Import and export in Latvia is an important part of the country’s economy and export growth has had an important contribution to the country’s positive evolution, along with the rapid development of the services sector. Investors who open a company in Latvia that engages in export and import activities need to observe both…
A holding company is a legal entity that does not engage in specific business or commercial activities but holds stock in other existing companies. It can be seen as a parent company with enough stock percentage to have voting rights in other corporations. This is a guide on how to open a holding company in…
Double tax treaties in Latvia allow for the reduction of the tax burden for individuals who derive their income from both Latvia and another county with which such a treaty is in place. Latvia has signed almost seventy such treaties and foreign companies can have certain tax benefits when obtaining income…
Foreign investors can open a subsidiary in Latvia under the form of a limited liability company (LLC), people mostly choose Latvia for setting up a subsidiary because it offers the great benefits of taxation system. Besides this, Latvia is a country that offers several advantages to investors, including competitive costs…
The virtual office is a physical address for the business, complete with selected office services, as needed but without the usual costs needed for renting a permanent office space and providing for the same office services. The virtual office in Latvia is an alternative way of setting up a location for…
Our agents specialize in company formation in Latvia and have an extensive experience in working with both local and foreign investors for business projects in all of the major industries in the country. Quick Facts Types of companies Limited Liability Company Joint Stock Company Branch Sole proprietorship Partnership Minimum share capital for…
