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Required licenses for wholesale and retail trade business in Latvia

Wholesale and retail enterprises may register and get licenses using procedures that are quite similar to those used by industrial

Requirements to set up a company in Latvia

In Latvia, forming a business is rather simple. After the company is registered, you must submit paperwork to the Latvian

Engineering and Metalworking market overview in Latvia

Given that Latvia served as one of the high-tech manufacturing hubs for the Soviet military and aerospace industries, metal processing

Benefits of starting a business in Latvia

As a tiny nation in Northern Europe, Latvia is renowned for luring businesspeople. Its vitality is greater than that of

Subsidized electricity tax

The creation of a new "Subsidized Energy Tax" has received approval from the Latvian Council of Ministers. Firms getting financial

Amendments to the articles of association of a Stock Company in Latvia

The articles of association set the most relevant principles for operating under an amendment to the statuses made to the

Transformation of sole dealers, farms, and fishing undertakings into LLC in Latvia

The individual company, as well as the farm of farmers or fishers, has the right to change the company into

Start a transportation business in Latvia

The transportation industry is one of the most significant in Latvia because of its small natural resource base and advantageous

Everything you need to know about Foreign Representative Office

A foreign representative office (FRO) is a common type of entity in which foreign companies establish a presence in a

Start a Software industry business in Latvia

Competitive advantages for investors in Latvia’s IT sector come from the availability of skilled IT workers, language skills, a mix

Division with establishing a new Stock Company in Latvia

A stock company also known as SC or AS is a corporation whose shares and stocks can be publicly traded.

Tax debt guide

Taxpayers may submit a motivated written application to the SRS requesting that the SRS adopt a decision on voluntary payment

Financing options for a small business in Latvia

A federal survey taken in 2019 found that 44% of small business owners borrowed money to cover costs. “There's no

Liquidation or Termination of Activities of a Sole Trader in Latvia

An individual merchant at liquidity or termination of the action is expected to apply to be excluded. This application is

Reasons to outsource an accountant

Depending on the size of a company, accounting services can be outsourced to professionals working for business support services providers.
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