Invoices with a contract number
Issue an invoice referencing the contract, with your business details and logo — in Latvian or English. The system tracks numbering and payment.
For lawyers, brokers, independent professionals
Your clients demand precision — your books deserve it too.
Legal services and brokerage mean contracts, invoices and irregular but sizeable commissions. Vadi keeps track of them, issues professional invoices and prepares the declarations itself — from €9/month.
- Invoices with a contract number and your business details — in Latvian or English
- Irregular commissions — social contributions only in months you actually owe them
- Professional insurance and office costs — in your books
7 days free no cardFrom €9/mo incl. VAT
What a lawyer or broker needs to know about taxes
1
Register your practice with VID
Legal services and brokerage for a fee are economic activity. Registration with the tax office (VID) is free, online via EDS; you can choose the general regime or the micro-enterprise tax (MUN).
2
Large, irregular deals
A broker's commission may land once every two months — the VSAOI rules allow for that: you pay for months when income reaches the minimum wage, and just 10% for pension insurance in the rest.
3
The VAT threshold — €50,000
With large commissions the VAT-registration threshold approaches fast. Vadi tracks your 12-month turnover and warns you before it's crossed.
What Vadi does for you
You work with clients and deals — Vadi keeps the books in the background.
Practice expenses tracked
Office rent, professional insurance, database subscriptions, travel to deals — drop in an invoice or snap a receipt, the fields fill in by themselves.
VAT threshold watchdog
Vadi tracks your turnover and warns you before the €50,000 threshold — so VAT registration doesn't come as a surprise after a good year.
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
With low expenses MUN is simpler; if you keep an office and insurance, the general regime can be cheaper. Compare in the calculator.
How much of your commissions 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 a self-employed lawyer or broker pay?
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.
My commissions come in irregularly — how does that affect VSAOI?
Social contributions (VSAOI) of 31.07% are paid for the months in which income reaches the minimum wage (€780); in the other months — 10% of actual income for pension insurance. In the quarterly report it all has to be split correctly by month — Vadi works that out automatically.
Do professional insurance and an office lower my tax?
Yes — under the general regime professional liability insurance, office or room rent, legal-database subscriptions and travel to deals are business expenses deducted from income.
When do I have to register for VAT?
When your transactions total €50,000 over 12 months. After registration, legal services and brokerage attract VAT at the standard rate — 21%. Vadi tracks your turnover and warns you in time.
How much does Vadi cost for a lawyer or broker?
From €9/month (incl. VAT) — invoices in LV/EN, income and expense tracking, 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 lawyers. The same system works for every self-employed person and company in Latvia.
Start today
Practice bookkeeping as precise as your work
Sign up and issue your first invoice in minutes — Vadi shows how much to pay VID and when.
Start free7 days free