Publication / Eva Berlaus, Private: Gunvaldis Leitens
COVID-19 as force maejure aspect in contractual relations. Read more (in Latvian) here.
Since announcing a state of emergency on 12 March 2020 due to COVID-19, the Latvian Government is working on measures to support affected companies. As to the latest information available, the following is under discussion: –payment of salaries to employees from the state budget: where employees cannot work (due to idle time or otherwise) as […]
On 1 July 2019, significant amendments to the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing (AML Law) came into force. The amendments supplement the AML Law with new subjects of beneficial owners’ (BO) disclosure obligation and new rights of the Company Register: to request supporting documentation on the BO of […]
Deadline approaching for filing annual reports with the State Revenue Service (SRS). The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file with the SRS an annual report ‒ approved by the shareholders’ meeting ‒ no later than one month after approval and no later than four months after the […]