LATVIA COMPANY FORMATION

Latvia Company Formation

Taking your business to foreign shores can be a practical and lucrative idea. However, choosing the location is of great importance. The Baltic Region is eyed by many business owners these days and Latvia is a suitable country located in this region. Its excellent infrastructure, communication provisions, and pro business policies introduced buy the govt make things easier for potential business investors. While these may seem enticing to you for business expansion in Latvia, you may try our Latvia Company Formation services.

The govt of Latvia has introduced straightforward business expansion and formation norms for the foreign company owners. You can set up branches, joint stock companies, limited liability companies in the country without facing much hurdles. The foreign investors are treated almost on par with local investors in this regard. While you need to pay minimum share capital, the Latvian Commercial Law is quite flexible and you need not pay the entire amount at once. You need not wait for a long time for starting business operations either. It can be completed in a few days in most instances.

The economy of Latvia has developed despite coping with economic hiccups over the years. The govt has also come up with a number of programs to woo foreign business investors. A number of companies have invested in Latvia in last few years and they deal with textile, food processing and IT mostly. The companies investing in niches like technology and real estate can get up to 40% rebate in corporate tax allowances for a period of 10 years.

From the logistics perspective, Latvia is way better than many countries for business operations. Situated on the edge of the EU, Latvia offers excellent logistics setup. There are 3 big seaports and aviation link to most European countries is strong enough for business needs. The country also has widespread high speed web access facilities which are a prerequisite for any business these days. If these make you eager to expand business to Latvia, check out our Latvia Company Formation services.

Finding skilled workforce with fluency in English is not a problem in Latvia. The young generations are willing to get into different sectors career wise.

The pro business factors in Latvia may prompt you to start a venture there. However, you may still require expert assistance from the BRIS group for managing legal issues. Our Latvia Company Formation services will be handy for you. Write to us to get details.

Other benefits:

• Latvia – Financial center of Eastern Europe;
• The Company in Latvia – key element for successful business in Europe and worldwide;
• Latvia is a well-known European jurisdiction;
• Stable legislation;
• Personal visit is not obligatory, you can sign documents with Notary in your country and send them to us;
• Short incorporation time (2-3 business days);
• Low taxes for trading and holding companies;
• Low administration costs;
• European VAT number with EORI (if required);
• Double taxation treaty with more than 50 countries;
• Bank account in the same country.