Guide to business partnerships and joint ventures in Latvia
For foreign investors looking to form joint ventures and commercial relationships, Latvia has a plethora of options. Latvia is a great entry point to the European Union and the larger Baltic region because of its advantageous position, vibrant economy, and modern facilities. This guide attempts to give an in-depth review of collaborative enterprises and company […]
Impact of digital transformation on companies in Latvia
In the business world, digital technology adoption is fundamental for animating development and further developing proficiency, particularly for small and medium-sized firms (SMEs). Digitalization can increase financial inclusion and lessen informality, which is characterized as an economic activity that isn’t covered by regulations. Additionally, it may contribute to a more efficient tax system. For instance, […]
Guide to intellectual property enforcement and litigation in Latvia
Intellectual property (IP) is a valuable asset for businesses and entities likewise, and guarding it is critical for encouraging invention and creativity. In Latvia, as in numerous other countries, enforcement and action play a significant part in securing intellectual property rights. This composition serves as a comprehensive companion to IP enforcement and action in Latvia, […]
Exploring opportunities in the Latvian hospitality and tourism sector
The Latvian travel industry area is a growing industry with a great deal of potential. The travel industry contributed 4.5% of Latvia’s GDP in 2018 and upheld 8.5% of all occupations. As per 2020 OECD research, there was a 37% increment in the number of lodgings and rooms in Latvia. The country has exceptional opportunities […]
Guide to business networking and relationship building in Latvia
Establishing a solid organizational connection and forming strong ties are crucial for commercial accomplishment in any nation, especially Latvia. Latvia is a bustling Baltic country with a vibrant business environment that provides plenty of chances for businessmen to network, work together, and expand their businesses. We will explore the tactics and the latest trends for […]
Impact of covid-19 on business registration and operations in Latvia
Latvia moved rapidly to contain the Coronavirus pandemic and has figured out how to keep its general number of cases low throughout a large portion of the emergency. This was helped by effective government action and public compliance. However the early lifting of restrictions caused infections to spiral by the fall, and the intra-Baltic cooperation […]
Guide to intellectual property due diligence in Latvia
Due diligence on intellectual property (IP) is a crucial procedure that aids companies in determining the worth and dangers of IP assets through combinations, acquisitions, or investments. If you want to protect your intellectual property in Latvia, a member of the European Union with strong IP laws, you must undertake careful due diligence. The goal […]
Exploring opportunities in the Latvian green technology sector
The drive for sustainability and environmental awareness on a worldwide scale has made it possible for the green technology industry to expand quickly and innovate. The promotion of sustainability, renewable energy, and environmentally friendly activities is the focus of a broad variety of businesses and technological advancements in Latvia’s green technology industry. Latvia has developed […]
Guide to business funding and investment options in Latvia
A little nation tucked away in Northern Europe’s Baltic area, Latvia has a booming economic scene with a lot of potential for both financiers and executives. Due to its advantageous geographic position, advanced structures, and highly qualified labor force, Latvia has become a sought-after site for enterprises looking to expand. Nonetheless, finance and investment are […]
Impact of Brexit on Latvian businesses and trade relations
Brexit is the term used to depict the withdrawal of the United Kingdom(UK) from the European Union(EU), which occurred on January 31str, 2020. From that point forward, the UK and the EU have been arranging the conditions of their future relationship. Which will influence different parts of exchange, movement, security, and collaboration. The effect of […]