Invoices for foreign clients too
Issue a professional invoice in Latvian or English with your logo and business details. Numbering, payment terms and reminders — the system keeps track by itself.
For IT specialists and freelancers
Write code and design — not tax spreadsheets.
Freelance income counts as economic activity, and Latvia's State Revenue Service (VID) expects it declared — even when your clients are abroad. Vadi tracks your income, issues invoices in English too and prepares the declarations — no accountant, from €9/month.
- Invoices in Latvian or English — a professional PDF with your logo
- Computer, monitor, software and internet subscription — booked as expenses
- Quarterly social-contribution report and annual declaration — ready to file in EDS
7 days free no cardFrom €9/mo incl. VAT
What a freelancer needs to know about taxes
1
Register your economic activity with VID
Regular freelance income is economic activity. Register with the tax office (VID) as self-employed or opt for the micro-enterprise tax (MUN) — registration is free, online via EDS.
2
EU clients change the VAT rules
Providing services to EU companies or buying EU services (hosting, ads, SaaS) can trigger a VAT-registration duty even before €50,000 in turnover. Vadi flags these situations and warns you.
3
Expenses lower your tax
Under the general regime tax is calculated on profit: your computer and hardware (with depreciation), software subscriptions, internet, courses — all of it reduces your taxable income.
What Vadi does for you
You write code or design — Vadi does the tax maths in the background.
Hardware and subscriptions as expenses
Your computer as a fixed asset with depreciation, software, internet, phone — snap a photo or drop in an invoice, the fields fill in and your tax goes down.
VAT watchdog for cross-border deals
Anthropic, OpenAI, AWS or Google invoices without VAT? That's reverse-charge VAT — Vadi recognises it, puts it on the right lines of the declaration and warns you if a registration duty arises.
Contributions & annual return
The quarterly social-contribution (VSAOI) report and the annual income declaration (D3) — computed from your records, ready to file in EDS. The calendar reminds you of deadlines.
MUN or the general regime
If your expenses are low, MUN is simpler; if you buy hardware and services, the general regime is usually cheaper. Compare both in the calculator with your own numbers.
How much of your income will go to taxes?
Enter your monthly income and expenses — the calculator shows the MUN and the general regime side by side, with real figures. No sign-up.
Open the calculatorFrequently asked questions
What taxes does an IT freelancer pay in Latvia?
Under the general regime: social contributions (VSAOI) of 31.07% on a chosen base (at least the minimum wage of €780 if your monthly income reaches it) plus 10% for pension insurance on the excess, and in the annual declaration personal income tax (IIN) of 25.5% on profit after deducting paid VSAOI. The alternative is the micro-enterprise tax (MUN) of 25% of turnover with no expense deduction.
Can I invoice a foreign client in English?
Yes. Vadi generates invoices in Latvian or English — with your business details, logo and bank account. The accounting entry stays exactly the same regardless of the invoice language.
I have EU clients — do I have to register for VAT?
Often yes, even before the €50,000 threshold: providing services to a company in another EU country, or receiving EU services (hosting, ads, software), can trigger a duty to register in the VAT register. Vadi flags such transactions and warns you; confirm your exact situation with VID.
MUN or the general regime — which is better for a freelancer?
If your expenses are small (just a computer and a couple of subscriptions), MUN at 25% of turnover is the simplest route. If you regularly buy hardware, software and outsourced services, the general regime with expense deduction usually works out cheaper. Compare both in our calculator.
How much does Vadi cost for a freelancer?
From €9/month (incl. VAT) — income and expense tracking, invoices in LV/EN, VSAOI and income-tax calculations, the annual declaration and the tax calendar. The first 7 days are free and no card is required.
Vadi isn't only for IT. The same system works for every self-employed person and company in Latvia.
Start today
Freelance bookkeeping without the headache
Sign up and issue your first invoice in minutes — Vadi shows how much to pay VID and when.
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