Fiscal Representation and Duty Deferment in Latvia
Deferred payment of customs duties and import VAT under a financial guarantee of up to 1,000,000 EUR
LETT 2000 acts as your fiscal representative in Latvia and pays customs duties and import VAT on your behalf when your goods enter the EU. The payment is covered by our financial guarantee of up to 1,000,000 EUR, issued to Latvian customs authorities. Your cargo clears customs immediately, and you settle the deferred amount later according to an agreed schedule, with a commission agreed in advance. Very few customs brokers in Latvia offer duty deferment at this guarantee level. The service works for imports through Riga Airport and any other Latvian border point, and it is available both to Latvian companies and to foreign businesses importing into the EU through Latvia.
AEO Certified since 2010 | 5,000+ businesses served | 25+ years of experience
What's Included
- Payment of customs duties and import VAT on your behalf
- Financial guarantee to customs of up to 1,000,000 EUR
- Repayment later on individually agreed terms
- Fiscal representation for Latvian and foreign importers
- Combined with full customs clearance (EDS declarations)
- Available at Riga Airport and all Latvian border points
Why Choose LETT 2000
We Pay at the Border
Your goods are released from customs without you paying duties or import VAT upfront. We cover the payment under our guarantee, so clearance is never delayed by a bank transfer.
Guarantee up to 1,000,000 EUR
Our financial guarantee to Latvian customs covers up to 1,000,000 EUR in deferred duties and VAT. This level of coverage is exceptionally rare among customs brokers in Latvia.
Protect Your Cash Flow
Instead of freezing working capital in tax payments the moment goods arrive, you repay on agreed terms. Your money keeps working in your business while your goods are already selling.
Frequently Asked Questions
How does the duty and VAT payment service work?
When your shipment arrives, we prepare the customs declaration and pay the calculated customs duties and import VAT to the state on your behalf, using our financial guarantee of up to 1,000,000 EUR. Your goods are released immediately. You then repay the deferred amount to LETT 2000 later, on a schedule agreed before the import, together with a commission agreed in advance. There are no surprises: you know the terms and the cost before your goods ship.
Who is fiscal representation in Latvia useful for?
The service is most valuable for importers who want to protect cash flow: businesses importing high-value goods, companies with frequent shipments where taxes add up quickly, and foreign companies importing into the EU through Latvia that do not want to prepay taxes from abroad. As your fiscal representative, LETT 2000 handles the tax payment and the customs formalities in one place.
What does the service cost and what are the repayment terms?
The commission and the repayment schedule are agreed individually before the import, based on the amount deferred and the repayment period. Contact us with your expected shipment value and we will give you a clear offer the same business day.
Other Services
Contact: info@lett2000.lv | +371 25664447 | Ziemelu iela 14, Lidosta Riga, LV-1053
