The concept of the state fiscal policy is developed by the Ministry of Finance and the Ministry of Economics. The State Revenue Service (hereinafter - SRS) is the administrative body carrying out the fiscal policy in Latvia. Ensuring of tax revenue is the main operational task of the SRS. Based on the consideration that the tax revenue plan for the regions is drafted correctly, i.e. by taking into account the macroeconomic situation in the country and the research contains calculations of the regional budget revenue plan performance indicators which prove that the regional tax revenue planning method is efficient thus efficient tax administration is one of the main factors influencing tax revenue. Considerable part of the research is devoted to the role of the SRS and its operation in order to improve the tax administration efficiency. Polls concerning satisfaction of the SRS clients are carried out for this purpose. By evaluating the poll results it has been stated that by organising seminars for taxpayers the specific character of business in any particular region should be taken into account. It would be useful to organise thematic seminars about applying taxes in specific business areas. In Kurzeme region and Riga it would be efficient to organise seminars on applying of taxes for businesses dealing with international transportation by sea and businesses supplying goods and rendering services for ships which are used for navigation in international waters.

Nowadays ICT has a significant role in public administration by creating opportunities to automate a lot of manual operations. ICT plays an important role both in improving customer service in public administrations as well as internal and inter-institutional co-operation processes in public administrations that promote access to services and service quality, facilitate administrative processes for citizens and businesses and contribute to the accessibility of information. Public authority daily faces a major challenge – on the one hand to reduce labour costs and on the other hand to introduce innovations. In the implementation of both these objectives public administrations deal with a serious problem – to operate in a connected environment by involving stakeholders and at the same time to solve problems by using new working methods, tools and management models. One of the strategic objectives of tax and customs administrations is to increase resource use efficiency and effectiveness; therefore, they continuously search solutions to simplify administrative procedures, to improve and develop the quality of services provided and the business environment in general, and how to automate internal work processes and significantly reduce manual workload. This study aims to examine the structure affecting the efficiency indicators, to point out the factors which have the biggest impact on increasing effectiveness of institutions.

The research paper summarizes the results of the influencing factors of small and medium enterprises development: government's policy, access to short and long term financing with reasonable interest rate, investments, tax system, geographical environment, business environment and infrastructure, experience and knowledge. Most of all the small and medium enterprises development is influenced by the investments but also other factors have very significant role.

Employment is a crucial indicator of economic development and growth, making employment policy a key component of national and regional socio-economic strategies. Self-employment is a significant form of employment widely practiced in Latvia and other EU Member States as a means to initiate businesses and integrate into the labour market. As of 2022, about 27.66 million self-employed individuals, constituting roughly 14% of the EU workforce, contribute to the European economy. Modern work dynamics allow individuals to earn income as employees or self-employed, with flexible employment forms, including self-employment, gaining popularity due to several advantages. These advantages include increased flexibility, personal independence, opportunities to join or stay in the labour market, and the potential to earn additional income alongside a primary job. However, self-employment also has its drawbacks. It can be exploited to evade taxes and bypass labour laws, leading to ʻfalse self-employmentʼ. While this may appear advantageous for the self-employed, it primarily benefits employers by reducing their costs. This practice can severely limit the self-employedʼs access to social protection and adversely impact their quality of life and financial stability in situations of social risk, such as illness, disability, or retirement. Self-employment involves various economic, psychological, sociological, and managerial dimensions and entails considerable risk. Global trends indicate that individuals in lower-income countries are more likely to be self-employed, whereas those in higher-income countries tend to have paid employment.

Nowadays, when the economic development of countries is more and more influenced by knowledge-based, innovative entrepreneurship, particular attention is paid to the application and protection of intellectual property. Enterprises can acquire intellectual property rights in various ways externally and such rights can also be generated by enterprises internally: they launch and subsequently produce new or improved products and services (research and development) and ensure the protection of intellectually intensive products (patents, trademarks, computer software, etc.). Thus, it is important to study the valuation and accounting of intellectual property rights. The aim of the research is, on the basis of the studies of intellectual property rights accounting policy in Latvia, to identify the shortcomings related to the valuation and accounting of intellectual property rights and to develop recommendations for their elimination. The following research tasks are subject to the aim: to study IPRs concept, regulatory framework and statistical data, to valuate accounting policy for IPRs; to identify shortcomings related to the valuation and accounting of IPRs; to develop recommendations for the elimination of identified shortcomings. The results of research enable to draw a conclusion that the requirements of the laws and regulations of Latvia do not prevent from the capitalization of intellectual property rights as intangible assets; however, it is necessary to revise and improve some requirements. In the conclusion of research, the authors have elaborated recommendations for the elimination of identified shortcomings.