Baker Tilly Baltics

What Baker Tilly Baltics does

Baker Tilly Baltics AS is a Riga-headquartered Latvian audit and professional services firm founded in 1999, operating as an independent member of the Baker Tilly International network. The firm delivers a unified portfolio of six core service lines — audit, accounting, payroll and mobility, tax and legal, advisory, and transaction/M&A services — to companies and funds operating in Latvia and the broader Baltic region. Service delivery is partner-led, with a team of approximately 20 professionals including sworn auditors, a certified tax consultant, and a corporate lawyer with German-language cross-border capabilities.

The firm serves clients across multiple verticals including medicine and pharmaceuticals, fintech, transport and logistics, manufacturing and engineering, and real estate and construction, with explicit positioning on EU regulatory compliance themes (EU AI Act, DAC7, CBAM, EU Pay Transparency Directive, transfer pricing reform, AML/KYC, and fintech licensing). The firm has no proprietary technology platforms; its technology footprint is limited to standard professional services tooling plus a recently launched digital business card solution (October 2025). AI and automation appear only at the level of published thought leadership rather than embedded product capability.

Baker Tilly Baltics generates revenue through quote-based professional services fees tailored to engagement scope, with no publicly disclosed rate cards, pricing tiers, or contracted recurring-revenue structure. Go-to-market is relationship-driven and sales-led, supported by an active content marketing engine publishing Latvian- and English-language insights on the firm's website and across LinkedIn, Facebook, Instagram, X, and YouTube. Cross-border mandates flow through the Baker Tilly International network of 754 offices across 147 countries and 110 jurisdictions. The firm is privately held by its local partners, with no external institutional investment or public listing.

Name

Baker Tilly Baltics

Legal name

Baker Tilly Baltics AS

Website

https://bakertilly.lv

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Baker Tilly Baltics AS is a Riga-based Latvian audit, accounting, tax, payroll, advisory, and M&A services firm of approximately 20 employees, serving companies and funds across the Baltic region as an independent member of the global Baker Tilly International network.

Ownership category

akta.pro rank

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Audit Services: Financial audits conducted by certified sworn auditors (zvērināti revidenti). Partner-led service providing support at all stages of audit engagements.
2. Accounting and Payroll Services: Outsourced bookkeeping services for all types of companies and funds, including payroll calculation services for companies across the Baltic states.
3. Tax and Legal Advisory: Tax consulting ranging from daily tax compliance to complex tax planning and restructuring projects, as well as legal services.
4. Advisory Consulting: Advisory services provided by partner-led teams that know the client and their business, covering financial consulting, CFO advisory, and strategic guidance.
5. Transaction / M&A Services: Transaction services covering deal details across all countries and 110 jurisdictions globally through the Baker Tilly International network.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Baker Tilly Baltics AS provides audit, accounting, payroll, tax and legal, advisory, and M&A/transaction services to businesses and funds in Latvia and the Baltic region. Services are delivered through a partner-led model in Latvian, English, and German, with cross-border execution enabled by the Baker Tilly International network spanning 147 countries and 110 jurisdictions.

Product overview

Baker Tilly Baltics offers a unified portfolio of professional services including Audit, Accounting, Payrolls and Mobility, Tax and Legal, Advisory, and Transactions. The firm operates as a single integrated service offering rather than a modular platform, where these core service lines work together to serve clients across the Baltic region. All services are delivered through a partner-led model with access to Baker Tilly International's global network spanning 147 countries and territories.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit
• Accounting
• Payrolls and Mobility
• Tax and Legal
• Advisory
• Transactions

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Baker Tilly InternationalcoreOthersBaker Tilly Baltics AS is an independent member of Baker Tilly International, a global network of independent accounting and business advisory firms. This membership provides access to 754 offices in 147 countries and territories, enabling cross-border service delivery across 110 jurisdictions. Baker Tilly International reports $6.8 billion in global revenues and has 50,400 employees. Each member firm is a separate and independent legal entity.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• EY Latvia: EY Latvia is the Latvian practice of Ernst & Young, a Big 4 firm. It offers audit, tax, transaction advisory, and consulting services competing directly with Baker Tilly Baltics for Latvian enterprise and cross-border mandates, with stronger technology platforms and global delivery capability.
• PwC Latvia: PwC Latvia is the local member firm of PricewaterhouseCoopers, one of the Big 4 global audit and advisory networks. It directly competes with Baker Tilly Baltics across audit, tax, accounting, payroll, advisory, and M&A services in Latvia, with substantially larger resources. Signe Zīgela, a current Baker Tilly Baltics partner, previously worked at PwC.
• KPMG Latvia: KPMG Latvia is the Latvian member firm of KPMG International, the fourth Big 4 network. It competes with Baker Tilly Baltics across audit, tax, and advisory services, including strong practices in financial services and regulatory advisory relevant to the Latvian fintech segment.
• Deloitte Latvia: Deloitte Latvia is the Latvian member of Deloitte Touche Tohmatsu, one of the Big 4. It competes with Baker Tilly Baltics across the full professional services stack (audit, tax, consulting, financial advisory, M&A) for enterprise and mid-market clients in Latvia, with significantly deeper bench and global resources.

Direct peers

• Crowe Latvia: Crowe Latvia is the Latvian practice of Crowe Global, a top-10 international accounting network. It directly competes with Baker Tilly Baltics for mid-market audit, tax, and advisory mandates in Latvia, with comparable mid-tier positioning and cross-border network reach.
• BDO Latvia: BDO Latvia is the local member of BDO International, a top global mid-tier accounting network. As a similarly-positioned mid-tier network firm, BDO Latvia is a direct peer competing with Baker Tilly Baltics for the same mid-market audit, tax, accounting, and advisory mandates in Latvia with comparable scale and international reach.
• RSM Latvia: RSM Latvia is the Latvian member of RSM International, a global mid-tier audit and advisory network. It is a direct peer competing with Baker Tilly Baltics for audit, tax, accounting, payroll, and advisory services, particularly among mid-market clients in the Baltic region.
• Moore Latvia: Moore Latvia is part of Moore Global, an international accounting and consulting network of independent firms. It competes with Baker Tilly Baltics in audit, accounting, tax, and advisory services for mid-market Latvian clients, with a similar network-affiliated mid-tier positioning.
• Grant Thornton Latvia: Grant Thornton Latvia is the Latvian member of Grant Thornton International, a global mid-tier audit and advisory network. It directly competes with Baker Tilly Baltics in audit, tax, advisory, and transaction services, particularly in the mid-market and SME segments that form Baker Tilly Baltics' core client base.
• Mazars Latvia: Mazars Latvia is the Latvian member of Mazars, an international audit, tax, and advisory firm. It competes with Baker Tilly Baltics across the same service lines for Latvian and international clients, with a similar mid-tier positioning and cross-border network.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/BTBalticsLV
• YouTubeyoutube.com/user/BakerTillyInter
• Facebookfacebook.com/Baker-Tilly-Baltics-AS-504488476404000
• LinkedInlinkedin.com/company/baker-tilly-baltics
• Instagraminstagram.com/bakertillybaltics

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Baker Tilly Baltics