Decision on airBaltic funding likely after elections Accounting

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.

Raitis Logins
| 3 min read | 16 Mar 2026
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).

Raitis Logins
| 2 min read | 27 Feb 2026
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.

Aleksandrs Vellers
| 2 min read | 26 Feb 2026
Decision on airBaltic funding likely after elections Accounting
Raitis Logins
| 3 min read | 16 Mar 2026
Planned Latvian tax changes as of 2026 Tax advisory
Martins Lubgans
| 4 min read | 19 Dec 2025
Significant Transfer Pricing Changes in Latvia: What Companies Need to Know for 2025–2026 Transfer Pricing
Dmitrijs Korovackis
| 3 min read | 16 Mar 2026
Lightspace Technologies due diligence Case Study

Grant Thornton Baltic carried out financial due diligence of defence-sector company Lightspace Technologies prior to its acquisition, analysing the company’s financial performance, growth prospects and transaction-related risks.

21 Apr 2026
Latvijas Dzelzceļš (Latvian Railway) Asset Valuation Case Study

Grant Thornton Baltic provided business and asset valuation services as part of the Latvijas Dzelzceļš Group’s restructuring process, assessing the assets and liabilities of the merging entities to support a share capital increase and the implementation of the reorganisation.

21 Apr 2026
Real Estate Valuation for Eiropas Dzelzceļa līnijas Case Study

Grant Thornton Baltic is a trusted partner to Eiropas Dzelzceļa līnijas in the Rail Baltica project in Latvia, providing real estate valuations, verification of compensation claims, expert assessments, and professional advisory services.

21 Apr 2026
Valuation of Courthouse Agency Properties Case Study

Valuation of the Court Administration’s real estate properties across various locations in Latvia.

21 Apr 2026
Latvijas Zaļais Punkts CASE STUDY

Grant Thornton Baltic provided SIA “Latvijas Zaļais punkts” with a precise and regulation-compliant purchase price allocation (PPA) following the company’s acquisition in 2025.

21 Apr 2026
Dobeles dzirnavnieks Client Testimonials

AS Dobeles dzirnavnieks is the largest food production company in Latvia, with a financial turnover of EUR 238.277 million in 2024.

21 Apr 2026
Catchbox Accounting Outsourcing CASE STUDY

Catchbox is a technology company that develops and manufactures unique wireless microphones designed to enhance audience engagement.

21 Apr 2026
Reich Installation’s Entry into the Latvian Market CASE STUDY

Grant Thornton Baltic provided the US-based company Reich Installation with an assessment of its CRM system’s compliance with Latvian accounting and tax requirements.

20 Apr 2026
Epson’s Market Entry in Latvia (Payroll) CASE STUDY

Grant Thornton supported global technology company Epson in establishing its presence in Latvia by implementing a robust payroll framework and delivering payroll services fully aligned with local employment and tax regulations.

20 Apr 2026
VIADA Audit Services CASE STUDY

The collaboration between AS VIADA Baltija and Grant Thornton began in 2016, establishing a long-standing partnership.

20 Apr 2026
IT Talent Acquisition CASE STUDY

When a global IT company expanded into Latvia, one of its key challenges was to attract and onboard highly qualified specialists from outside the European Union in a timely manner, while ensuring full compliance with all applicable regulatory requirements.

19 Apr 2026