Annual Report Deadlines 2026: April 30 and July 31

Every April, thousands of Latvian business owners Google the same question: "When is my annual report due?" The answer depends on exactly one thing — your company's size category. Get it wrong, and you are either filing months late or panicking unnecessarily about a deadline that does not apply to you.

For companies using the calendar year (January 1 – December 31) as their fiscal year, here are the 2026 deadlines:

April 30, 2026 — Micro and small companies. This covers the vast majority of Latvian SIAs: companies with a balance sheet up to EUR 4 million, revenue up to EUR 8 million, and up to 50 employees (meeting two of three thresholds for the small category or below).

July 31, 2026 — Medium and large companies. Companies exceeding the small category thresholds get three additional months.

NGOs, associations (biedrības), and foundations: April 30, 2026 — four months after the fiscal year end, same as micro and small companies.

What If Your Fiscal Year Is Different?

Some companies in Latvia use a non-calendar fiscal year (for example, April 1 – March 31). In that case, count forward from your fiscal year-end date: four months for micro/small entities, seven months for medium/large.

A company with a fiscal year ending March 31, 2026 and classified as small would file by July 31, 2026. A medium company with the same fiscal year-end would file by October 31, 2026.

The Approval Step People Forget

The annual report must be approved by shareholders (for a SIA) or members (for an association) before filing. This approval meeting must happen within the filing deadline. Scheduling it for April 29 when your deadline is April 30 is technically compliant — but leaves zero margin for corrections. We recommend approving the report at least one week before the filing deadline.

Missing the Deadline

VID can impose fines of up to EUR 600 for late filing. If the report remains unfiled for more than eight months past the deadline, UR can begin proceedings to remove the company from the Commercial Register. A dormant company with no activity is not exempt — zero-revenue reports must still be filed on time.

For the full breakdown of penalty mechanics, see our article on annual report penalties.

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April 30 Approaching and Books Still Open?

We handle urgent annual report preparation with fast turnaround times -- closing the books, preparing statements, and filing with UR and VID before the deadline hits. Late starts are not ideal, but they are manageable with the right team.

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