+371 67 333 957 | INFO@IBCC.INFO
English
Explore our top jurisdictions
  • Company in Latvia

    15% CORPORATE TAX

    SHELF COMPANY + VAT

    REMOTE BANK ACCOUNT

  • Company in Latvia

    15% CORPORATE TAX

    SHELF COMPANY + VAT

    REMOTE BANK ACCOUNT

  • Company in Latvia

    15% CORPORATE TAX

    SHELF COMPANY + VAT

    REMOTE BANK ACCOUNT

PRINT

Company formation in Latvia

Want to learn more about this jurisdiction?

Send us an inquiry

Since a long time, Latvia has been playing role of a bridge between the East and the West.  In the past years, it has become a logistics centre of the Baltic region and also one of the leaders in the Eastern Europe in IT sector. Latvia is not only one of the most popular countries for transit, but is also attractive for business and immigration due to the obvious advantages, like similar mentality, knowledge of the Russian language and excellent infrastructure. 

Trade companies


Due to the latest changes in the international, and particularly in European legislation the resident status of the company and possession of the VAT number become the most important aspects of operation of your company. An increasing number of European partners prefer to cooperate with companies having the VAT number.

Relatively simple procedure of registration of the VAT number and automatic assignment of the tax resident status make the Latvian companies popular for trade within the EU, and also for export of goods outside the EU borders.


In Latvia and there is an opportunity to receive the VAT number without losing tax advantages. Absence of Latvia in “black lists”, possibility to reduce the corporate tax rate to 15% makes the Latvian partnerships an attractive instrument for running foreign trade.

Holding

The biggest advantage of Latvia over such traditional “holding jurisdictions” like the Netherlands, Austria and Cyprus is the universality. To benefit from tax concessions to the Latvian holdings There are no additional requirements to enjoy the tax benefits  like requirement for participating interest, duration of share ownership, nature of business, taxation level in the country of the subsidiary etc.

The European regulation about the parent companies and subsidiaries allowing the application of the withholding 0% tax rate to companies registered in the European Union is still effective. The withholding tax is reduced basing on the agreement on avoidance of double taxation signed by over 50 countries including Russia, Belarus, Ukraine, Kazakhstan and Azerbaijan.

Business immigration

 

  • EXCELLENT INFRASTRUCTURE – Latvia is one of the TOP countries in relation to the speed and quality of Internet
  • HIGH LEVEL OF EDUCATION – it is easy to find employees knowing both Russian and English
  • FUNDING ON FAVOURABLE TERMS – it is possible to receive a low interest credit from the leading Scandinavian banks
  • STABILITY – logically organised legislation
  • LOW EXPENDITURE – affordable rental prices for accommodation and offices
  • TAX ECONOMY – 15% (enterprise income tax), one of the lowest taxes in the EU
  • An opportunity to get the residence permit as for an employee of a company – no need for investments, which makes Latvia an attractive country for business and immigration.

 

Today, the most popular way to get a residence permit in Latvia is through investments in immovable property; however this is not the only way! We are specialists in business immigration and will always offer the most easy and cost-efficient way tailored just for you!

How do I start?

Describe your project for us and we will do all the paperwork:

  • We will find the optimum solution for ensuring success of your business in Latvia.
  • Ready-to-operate solutions – we will register the company, develop a business structure in accordance with your requirements and provide professional tax, accounting and legal services. We value your time and money!

Contact us now! We will gladly assist you with the formation of your business in Latvia.