Accounting Services in Latvia
Full cycle accounting services tailored to your needs
Accounting services that you can trust!
Accounting / Bookkeeping
A full range of accounting services in accordance with the law
Company Formation
Establishment of businesses, document submission to the Register of Enterprises
Client Representation
We take responsibility for keeping a contact with State Revenue Service and other institutions in the name of our client
Payroll Management Services
Salary and tax calculation, payroll records, establishing and keeping employee files
Financial Reporting
Annual financial statements, custom financial reports and other particular report preparation and submission
Professional advice
Our expert team is always ready to answer to all accounting and tax related questions and to provide advice for your company’s specific needs

About Us
11 Consulting is a contemporary accounting company with expertise in servicing companies from various industries. We take full responsibility to achieve a high level accuracy, ensure confidentiality, as well as all accounting responsibilities are completed on time.
We are constantly looking for the best solutions for your company’s individual needs to help your company to be successful and safe from any unpleasant surprises. Every client is important to us, regardless of size, turnover or sphere of activity of the business. Our goal is to provide a full support to our clients, therefore tax and legal consultations are part of our services.
Do not hesitate to contact ! Email info@11consulting.lv or call +371 25742310!
Frequently Asked Questions
How does outsourced accounting work?
Throughout our experience we have developed our services in a way to minimize your time and efforts related to your company’s accountancy. In general this process can be divided in 3 steps:
- In the beginning of each month we accept documents which contain information about your company’s operations during the previous month (bank statements, bills, invoices, etc.);
- We perform agreed accounting procedures, as well as compose and submit all the necessary reports for State Revenue Service and other institutions;
- You get your company’s financial statements, information about the payable taxes and salaries, review of debtors/creditors.
What are the benefits of outsourced accounting with 11 Consulting?
- More time to focus on your core business;
- Our monthly fee is much lower than an in-house accountants salary;
- You will pay only for the actual work you need to get done (no additional expenses for vacations, sick leaves, trainings etc.);
- Professional team with experience in various industries;
- Technical equipment and inventory;
- We will take care of contacting with the State Revenue Service and other institutions.
What are the costs of accounting services?
- Amount of invoices incoming/outgoing
- Amount of expense checks etc.
- Number of workers
- Cash register
- Bank payments
Because of those reasons the fee of accounting services is set for each client individually. If you would like to get the offer for accounting services, please contact us.
What services do you offer?
- Pirmdokumentu apstrāde (pavadzīmes, rēķini, čeki, izdrukas..)
- Ievade grāmatvedības programmā
- Nodokļu un vadības atskaites
- Nodokļu un veicamo maksājumu aprēķini
- Bankas maksājumu sagatavošana
- Darbinieku algu aprēķins
- Darba devēja ziņojums (VSAOI un IIN)
- Ziņas par darba ņēmējiem
- PVN taksācijas perioda deklarācija
- Mikrouzņemumu nodokļa deklarācija u.c
- Konsultācijas par grāmatvedību un nodokļiem
- Grāmatvedības audits
- Uzņēmuma reģistrēšana un likvidācija
- Uzņēmuma reģistrācija PVN maksātāju reģistrā
- Izmaiņas UR
How do we cooperate?
Data safety
Company registration and changes
New company registration in Latvia
Company registration as VAT payer
Company bank account opening
Changes in existing company
Change of the shareholders or the board
Change of the equity
Change of the name
Change of legal address
Company closing
Closing document submission
Preparation of closing balance sheet
Communication with Revenue Service regarding all necessary reporting
Regular Limited Liability company (SIA) share capital amount is 2800 EUR. Possible to open company with share capital less than 2800 EUR.
New company registration usually takes 5 days. Possible to open company remotely.
Documents needs to be signed by notary or with electronic signature. If signed by notary outside Latvia, then can send by mail to us and we will organize the document translation.
Legal address service
If necessary, we can provide legal address with mailbox for your company. Price is 30 EUR +VAT/ month. Minimum contract is 1 year.
CONTACTS:
Pulkveža Brieža street 6, Rīga, LV-1010
info@11consulting.lv
+371 25742310
This will help us better understand your company’s needs and find the best solution for your business!