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TRADE-EU.INFO - your business consultant and an information guide to Latvia and other countries of Central and Eastern Europe 

We offer services for business and investment in the Republic of Latvia

Why Latvia?

1. Latvia is a member of the European Union 

Creating a company in Latvia, its owners get a full-valued European firm, which has all the advantages for doing business within the EU. In this case, the Latvian tax legislation in many ways is more liberal than in the rest countries of Europe, and the process of company registration is easier, faster and cheaper. Latvia has applied VAT rate of 0% for transactions of sale between companies in Latvia and other EU countries. 0% VAT rate also applies to a number of services provided by Latvian companies to EU companies and individuals from third countries. 

2. Simplified order for entry and stay in the EU

The position of board member or board member of the Latvian company, as well as the status of an individual merchant or the sole parent company, gives the right to obtain a residence permit in Latvia, for periods ranging from 1 to 5 years. Latvia is a Schengen state. Having residence permit in Latvia you can enter and leave the country an unlimited number of times during the term of residence (residence permit), as well as you can move freely within the territories of the Schengen countries.

3. An alien may be the sole founder of the Latvian company

The Latvian company can be owned and operated both by private and legal non-resident persons.

4. Rapid Business Registration (from 2 days)

Normal registration deadline - 5 working days (from the moment of formation of authorized capital, and obtaining of all the necessary documents and information). Expedited processing during 2 days is available.

5. Latvia - everything close and clear

It is also important that Latvia is near, bordering Russia and Belarus, the Russian language is widely spoken. In Latvia, it is convenient to live and work, because here a lot of people speak Russian language and mentality is almost the same as in Russia, but at the same time the general way of life is close to Western Europe. And you do not even need to come ... Registration of the company and its management could be made by an authorized person or firm on the basis of the power of attorney. 

6. Real estate transactions same as for EU residents

There are no restrictions for foreign individuals and entities on transfer of property rights and other rights relating to the commission deals with houses, apartments or commercial premises.