Accounting Services

IBC has provided quality and professional accounting services for local and international clients since 1998. Since then, IBC has expanded its services to include not only accounting for Latvian companies, but for UK and Cypriot companies as well. Via IBC’s professional network, we can provide clients accounting services for virtually any European company. For information on European accounting services, please contact us.

Services for Latvian companies:

• General accounting
• Tax accounting, tax reporting
• Tax consultations
• Payroll accounting
• Client Invoicing
• Management Reporting
• Administration for accounting documentation
• Representing client with Latvian tax authority and other government agency inquiries
• Arranging books from previous periods
• Registration for VAT number
• Online accounting services

Cost Savings

By outsourcing accounting services to IBC, you can reduce expenses associated with hiring an in-house accountant, including: accountant’s monthly salary and related social and wage taxes, office expenses (fax, telephone, office furniture and supplies), and obtaining accounting software licenses.

Service Fees

IBC accounting service fees are based upon the following variables:

• Number of monthly accounting entries (incoming / outgoing invoices)
• Number of employees
• Type of business activity
• Number and type of fixed assets
• Basic administration services, if required

We can provide a monthly fixed fee based upon an examination of the company’s books and with information on the company’s existing or planned activities.

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