Key Landlords' duties:


• Sign a rental agreement – A written contract is necessary for legal protection.


• Pay a 10% tax on rental income – This applies to individuals renting out property.


• Declare the rental activity to the Latvian tax authority - VID within five (5) days of signing the lease

Why is this important?

• If rental activity is not declared on time, the 10% tax rate may not apply, and higher tax rates could be imposed.

• Compliance with tax regulations helps avoid penalties and ensures that rental activities are legally recognized.

How We Help


We understand that dealing with tax registration can be complex. As a real estate agency in Latvia, we assist our clients with registering rental activity with the tax authority (VID) to ensure compliance. This service is included in our standard agency fee, making the process smooth and hassle-free.

If you have any questions about renting out your property, feel free to reach out!