Europe - Latvia

TGS Baltic

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TGS Baltic is routinely instructed on cross-border corporate tax, structuring, and transactional matters, with particular strengths in the real estate, green energy, and, more recently, crypto and blockchain spaces. The team has extensive experience advising venture capital and private equity investors, as well as start-ups. Duo Rūdolfs Vilsons and Andra Rubene jointly lead the team; they bring wide-reaching expertise across commercial and corporate tax matters, notably in transaction structuring and employment-related tax matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Rūdolfs Vilsons has vast experience, including on common solutions and alternatives to consider. For is, it's also important that he is able to advise on nuances related with different type of cross-border investments and tax impacts on those.'

  • ‘TGS Baltic Law Firm is, in our opinion, one of the leading providers of legal assistance in the entire market. The legal team is responsive and goal-oriented, which ensures the fastest possible result. Every situation is handled professionally to achieve the most beneficial solution for the client.’

  • ‘Perfect cooperation in multiple aspects. Excellent communication and outreach skills. Special mention should be made of Rūdolfs Vilsons’ knowledge in tax aspects related to real estate transactions, M&A, and other corporate transactions.’

  • ‘We have been having a long and steady relationship for nearly twenty years, and we have no intention whatsoever to look around for any better (if any) tax advisors in Latvia. Professional and accurate, deep-digging and creative, kind and responsive - these are just a few of our impressions to mention.'

  • 'Meeting the agreed deadlines seems to be a TGS rule of thumb.’

  • ‘We have been working with Andra Rubene and Rūdolfs Vilsons, both are high quality and reliable professionals. The TGS tax team has been helping us a lot, especially performing accurate and really in-depth tax due diligence and providing deep and creative studies of cross-border acquisitions and further transactions.'

  • 'We use TGS Baltic office in Riga as a one-stop agency for solving any legal and tax matters across all three Baltic countries.’

Key clients

  • Marijas 2 SIA / Evernord Real Estate Fund III and Novira Capital OU / Novira Holding AS joint venture
  • European Energy AS
  • Inchcape Motors Latvia SIA
  • Invego OU
  • BETHOC AB / Sareq AB
  • AS Eco Baltia group
  • Intrum Global Technologies SIA
  • Altero SIA
  • Europark Latvia SIA / UAB Modus Grupe / UAB Lords LB Asset Management
  • Baltic Granulas SIA
  • Autohalle SIA
  • Accor Hotels
  • Latgran SIA
  • Cronimet group
  • Energy Transition Investments UAB
  • Møller Real Estate Baltic AS (Norway) / SIA Moller Auto

Work highlights

  • Advising Inchape Motors Latvia SIA on the taxation of various transactions, including transfers of business, cross-border vehicle sales, export procedures, customs brokerage procedures, as well as taxation of vehicles in customs warehouses, and taxation in relation to cross-border employments and employee leases.
  • Assisted BETHOC AB, a Swedish hockey training aids seller, with the tax assessment and structuring necessary for acquiring 100% of the shares in SIA SPORT REVOLUTION, a Latvian ice hockey, floorball, and field hockey training aids seller, in exchange for shares in BETHOC AB given to one of the previous shareholders of SIA SPORT REVOLUTION and payment of cash to another previous shareholder.
  • Assisted parking management company Europark Latvia SIA with client invoicing procedures to ensure VAT application through all invoicing chains.

Lawyers

Next Generation Partners

Andra Rubene

Andra Rubene

TGS Baltic

Partner, Head of Corporate and M&A Practice Group, Co-Head of Competition Practice Group

Practice head

The lawyer(s) leading their teams.

Andra Rubene, Rūdolfs Vilsons

Other key lawyers

Inese Hazenfusa, Linda Štrause