The TOP 10 companies paid a total of EUR 151 million in personal income tax (PIT) in 2025, which is 8.1% less than in 2024.

The largest PIT payers were primarily companies with a high number of employees. The TOP 10 list was dominated by companies operating in the transportation and storage sector, as well as healthcare and social care, financial and insurance activities, telecommunications, computer programming, and information technology services. The list also includes one company operating in the electricity, gas supply, heating, and air conditioning sector.

Largest personal income tax payers in 2025

Name	Personal income tax in 2025, EUR	Staff in 2025	Total payments to the State Budget in 2025, EUR	State social insurance mandatory contributions in 2025, EUR
Air Baltic Corporation AS	23 632 320	2 630	67 936 530	43 940 400
SIA "Rīgas Austrumu klīniskā universitātes slimnīca"	21 959 460	5 657	67 858 450	41 681 780
"Swedbank" AS	19 019 890	1 333	134 655 560	12 784 460
Valsts sabiedrība ar ierobežotu atbildību "Paula Stradiņa klīniskā universitātes slimnīca"	16 080 590	3 924	50 564 590	29 892 770
Valsts akciju sabiedrība "Latvijas dzelzceļš"	13 546 430	3 227	48 986 860	27 783 880
Accenture Latvijas filiāle	12 258 680	1 687	36 789 110	22 532 520
Rīgas pašvaldības sabiedrība ar ierobežotu atbildību "Rīgas satiksme"	11 646 480	3 335	49 636 900	24 389 620
Sabiedrība ar ierobežotu atbildību "Evolution Latvia"	11 459 310	3 394	36 187 640	23 748 600
AS "SEB banka"	11 149 520	936	83 404 290	11 221 410
Akciju sabiedrība "Latvenergo"	10 453 200	1 461	86 146 120	19 294 750

• Air Baltic Corporation AS
The largest PIT payer in 2025 was Air Baltic Corporation AS, which paid EUR 23.6 million, representing a 28.3% increase compared to the previous year. The company’s operations include scheduled passenger transportation, charter services, and ACMI outsourcing services for other airlines.

• SIA "Rīgas Austrumu klīniskā universitātes slimnīca"
Rīgas Austrumu klīniskā universitātes slimnīca paid nearly EUR 22 million in PIT in 2025, which was 3.1% less than in the previous year. The company had the highest number of employees among the TOP 10 companies, employing 5 657 people. The hospital provides healthcare services and hospital operations.

• "Swedbank" AS
The largest PIT payer in the financial sector was Swedbank AS, which paid EUR 19 million in 2025. The company recorded the fastest growth among the TOP 10 companies by PIT payments, increasing by 38% during the year.

• Valsts sabiedrība ar ierobežotu atbildību "Paula Stradiņa klīniskā universitātes slimnīca"
Paula Stradiņa klīniskā universitātes slimnīca provides healthcare services, hospital operations, medical and dental practice, as well as scientific research and adult education programmes. In 2025, the company paid approximately EUR 16.1 million in PIT, which was 1.2% more than a year earlier.

• Valsts akciju sabiedrība "Latvijas dzelzceļš"
Latvijas dzelzceļš is engaged in railway infrastructure management, railway construction, and land transport support services. In 2025, the company paid EUR 13.5 million in PIT despite reporting losses of EUR 1.1 million. The company’s turnover reached EUR 142.5 million in 2025.

• Accenture Latvijas filiāle
The core business activity of Accenture Latvijas filiāle is computer programming and IT services. In 2025, the company paid EUR 12.3 million in PIT.

• Rīgas pašvaldības sabiedrība ar ierobežotu atbildību "Rīgas satiksme"
Rīgas satiksme operates in urban and suburban passenger transportation and also provides infrastructure and technical services. In 2025, the company paid EUR 11.6 million in PIT, which was almost 11% less than in the previous year.

• Sabiedrība ar ierobežotu atbildību "Evolution Latvia"
Evolution Latvia develops IT solutions and provides live dealer studio services to its affiliated companies. The company paid EUR 11.5 million in PIT in 2025.

• AS "SEB banka"
SEB banka paid EUR 11.2 million in PIT in 2025, which was 14.8% more than in the previous year.

• Akciju sabiedrība "Latvenergo"
Latvenergo paid EUR 10.4 million in PIT in 2025. Among the TOP 10 companies, the company recorded the highest turnover in 2024, reaching nearly EUR 265.6 million.

The largest PIT payments come from companies with a high number of employees

The TOP 10 companies by personal income tax payments demonstrate that the largest PIT contributions in Latvia are made by companies operating in industries with high employment levels and relatively high labour costs. Transportation, healthcare, and financial sector companies particularly stand out, employing several thousand people.