A financial expert from Grant Thornton Baltic analyses the financial situation of airBaltic, the potential for state support and the airline’s role in the Latvian economy, including its impact on tourism exports and the development of Riga Airport.
Decision on airBaltic funding likely after elections
Accounting
Latvia Introduces a More Competitive Dividend Tax Regime
Accounting
From 2026, Latvian company owners may choose between two dividend distribution models: either continue applying the existing 20% corporate income tax (CIT) regime or opt for a more attractive split-tax regime on distributed profits — particularly favourable for foreign investors — consisting of 15% CIT and 6% personal income tax (PIT).
Grant Thornton Has Supported the Latvian Music Recording Awards “Zelta Mikrofons” for 11 Years
Business Advisory
As a long-standing independent partner of the Latvian Music Recording Awards “Zelta Mikrofons”, Grant Thornton provides professional and confidential vote verification while reinforcing transparency, trust, and its commitment to corporate social responsibility in Latvia.
