WALLESS Tax Cookies: Have you checked the compliance of your NACE code?
2025 02 27
Starting January 1, 2025, businesses in Latvia must use the updated NACE 2.1 classification for their primary activity code.
- If your code was updated automatically, no action is needed.
- If your primary code is split, ensure it’s correctly updated.
- If your activity changed in 2024, notify the State Revenue Service by May 1, 2025.
Check your current code via the State Revenue Service’s public database or find the full classification on the Central Statistical Bureau’s website.
Your NACE code affects taxes, incentives, and regulations—ensure it’s accurate for compliance and industry benefits.