Accounting and Financial Management

Full-cycle accounting, chief accountant oversight, tax matters and management reporting.

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State Revenue Service licence no. AGL0003783

Why choose us?

  • An individual approach

    We tailor the service to your company and what you actually need.

  • Accuracy and deadlines

    We work to a clear schedule and keep to deadlines.

  • Communication you can follow

    We answer questions clearly, without unnecessary accounting jargon.

  • Confidentiality

    Your company's data stays secure and confidential.

How an engagement starts

  1. Tell us about your company

    Tell us what your company does and what kind of help you need.

  2. We assess the work

    We look at your current records and agree on how we'll work together.

  3. We prepare a quote

    You get a clear quote – the services and the price.

  4. We begin

    We sign the agreement, set up access, and get to work.

Riga skyline
Photo: Rihards Sergis / Unsplash

An accounting firm in Riga

MB BALANCE keeps the books for Latvian companies, from day-to-day bookkeeping to the annual report. We hold a State Revenue Service licence for outsourced accounting, and you put your questions straight to your own accountant.

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Frequently asked questions

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What is included in accounting services?

The scope is tailored to the company and set out precisely in the quote and the agreement. It can cover day-to-day bookkeeping, tax returns, payroll, the annual report, management reporting and other agreed work.

How is the price determined?

The price depends on the number of documents and transactions, the number of employees, the volume of tax and reporting work, the complexity of transactions, document handling, and the initial state of the accounts.

Can you take over the accounts from another accountant?

Yes. Before taking over, we review the data received, the balances, the returns already filed and any missing documents. If prior periods need tidying up, we prepare a separate plan of work for it.

How are documents handed over?

Mainly electronically, using a secure method of data exchange agreed in advance. The exact arrangements and deadlines are set at the start of the engagement.

Can we work together remotely?

Yes, most of the process can be handled remotely. If a face-to-face meeting is needed, it is arranged in advance.

Ready to get your accounts in order?

Tell us about your company and we'll prepare a quote that fits what you need.

Please do not attach confidential documents or sensitive personal data to your first message.

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