About Us
BBCRiga is a team of experienced professionals who have been helping businesses in Latvia manage accounting, taxation, and administrative tasks for over 15 years. We are based in Riga but serve clients throughout the country.
Our goal is to simplify entrepreneurs’ work by taking over bookkeeping, payroll processing, reporting, and communication with government authorities. We communicate in clear language, meet deadlines, and offer solutions tailored specifically to your business needs.
Professional Team
We pride ourselves on having a stable, low-turnover team of professional accountants who specialize in Latvian accounting standards and tax legislation. Each accountant works meticulously with attention to detail, ensuring accurate bookkeeping, compliance with local laws, and reliable financial reporting.
Accountant You Know
At BBCRiga, each client is assigned a dedicated personal accountant who manages their financial records with care and professionalism. You always know exactly who is handling your accounts, ensuring transparency and building trust. Our team guarantees prompt responses and efficient communication, so you can rely on timely support and quick feedback whenever you need it.
Double Quality Check
Before submitting any reports and declarations, they undergo a thorough additional review by our Chief Accountant. This double-checking process reduces the risk of errors and ensures that your financial data is accurate and compliant with all legal requirements. By maintaining strict quality control, we help protect your business from potential penalties and provide you with confidence in your accounting.
Responsibility Insurance
Our professional activities are fully insured, providing an extra layer of protection for your business in any situation. This insurance safeguards your company against unforeseen risks and ensures that you receive reliable, secure accounting services. With BBCRiga, you can have peace of mind knowing your financial operations are backed by comprehensive professional coverage.
Secure EDS Access
At BBCRiga, we establish a separate and secure access to the Electronic Declaration System (EDS) registered under our company’s name. This means that all your tax declarations and financial reports are submitted officially through our dedicated access, ensuring full transparency and compliance with Latvian regulatory requirements.
Clear and Honest Pricing
We believe in full transparency when it comes to pricing. Each client’s fee is calculated individually, based solely on the specific volume and complexity of the work required. This approach ensures that you only pay for the services you actually need, without any hidden costs or unexpected charges.
Our Services
BBCRiga offers a full range of accounting services for businesses in Riga and throughout Latvia. We work with companies of all sizes, including small businesses, startups, medium-sized enterprises, and large organizations. Our specialists manage bookkeeping, payroll calculations, personnel documentation, tax and financial reporting, and also represent clients in dealings with government authorities.
We submit all reports through the Electronic Declaration System (EDS), monitor legislative changes, and keep clients informed promptly about important deadlines and tax amounts. Every solution is tailored individually, taking into account the specific nature of your business and industry. Our goal is not just to perform tasks, but to be a reliable partner who helps clients feel confident and organized in all accounting matters.
Accounting
Analysis
Salary
Experience
What We Offer
BBCRiga helps companies in Latvia organize and manage their accounting without unnecessary burden. We handle documents, calculations, reporting, and all processes that require precision and compliance with legislation.
Our services include not only transaction bookkeeping but also preparation of tax reports, financial data analysis, compliance checks with the State Revenue Service (SRS), and support during audits. We offer clear and well-structured solutions that fit seamlessly into the real operations of your business.
Bookkeeping and Data Entry
We provide a complete accounting cycle: from entering primary data to preparing internal reports.
We manage cash transactions, invoices, bank operations, and fixed assets. Each transaction is recorded accurately and timely in the system, allowing you to monitor your current financial situation and minimize errors.
Payroll Calculation and Personnel Management
We calculate payroll taking into account all types of taxes, vacation pay, sick leave, and additional allowances.
We prepare employment contracts, personnel orders, and employee records. All processes comply with labor legislation and are completed on time, including submitting reports through the EDS system.
Tax and Financial Reporting
We prepare and submit declarations for VAT, social contributions, personal income tax, and corporate income tax.
We monitor the reporting calendar, verify data for errors, and promptly inform clients about tax amounts and payment deadlines. Reports are filed strictly through the Electronic Declaration System (EDS), in compliance with the State Revenue Service (SRS) requirements.
Ensuring Compliance with Legislation
We analyze all financial transactions to ensure compliance with accounting standards and tax regulations. This thorough control helps you avoid penalties and safeguards your company’s interests.
Management Reporting and Financial Analysis
Upon request, we prepare internal reports including balance sheets, profit and loss statements, cash flow statements, and key performance indicators.
These reports enable owners and management to analyze the financial health of the business, plan expenses, and make more informed decisions.
Client Representation in SRS Inspections
We prepare all necessary explanations, letters, and documents in response to inquiries from tax authorities.
We represent our clients during audits, communicate with representatives of the State Revenue Service, and support the entire process until its conclusion. This comprehensive support helps to minimize stress and ensures legal clarity.
Bookkeeping and Tax Advisory Services
We provide consulting support on taxation, accounting, reporting, and legal matters.
We assist in navigating complex situations, finding solutions tailored to your business specifics, and accurately reflecting them in your accounting records.
How our accounting services work
Our process is designed to be simple, transparent, and secure for our clients. We take responsibility not only for bookkeeping but also for the entire organizational workflow – from setting up access to timely submission of declarations through the EDS system.
EDS Access and Power of Attorney
The client provides individual access to the EDS system and, if necessary, issues a power of attorney.
All reporting is submitted exclusively through BBCRiga’s access, ensuring transparency and official recording of all actions within the system.
Document Delivery
You provide primary documentation in any convenient way: paper format, email, or through cloud services.
We organize and prepare the data for processing, ensuring smooth and efficient handling of your accounting records.
Accurate Data Processing
Received documents are entered into the accounting software. We verify the accuracy of transactions, monitor balances, and, if necessary, request missing information. This ensures accurate and reliable financial records.
EDS Declaration Submission
We prepare and submit all reports: VAT, social contributions, personal income tax, and corporate taxes. Before submission, all data undergo mandatory internal accuracy checks to ensure precision.
Tax Payment Planning
We notify you in advance of tax amounts and payment deadlines. This proactive approach allows you to plan your payments on time and avoid the risk of costly delays.
Management Reports
Upon agreement, we prepare profit and loss statements, balance sheets, and cash flow reports. These reports provide you with a clear understanding of your company’s financial condition.
Pricing
The cost of accounting services is calculated individually and depends on the specifics of your business. We offer a flexible approach, tailoring services based on the volume of transactions, number of employees, and reporting requirements.
Consultation is free – after reviewing your situation, we will provide an accurate cost estimate.
Inactive Company
Inactive company without bank transactions and accounting activity
65 € + VAT / month
*Payment is made annually
Small or Medium Business Segment
Up to 20 documents and a small staff (up to 2 employees)
260 € + VAT / month
Large Enterprise
More than 100 documents or a large team
From 400 € + VAT / month
Factors аffecting the cost:
- Volume of transactions: invoices, bank payments, cash operations
- Number of employees and complexity of payroll calculations
- Types of reporting: VAT, social contributions, personal income tax, and corporate tax
- Format and frequency of data submission
- Additional services: management reporting, audit support, consultations
Scope of services:
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Processing of primary documents
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Fixed assets accounting and depreciation calculation
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Cash operations and cash journal management
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Processing of bank statements
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Payroll calculation and personnel accounting (as needed)
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Control of debts and advances
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Preparation and submission of reports through the EDS system
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Monthly notifications about taxes and payment deadline
Get your tailored accounting price
FAQ
Is it possible to receive accounting services remotely?
Yes, we provide a full cycle of accounting services remotely to ensure convenient and flexible collaboration tailored to your needs.
Can your company work with the client’s accounting software?
Yes, our accountants have experience working with various accounting programs and systems, adapting to your preferred tools.
How is the transfer of documents for accounting handled?
Documents can be submitted in any convenient way — electronically, by mail, or through cloud services. We organize and prepare the data for processing.
Do you provide consultations on tax issues?
Yes, tax consultations are part of our services. We offer professional support and solutions tailored to your business specifics.
Does BBCRiga provide legal services?
Yes, BBCRiga has over 15 years of experience handling legal matters related to business. We offer professional legal support integrated with our accounting services to provide comprehensive assistance.
Contact
If you have any accounting questions or need a consultation, please contact us using the method most convenient for you. We will carefully assess your situation and offer a practical solution without unnecessary formalities.
Phone
Office
Krāsotāju 5, LV-1009, Riga, Latvia