Why Confidentum
Confidentum is a specialist accounting and tax advisory firm in Riga for foreign-owned companies, subsidiaries, branches and businesses with cross-border operations. We help international businesses operate compliantly in Latvia.
What sets us apart
Specialised in foreign-owned companies
Foreign-owned companies, subsidiaries and branches are the core of our practice, not a side line. We understand what head offices, group controllers and foreign directors need from their Latvian entity.
Experience supporting international groups
We work to group reporting calendars, charts of accounts and accounting policies, and we coordinate directly with group finance, tax teams and auditors.
Practical tax and VAT expertise
Our advice is tied to how your accounts and filings actually work, so recommendations can be implemented and defended, not just read.
Strong English communication
Advice, reporting and day-to-day communication are delivered in clear, professional English, so nothing is lost between Riga and your head office.
One person accountable
Every client has their own experienced accountant, who personally reviews key deliverables. You always know who to contact.
Experience with complex VAT scenarios
Reverse charge, chain and triangular transactions, consignment stock, OSS, IOSS and customs VAT are everyday work for our team.
Our commitments to international clients
International Client Focus
Our client base is built around foreign-owned companies, subsidiaries and branches operating in Latvia.
Cross-Border VAT Expertise
Intra-EU supplies, OSS/IOSS, reverse charge and customs VAT are our everyday work.
English-Speaking Team
All communication, reporting and advice is delivered in clear, professional English.
Licensed and Registered
Outsourced accounting licence No. AGL0000718 issued by the State Revenue Service (VID), and a member of the LRGA.
Who we work with
- Foreign-owned companies in Latvia: Latvian companies owned by foreign shareholders who need local compliance handled to the standard their head office expects.
- Latvian subsidiaries of international groups: Local statutory accounting and tax, aligned with group reporting calendars, charts of accounts and intercompany processes.
- Branches of foreign companies: Branch bookkeeping, tax registration and reporting obligations in Latvia, coordinated with the parent company abroad.
- E-commerce businesses: Online sellers dealing with distance sales, OSS/IOSS returns and multi-country VAT positions.
- Trading companies: Import, export and intra-EU trade with customs, triangulation and reverse-charge VAT questions.
- Businesses with cross-border VAT obligations: Companies with VAT registrations, supplies or acquisitions that span Latvia and other EU member states.
- International investors entering Latvia: Investors and groups setting up a Latvian entity or branch who need the accounting and tax framework in place from day one.
Leadership
Kristaps Spruntulis
Manager
Kristaps joined Confidentum in 2003, has served his own clients since 2006 and has led the firm since the early 2010s. He specialises in complex tax matters and international transactions. Over more than 20 years he has run the accounts of many companies, worked with auditors from Deloitte, EY and PwC on statutory audits, and represented clients in State Revenue Service (VID) tax audits. He holds a professional accounting diploma and keeps up with tax practice through regular seminars, including briefings from lawyers who represent taxpayers in disputes with the VID. He works in Latvian, English and Russian.
Credentials and memberships
Licensed outsourced accounting service provider, licence No. AGL0000718, issued by the State Revenue Service of Latvia (VID).
Check the licence in the VID registerMember of the Association of Accountants of the Republic of Latvia (LRGA).
See the LRGA register of outsourced accounting providers
Discuss your Latvian accounting, tax or VAT requirements
Tell us about your structure and obligations in Latvia. An experienced specialist will review your situation and recommend the right scope.