Powerflow Trade (“we,” “us,” or “our”) is committed to protecting the privacy and security of your personal data. This Privacy Policy explains how we collect, use, and safeguard your information when you interact with us, including through our website and related services

We may collect the following types of personal data:

• Identification Information: Name, address, email address, phone number
• Business Information: Company name, business address, and tax identification numbers
• Technical Data: IP address, browser type, and usage data related to our website
• Contractual Data: Details of agreements and related communications

We use your personal data to:

• Provide and manage our services
• Process contracts and transactions
• Communicate updates, billing, and support
• Comply with legal obligations under applicable laws and regulations (e.g., GDPR)
• Improve our website and services

We process your data based on the following legal grounds:

• Performance of a Contract: To fulfill our obligations in agreements
• Legal Obligations: To comply with regulations such as GDPR, market rules, and tax laws
• Legitimate Interests: To improve services and ensure security
• Consent: When required for marketing or optional services

We may share your data with:

• Service Providers: IT, hosting, and payment processing providers
• Regulatory Authorities: When required by law or market regulations
• Business Partners: For operational purposes

We ensure that all parties managing your data comply with relevant data protection standards

We retain your personal data for as long as necessary to fulfill the purposes outlined in this policy or as required by law. Retention periods vary depending on the type of data and legal obligations

We implement technical and organizational measures to protect your data from unauthorized access, loss, or misuse. This includes encryption, secure servers, and restricted access

Our website uses cookies and similar technologies to enhance user experience and analyze website traffic. You can manage your cookie preferences through your browser settings or our cookie banner

We may update this Privacy Policy to reflect changes in our operations or legal requirements. The latest version will always be available on our website

Under GDPR and other applicable regulations, you have the following rights:

• Access: Request a copy of your personal data
• Rectification: Correct inaccurate or incomplete data
• Erasure: Request the deletion of your data under certain conditions
• Restriction: Limit processing of your data
• Portability: Receive your data in a structured, machine-readable format
• Objection: Opt-out of certain types of processing
• Withdraw Consent: Where processing is based on consent, you can withdraw it at any time

To exercise your rights, contact us at: info[at]powerflowtrade.lv

Additionally, you have the right to lodge a complaint with the data protection supervisory authority, such as the Datu valsts inspekcija (DVI) in Latvia. For more information visit www.dvi.gov.lv. The address: Elijas iela 17, Riga, LV-1050

For questions or concerns about this Privacy Policy or our data practices, please contact us at:

Company name: Powerflow Trade Ltd (SIA)

Website: https://powerflowtrade.lv/ 

E-mail address: info[at]powerflowtrade.lv

Phone number: +371 23888666

This Privacy Policy is effective as of 01.01.2025. We reserve the right to update or modify this policy as necessary to comply with changing regulations or business practices