Nikolai Timofejev
15 years in FinTech and payments. Maps your business model to the right licence scope and leads the file all the way to VID's decision, including banking and payment rails.
Get a gambling license in Latvia.
Latvia licenses online gambling only through a Latvian company with at least EUR 1,400,000 of paid-up capital, and since 1 April 2026 that licence comes from the State Revenue Service (VID), which absorbed the old gambling inspectorate. An interactive-only licence costs EUR 200,000, then EUR 45,000 a year to re-register; it has no end date. Tax went up on 1 January 2026, a year earlier than first legislated: interactive gambling now pays 15%, up from 12%. VID has 90 days to decide.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
400+
Licenses obtainedlicenses obtained
Updated
Latvia in brief
The tax authority now holds the gambling file.
Two statutes run the market. The Gambling and Lotteries Law (Azartspēļu un izložu likums), consolidated as of 1 April 2026, says who may organise gambling and how; the law On Lottery and Gambling Fee and Tax prices it. The authority changed on that same date. Cabinet Order No. 630 of 3 October 2025 joined the Gambling and Lottery Supervision Inspectorate (IAUI) to the State Revenue Service, and Art. 10(1) now says VID issues the gambling organisation licence. IAUI licences granted up to 31 March 2026 stay valid until their stated re-registration date. The licence has no end date but is re-registered every year (Art. 10(2)). Only a Latvian capital company with EUR 1,400,000 of paid-up share capital may hold it (Art. 8); a foreign company or branch cannot. VID decides within 90 days of the application, or of any extra information it asks for (Art. 13).
The money changed twice in twelve months. A law of 4 December 2024 raised re-registration from EUR 37,000 to EUR 45,000 from 2025 and set higher gambling tax for 2027; on 3 December 2025 the Saeima pulled that rise forward to 1 January 2026. Interactive gambling now pays 15% of organisation revenue, whatever the game, against 12% before. Returns go to VID monthly. The issuance fee is EUR 200,000 for an interactive-only licence and EUR 427,000 for one that also covers land-based gambling, paid within 10 working days of the decision. On conduct, the law sets 18 as the minimum age, makes players register before they play, keeps self-exclusion at 12 months or more, and bans advertising outside gambling venues (Art. 41(5)). Since April 2026 betting brands have one narrow exception, in sport.
Since 1 April 2026 the State Revenue Service (VID) issues Latvian gambling licences: EUR 200,000 interactive-only, EUR 45,000 a year to re-register, EUR 1,400,000 paid-up capital in a Latvian company, a 90-day decision.
Interactive tax rose to 15% on 1 January 2026, a year early. Indefinite licence, national scope, re-registered yearly. Built from Riga.
The two licences
Interactive gambling - or B2B service provision.
Latvia licenses the operator and, separately, the business that builds, hosts or streams its games. The operator licence has two price tiers; the supplier licence is priced by device count.
The interactive operator licence - or B2B service provision.
01 - INTERACTIVE GAMBLING LICENCE
The operator licence
A gambling organisation licence under Art. 10, issued by VID, for gambling offered only through electronic communications: EUR 200,000 on issue and EUR 45,000 every year after. Art. 44 allows slot games, roulette, card and dice games, bingo, totalizator, betting and telephone chance games online. A licence that also covers land-based gambling costs EUR 427,000.
A gambling organisation licence under Art. 10, issued by VID, for gambling offered only through electronic communications: EUR 200,000 on issue and EUR 45,000 every year after. Art. 44 allows slot games, roulette, card and dice games, bingo, totalizator, betting and telephone chance games online. A licence that also covers land-based gambling costs EUR 427,000.
- ✓Latvian company, EUR 1,400,000 paid up
- ✓EUR 200,000 interactive-only fee
- ✓EUR 45,000 re-registration yearly
- ✓15% tax from 1.1.2026
- ✓Indefinite term, valid nationwide
- ✓90-day decision clock (Art. 13)
02 - GAMBLING SERVICE PROVISION · B2B
EUR 120,000-400,000 a yearThe service provider licence
Businesses that create, maintain, give access to or stream online the content operators need hold a gambling service provision licence. The fee depends on devices used in the year, card, dice and roulette tables included: EUR 120,000 for 25 or fewer, EUR 400,000 above 25. The same amount falls due at each annual re-registration.
Service provision licence for content, access and streaming: EUR 120,000 a year up to 25 devices, EUR 400,000 above.
- ✓Content creation and maintenance
- ✓Access provision and live streaming
- ✓EUR 120,000 for up to 25 devices
- ✓EUR 400,000 above 25 devices
- ✓EUR 280,000 top-up within 10 working days
- ✓Same fee at every re-registration
Costs and timelines are confirmed for your case before any work begins. State fees follow the law On Lottery and Gambling Fee and Tax; certification, capital and banking costs are itemised in your quote.
Why Latvia
A Baltic licence with its numbers in statute.
Latvia asks for a lot of capital up front and leaves little to guess after that; one of the reasons below is a cost.
✓
A 90-day clock
Art. 13 gives VID 90 days from the application, or from any extra information it requests. You can plan a launch around that.Art. 13, in statute.
✓
No expiry date
The licence is indefinite under Art. 10(2). You re-register each year for EUR 45,000 instead of reapplying.EUR 45,000 yearly re-registration.
✓
EU, EEA and OECD owners
Foreign shareholders are capped at 49%, but the cap does not apply to investors from EU, EEA or OECD states (Art. 8).No 49% cap.
✓
One national licence
Art. 10(3) makes the licence valid throughout Latvia. Online, Art. 44 permits slots, roulette, card and dice games, bingo, totalizator and betting.Valid throughout Latvia.
✓
Unlicensed sites come down
Since 1 April 2026 telecom providers and the .lv registry must act on a VID blocking decision within 5 working days (Cabinet Regulation No. 114).Cabinet Regulation No. 114.
✓
Tax just went up
Interactive tax rose from 12% to 15% on 1 January 2026, a year ahead of the 2027 date first legislated. Model the business at 15%.15% since 1.1.2026.
How it compares
How Latvia differs from other routes.
Among the Baltic states Latvia has the highest capital bar, EUR 1,400,000, and taxes interactive play at 15% against Lithuania's 22% and Estonia's 6%. Like Estonia, it now licenses through the tax authority.
Latvia vs other jurisdictions
| Feature |  Latvia | Other jurisdictions |
|---|---|---|
| Supervisor | State Revenue Service, since 1.4.2026 | Tax board in Estonia, gaming authority in Lithuania |
| Capital | EUR 1,400,000 paid up | €1M (EE) · up to €1,158,000 (LT) |
| Online tax | 15% from 1.1.2026 | 6% GGR (EE) to 22% GGR (LT) |
| Licence holder | Latvian company only | EU operator's branch allowed in LT |
Supervisor
LatviaState Revenue Service, since 1.4.2026
Other jurisdictionsTax board in Estonia, gaming authority in Lithuania
Capital
LatviaEUR 1,400,000 paid up
Other jurisdictions€1M (EE) · up to €1,158,000 (LT)
Online tax
Latvia15% from 1.1.2026
Other jurisdictions6% GGR (EE) to 22% GGR (LT)
Licence holder
LatviaLatvian company only
Other jurisdictionsEU operator's branch allowed in LT
Country by country
| Country | License type | Taxation | Requirements |
|---|---|---|---|
| Latvia | VID interactive gambling licence | 15% of revenue · 20% CIT | €1.4M capital, Latvian company |
 Lithuania | LPT remote gaming licence | 22% GGR (since 2025) | €500k licence tax, €289k-€1,158k capital |
 Estonia | Activity licence + permits | 6% GGR · 0% retained CIT | €1M capital, EMTA integration |
 Malta | MGA B2C · B2B | 5% eff. via refunds · 5% Malta GGR | €100k/€40k capital, key functions |
LatviaLicense typeVID interactive gambling licence
Taxation15% of revenue · 20% CIT
Requirements€1.4M capital, Latvian company
LithuaniaLicense typeLPT remote gaming licence
Taxation22% GGR (since 2025)
Requirements€500k licence tax, €289k-€1,158k capital
EstoniaLicense typeActivity licence + permits
Taxation6% GGR · 0% retained CIT
Requirements€1M capital, EMTA integration
MaltaLicense typeMGA B2C · B2B
Taxation5% eff. via refunds · 5% Malta GGR
Requirements€100k/€40k capital, key functions
Before you apply
Requirements for the Latvian licence.Requirements for the licence.
VID looks at the company, its capital and owners, the people running it and the certified system. A complete file holds the following.
01
Latvian capital company - registered in Latvia; a foreign company or a branch cannot hold the licence (Art. 8).
02
Paid-up share capital - at least EUR 1,400,000, with documents showing where the capital came from (Arts. 8 and 11).
03
Ownership - foreign shareholders capped at 49%, a cap that does not apply to investors from EU, EEA and OECD states (Art. 8).
04
Reputation - board members, council members and executives of good standing with no convictions for intentional offences (Art. 9).
05
Financial file - copies of financial statements, information on credit obligations and a development plan for the next year (Art. 11).
06
Interactive file - game rules, system-safety certification, equipment location, personal-data protection, web addresses and a responsible person (Art. 47).
07
Approved responsible persons - since 1 April 2026 no interactive gambling may run without VID's approval of them (Art. 51(4)).
08
Certified system - the interactive gambling system certified by an accredited body (Art. 4).
09
Player controls - registration before play, individual game accounts, payouts back to the source credit institution and records kept 5 years after last activity (Arts. 53 and 54.1).
10
AML programme - gambling organisers are subjects of the Latvian AML law (Art. 3, point 7) and report to the Financial Intelligence Unit (Finanšu izlūkošanas dienests).
01
Latvian capital company.
02
EUR 1.4M paid up, sourced.
03
49% cap outside EU/EEA/OECD.
04
Clean board and executives.
05
Statements and next-year plan.
06
Interactive file per Art. 47.
07
Responsible persons approved.
08
Accredited system certificate.
09
Player register, 5-year records.
10
AML, FIU reporting.
Reflects the Gambling and Lotteries Law and the fee and tax law as consolidated on 1 April 2026. The official English translation stops at 31 December 2024, so the Latvian text governs.Gambling and Lotteries Law, as of 1 April 2026.
How it works
From first call to a VID licence.
01
Structure and ownership
Latvian company, shareholders checked against the 49% rule, products mapped to Art. 44 - fixed in writing.49% rule checked.
02
Capital and people
EUR 1,400,000 paid up and documented; board and responsible persons cleared under Arts. 9 and 51(4).EUR 1.4M paid.
03
Certification and file
Accredited certification of the system, then the full application to VID.Complete on filing.
04
VID review
90 days under Art. 13, restarting if VID asks for more. We plan 6-9 months end to end.90 days; 6-9 months overall.
05
Fee and launch
EUR 200,000 paid within 10 working days of the decision; monthly returns and the EUR 45,000 re-registration go into the calendar.EUR 200,000 in 10 days.
Quick facts
RegulatorVID (since 1.4.2026)
Licence fee · interactiveEUR 200,000
Licence fee · fullEUR 427,000
Re-registrationEUR 45,000 a year
Paid-up capitalEUR 1,400,000
Interactive tax15% from 1.1.2026
Decision clock90 days (Art. 13)
Realistic timeline6-9 months
VID took over the inspectorate's work on 1 April 2026, and guidance written for the IAUI is out of date. We draft to the Latvian text in force now.
On the ground in Latvia
Run from our Riga office.
Prifinance - Latvia
Riga · Latvia
Riga, Latvia
01
Company and capital
The Latvian capital company formed and EUR 1,400,000 paid up, with the source-of-capital documents Art. 11 asks for.EUR 1.4M documented.
02
The VID file
Financial statements, the development plan, game rules and responsible persons prepared for VID's 90-day review.Built for 90 days.
03
Certification
The interactive system certified by an accredited body under Art. 4 before the application goes in.Accredited, before filing.
04
Tax calendar
Monthly returns within 15 days of month-end and payment by the 23rd, at the 15% rate in force since 1 January 2026.Monthly, by the 23rd.
We also have offices in
Vilnius
Lithuania
Gedimino pr. 2
Prague
Czech Republic
Vlkova 532/8, Žižkov
Dubai
UAE
33 Level, Al Saqr Business Tower
London
United Kingdom
7 Bell Yard
Madeira
Portugal
Rua da Alegria 31, 1F
Budapest
Hungary
Korányi Sándor u. 4
Istanbul
Turkey
Perpa Ticaret Merkezi, A Blok
Good to know
Taxation of gaming operators in Latvia.
Gambling tax under the law On Lottery and Gambling Fee and Tax, filed monthly with VID, and corporate income tax at 20%.
Interactive tax 15% from 2026
Gambling organised through electronic communications pays 15% of organisation revenue whatever the game, up from 12% before 1 January 2026. How that base applies to your product is confirmed per case.From 1.1.2026.
A rise brought forward
A law of 4 December 2024 set the higher rates for 2027. The Saeima moved them to 1 January 2026 on 3 December 2025.2027 became 2026.
Other lines
Totalizator and betting 18% (from 15%), bingo 12% (from 10%), land tables EUR 40,440 each a year, slots EUR 7,440 per game position.18% betting, 12% bingo.
Monthly filing
Return to VID within 15 days after the month and payment by the 23rd of the following month into the single tax account (Art. 10).Pay by the 23rd.
Fees on top
The EUR 45,000 annual re-registration and the issuance fee are state fees, paid in addition to the tax.EUR 45,000 a year.
Corporate income tax 20%
The Corporate Income Tax Law sets 20%, applied to a base divided by 0.8 (Arts. 3(1) and 4(9)).Base divided by 0.8.
Tax summary
Interactive gambling tax15% (2026)
Betting and totalizator18% (2026)
Re-registration feeEUR 45,000 a year
FilingMonthly · pay by the 23rd
Corporate income tax20% · base ÷ 0.8
*As of 2026 per the law On Lottery and Gambling Fee and Tax and the Corporate Income Tax Law. Group and founder-level outcomes are modelled per structure.
Turnkey professional support
Experienced lawyers and international consultants.
We provide end-to-end support, from company registration and the application file to regulatory interaction and compliance oversight - with an individualized approach to each client.
Oleksii Kindratenko
Builds the application itself: Latvian capital company, AML/KYC policy pack, capital structure and tax registrations. His document sets are the reason reviews finish in months, not years.
Eugeniu Bevziuc
First point of contact for international founders. Runs the whole setup remotely, across time zones and languages - from the first call to a live, licensed operator.
Follow Prifinance
Active across our channels.
Latvia · VID
Launch your gaming project in Latvia with expert support.
Full-service assistance - from the Latvian company and its EUR 1,400,000 capital to the VID licence and the monthly tax calendar - run through our Riga office.
Get a consultation →Free legal opinion
Is Latvia the right fit for your project?
Our legal team will analyze your case at no cost and provide a written legal opinion: which jurisdiction, licence scope, or route fits your business.
Written assessment within 2-5 business days
Request a free conclusion →FAQ
The Latvian gambling licence, answered.
Who licenses gambling in Latvia now?+
The State Revenue Service (VID), since 1 April 2026. Cabinet Order No. 630 joined the Gambling and Lottery Supervision Inspectorate (IAUI) to VID, which now issues licences, supervises, keeps the self-exclusion register and orders blocking. Licences the IAUI issued up to 31 March 2026 remain valid until their re-registration date.
What does an interactive licence cost?+
EUR 200,000 on issue for an interactive-only licence, or EUR 427,000 if it also covers land-based gambling, then EUR 45,000 a year to re-register. The issuance fee is paid within 10 working days of the decision, before the licence is issued.
How much capital is needed?+
At least EUR 1,400,000 of paid-up share capital in a Latvian capital company (Art. 8), with documents showing where it came from (Art. 11). A foreign company or branch cannot hold the licence.
Can foreign owners hold the company?+
Yes. Foreign shareholders are capped at 49%, but the cap does not apply to investors from EU, EEA or OECD states (Art. 8). The licence itself must sit in the Latvian company.
What changed in gambling tax in 2026?+
Interactive gambling went from 12% to 15% of organisation revenue on 1 January 2026; the totalizator and betting line went from 15% to 18%. The rise was legislated for 2027 and brought forward by the law of 3 December 2025. We confirm how the revenue base applies to your product before quoting.
How long does licensing take?+
VID must decide within 90 days of the application, or of any extra information it requests (Art. 13). With company formation, capital and certification, we plan for 6-9 months end to end.
Do B2B suppliers need a licence?+
Yes, a gambling service provision licence for creating, maintaining, giving access to or streaming gambling content. It costs EUR 120,000 a year for up to 25 devices and EUR 400,000 above that, paid again at each re-registration.
Can operators advertise?+
Barely. Art. 41(5) bans advertising gambling and interactive gambling sites outside gambling venues. Since 1 April 2026 licensed betting operators may show trademarks in adult sport with an 18+ warning; the Cabinet reviews that exception by 1 May 2027.
Latvia or Lithuania for a Baltic operator?+
Lithuania asks less capital of a betting-only operator (EUR 289,000) and accepts the branch of an EU-licensed operator, but taxes 22% of GGR and sets the age at 21. Latvia wants EUR 1,400,000 from every operator, taxes interactive play at 15% and keeps the age at 18.
Why Prifinance for Latvia?+
We run Latvian files from our Riga office: the company and its EUR 1,400,000 capital, the accredited certification, the VID application and the monthly tax calendar. Every document is drafted to the Latvian text in force since 1 April 2026.
Who licenses?+
VID since 1.4.2026.
Cost?+
EUR 200,000 + 45,000/yr.
Capital?+
EUR 1.4M, Latvian company.
Foreign owners?+
EU/EEA/OECD uncapped.
2026 tax?+
15% interactive, 18% betting.
How long?+
90 days; 6-9 months overall.
B2B?+
EUR 120k-400k a year.
Advertising?+
Banned, one sport exception.
Or Lithuania?+
Cheaper betting capital, 22% tax.
Why you?+
Riga office, current Latvian text.
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Get a free legal opinion on your project - our legal team will analyze your case at no cost and provide a written legal opinion: which jurisdiction, licence scope, or route fits your business.Free legal opinion: whether the Latvian licence fits your project and what it costs at 2026 rates.
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Prifinance is an independent law and advisory firm. We are not a regulator and are not affiliated with, endorsed by, or acting on behalf of the State Revenue Service of Latvia (VID) or any other public authority. Authorisations are granted by, and obtained directly from, the competent authorities.