A-Rating from the Latvian Tax Office

Good news worth sharing: Latvia’s State Revenue Service (VID) has again placed VITBŪVE in its top “A” taxpayer rating tier for 2025.

We’re proud of it, but here is the part we like even more: you do not have to take our word for any of it. The whole point of the rating is that anyone can look a company up and check it. Below we explain what the rating is, what it is not, and how to verify ours (or anyone’s) in about a minute.

 

What the A-rating actually is

Since 2024, Latvia’s State Revenue Service (the national tax authority, known locally as the VID) has published a taxpayer rating for Latvian companies, which anyone can look up. The point of the system is to help cooperation partners, clients and other interested parties understand a company’s tax situation before working with it.

Companies are placed in one of five bands:

• A: the top tier, with good tax-compliance discipline and no significant tax-compliance risks;
• B: companies with room for improvement;
• C: serious violations or significant tax-compliance risks;
• N: inactive companies;
• J: newly registered companies.

It is not a one-time certificate: the tax authority reviews company ratings at least four times a year, so it reflects how a company behaves over time, not how it looked on a single day.

 

What the rating checks

The rating is built from real data the tax authority holds, across six groups of tax-compliance indicators, including:

• whether the company is properly registered and active, with no insolvency or suspension of activity;
• whether tax declarations and reports are filed on time and correctly;
• whether taxes are actually paid, in full and on time;
• whether the company has penalties recorded against it;
• and even the level of wages compared with others in the sector, because unusually low pay can signal undeclared “envelope” wages.

To sit in the A band, a company has to show strong tax-compliance discipline across these indicator groups, with no significant risks. For context, in the initial public data, fewer than one in five Latvian companies held an A rating.

 

What it is, and what it is not

Let us be precise, because precision is the point.

The A rating is not a design award, a quality prize, or a measure of how good our houses are. It does not rate craftsmanship, construction quality, customer service or future business performance, so we are not going to pretend that it does.

What it is, is independent, government-issued evidence that VITBŪVE is a legitimate and transparent business that fulfils its tax obligations, follows tax-compliance rules and does not show significant tax-compliance risks. For anyone weighing up a large purchase from a foreign company, this is one of the first things worth checking: is this a real, above-board company that operates openly and can be verified from public sources?

 

How to check it yourself, in a minute

You do not need to trust this post either. Verify it:

1. Open the State Revenue Service public rating database;
2. Enter our registration number, 44103037968 (registered name: Sabiedrība ar ierobežotu atbildību “VIT BŪVE”);
3. Read the rating straight from the source.

You can do exactly the same for any Latvian company you are considering working with. That is what the system is for.

And while you are checking, here is the rest

Here are some other facts about VITBŪVE:

• We are an EU and eurozone company, registered in Latvia in 2005, with 20+ years of manufacturing and more than 300 completed projects across Europe;
• We hold ISO 9001 (quality management) and ISO 14001 (environmental management) certification;
• We are VAT-registered in six countries. The VAT numbers are listed on our contact page, so you can confirm we operate openly in your market.

 

And if you want to go one step further, you are welcome to visit us — either at our factory in Latvia or at one of our Open House events on an active building site in Europe.

To arrange a visit or hear about upcoming Open House dates, get in touch and tell us where you are planning to build – we will contact you when one is coming up near you.

Here is a translated version of the letter:

Dear representative of an A-rated company,

I address you with sincere respect and satisfaction. Your company’s inclusion in the highest “A” rating group in 2025 clearly confirms that responsible business conduct in Latvia is a deliberate and purposeful choice, not an exception.

We value companies that are reliable and honest in their everyday work and that think for the long term. Timely and conscientious fulfilment of tax obligations is not merely compliance with regulations; it is an attitude towards the state, society and one’s fellow people. Such an attitude forms a stable foundation for growth, both at the company level and at the national level.

For the State Revenue Service, “A”-rated companies are more than a statistical indicator. You are our cooperation partners, who through your own example strengthen the principles of fair competition and build trust in public administration. Your conduct has a wider effect than we often realise ourselves; it shapes a business culture that others follow.

At the same time, it is important to stress that the State Revenue Service does not assess companies by their size, but by their attitude towards their employees, the surrounding environment and the Latvian state. Large, medium, small and very small companies are equally important to us, provided they are united by integrity, responsibility and respect for shared rules.

I believe that sustainable business and responsibility go hand in hand with growth. What you achieved over the past year confirms that clear principles and consistent action are of value in the long term. Together with companies like these, we can create a safe, predictable and trustworthy environment and, step by step, build an even better Latvia.

May you have strength, courage and continued growth.
I am glad that we can be cooperation partners with a shared goal.

Respectfully,
Director General of the State Revenue Service
Baiba Šmite-Roķe