?
- Capital gains in Latvia are taxed at 25.5%.
Tax residency
ModerateWhat makes you a tax resident — and how hard it is to stop being one.
- declared (registered) place of residence in Latvia
- 183 days or more in any 12-month period
- Latvian citizen employed abroad by the Government of Latvia
Latvia does not use citizenship or domicile as the core residency test; the main triggers are a registered address and a 183-day rule. Leaving is usually manageable, but a registered residence must be undone and day-count/ties need to be aligned so the person no longer meets the statutory tests.
Source: PwC Worldwide Tax Summaries
Tax treaty network (66)
In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.