Expenses

Expenses

The price of the service is determined by the service you choose and the amount of work.

In order to specify the costs of services, we will expect you to fill in the application form at the appropriate service.

The service fee for each client is determined by mutual agreement, evaluating the client and the expected amount of work.

Composition Composition shape Composition shape Composition shape

Complete bookkeeping and accounting services

VAT representation

Partial accounting services

Cloud accountancy

ICR consultancy

Company registration

Complete bookkeeping and accounting services

VariantsConditionsMonthly fee EUR*

NB!

If at least one condition of the section comes true, the the respective section is applied. If two different conditions belonging to separate section, come true, section with highest fee is applied.

One accountancy transaction is 1 invoice, 1 check, 1 bank transaction, salary calculation for 1 employee, cash entry, as well as each additional necessary entry in the accounting program – depreciation calculation, write off fixed asset, offsetting, cash orders, calculated credit interests etc., which is recorded in the corresponding month.

The basis for determining the fee is the time spent, which is evaluated by the number of transactions and employees. However, in order to accurately reconcile the monthly cost, the company’s turnover and balance are also considered

When concluding an agreement for accounting service, the monthly fee is determined according to the specified fee section. As the fee section changes, the monthly invoice amount changes.

1
Accountancy transactions< 5
Turnoverno
30,00
2
Accountancy transactions6 - 10
Turnover+/-
50,00
3
Accountancy transactions11 - 20
Employees1
Turnover< 5 000
Balance5 000 - 10 000
70,00
4
Accountancy transactions21 - 40
Employees2
100,00
5
Accountancy transactions41 - 60
Employees3 - 4
190,00
6
Accountancy transactions61 - 100
Employees5 - 6
280,00
7
Accountancy transactions101 - 200
Employees7 - 10
380,00
8
Accountancy transactions201 - 300
Employees11 - 15
490,00
9
Accountancy transactions301 - 400
Employees16 - 20
550,00
10
Accountancy transactions401 - 500
Employees21 - 24
620,00
11
Accountancy transactions> 500
Employees> 24
Turnover> 800,001
Balance> 800,001
Fee agreed separately
Variants 1
Accountancy transactions
< 5
Turnover
no
Monthly fee EUR*
30,00
Variants 2
Accountancy transactions
6 - 10
Turnover
+/-
Monthly fee EUR*
50,00
Variants 3
Accountancy transactions
11 - 20
Employees
1
Turnover
< 5 000
Balance
5 000 - 10 000
Monthly fee EUR*
70,00
Variants 4
Accountancy transactions
21 - 40
Employees
2
Monthly fee EUR*
100,00
Variants 5
Accountancy transactions
41 - 60
Employees
3 - 4
Monthly fee EUR*
190,00
Variants 6
Accountancy transactions
61 - 100
Employees
5 - 6
Monthly fee EUR*
280,00
Variants 7
Accountancy transactions
101 - 200
Employees
7 - 10
Monthly fee EUR*
380,00
Variants 8
Accountancy transactions
201 - 300
Employees
11 - 15
Monthly fee EUR*
490,00
Variants 9
Accountancy transactions
301 - 400
Employees
16 - 20
Monthly fee EUR*
550,00
Variants 10
Accountancy transactions
401 - 500
Employees
21 - 24
Monthly fee EUR*
620,00
Variants 11
Accountancy transactions
> 500
Employees
> 24
Turnover
> 800,001
Balance
> 800,001
Monthly fee EUR*
Fee agreed separately

*Fee without VAT, 21%

NB!

If at least one condition of the section comes true, the the respective section is applied. If two different conditions belonging to separate section, come true, section with highest fee is applied.

One accountancy transaction is 1 invoice, 1 check, 1 bank transaction, salary calculation for 1 employee, cash entry, as well as each additional necessary entry in the accounting program – depreciation calculation, write off fixed asset, offsetting, cash orders, calculated credit interests etc., which is recorded in the corresponding month.

The basis for determining the fee is the time spent, which is evaluated by the number of transactions and employees. However, in order to accurately reconcile the monthly cost, the company’s turnover and balance are also considered

When concluding an agreement for accounting service, the monthly fee is determined according to the specified fee section. As the fee section changes, the monthly invoice amount changes.

To determine the exact monthly fee, please fill out the form below.

Company registration

ServicesCosts, EURNote
Registration costs
Preparation of documents280-590fill in the Form to specify the costs
Company stamp40.00if necessary
State fee: SIA/AKF75/30registration within 3 days
Notary servicesfrom 70.00actual expenses
Courier services25.00if necessary
Additional costs
Translations into Latvian (1 page)from 14.00if necessary
Notarization for translation (1 page)from 14.00if necessary
Preparation of changes
Preparation of documentsfrom 40.00
Registration costs
Preparation of documents
280-590
fill in the Form to specify the costs
Company stamp
40.00
if necessary
State fee: SIA/AKF
75/30
registration within 3 days
Notary services
from 70.00
actual expenses
Courier services
25.00
if necessary
Additional costs
Translations into Latvian (1 page)
from 14.00
if necessary
Notarization for translation (1 page)
from 14.00
if necessary
Preparation of changes
Preparation of documents
from 40.00

*Fee without VAT, 21%

To determine registration costs, please fill the Form below.

VAT representation

Registration of an EU or third country company in the Latvian VAT register from 150 EUR.

To determine fee more correctly, please fill the Form below.

Partial accounting services

Payroll services

Calculation of the salary of one employee from 7 EUR.

To determine exact monthly fee, need to know total number of employees and types of salaries.

To determine monthly fee more correctly, please fill the Form below.

Cloud accountancy

When providing a service as a Cloud accountant to a client with an existing accounting program, the costs are determined by the accountant’s monthly work order.

When the client is involved in the accounting process, the monthly accounting costs are determined taking into account the work tasks performed by the client himself.

To determine fee more correctly, please fill the Form below.

ICR consultancy

The cost of an ICR consultation depends on the task to be performed, which could be as follows:

  • Create an ICR
  • Consider the existing ICR
  • Creating a Customer Risk assessment form
  • Creating a Beneficial owner investigation form
  • Creating a Monitoring of business form
  • Creating a Suspicious activities reporting internal form
  • Creating a customer questionnaire
  • Customer due diligence
  • Extended customer due diligence procedure
  • Conclusion and recommendations on the assessment of the Customer’s ML/TF risk level

To determine fee more correctly, please fill the Form below.

Recieve quote

Please fill in the corresponding service and write your comments.

After receiving the application, we will contact you by sending an individual offer or to clarify the information for creating an offer.

    Clarification of fee:

    Cooperation issues: